Chicago is a city in the U.S. Chicago is the third largest city in the country by population and it is the second financial center after New York. In terms of Bitcoin in Chicago, the city has many conditions for the technology to develop, as the regulation of the state where Chicago is located, Illinois, supports Bitcoin technologies and is optimistic about it. Also, the city has become a place for different cryptocurrency-related conferences, developing centers, Bitcoin ATMs, etc. The Chicago Board Option Exchange (CBOE) announced in 2017 that it would be introducing Bitcoin into the market by trading Bitcoin futures in Chicago, which could lead not only to the attraction of new investors, but also to the reduction of volatility and acceptance of Bitcoin as an official financial asset.
The crypto space has notably matured over the last three years.
CME explains why it waited three years for ETH futures
Binance’s interest in DeFi expands globally.
Binance’s US arm joins Chicago DeFi alliance
CME customers would rather trade cash-backed Bitcoin products at present.
CME Traders Prefer Cash-Settled Bitcoin Products
Compound Finance, TD Ameritrade and Cumberland DRW launch the Chicago DeFi Alliance, a new project aiming to support DeFi development.
Chicago DeFi Alliance Launches to Save Decentralized Finance
Chicago-based Fintech company FinTank looks to launch a national SRO to help the crypto regulatory scene.
Chicago Startup Fintank Aims to Launch a Crypto Self-Regulatory Organization
ErisX has received a DCO license from the U.S. CFTC, supplementing its DCM license and allowing for the regulated trading of crypto futures.
US Cryptocurrency Exchange ErisX Receives License for Crypto Futures
New York-based Gemini exchange adds a Chicago office in a move to extend engineering expertise for the platform.
Winklevoss’ Gemini Exchange Launches Chicago Office to Serve as Engineering Hub