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CME Group Says Bitcoin Primarily Functions as a Decentralized Store of Value

Source
Minseung Kang

Summary

  • CME Group said Bitcoin (BTC) is a decentralized store of value.
  • CME Group said, "Bitcoin primarily functions as a decentralized store of value."
  • CME Group said Bitcoin is maturing across economic, functional and regulatory dimensions.

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Photo: Shutterstock
Photo: Shutterstock

CME Group, the world's largest derivatives exchange, described Bitcoin as a decentralized store of value.

Bitcoin Magazine reported on X on October 23 that CME Group said, "Bitcoin primarily functions as a decentralized store of value."

The exchange added that Bitcoin is maturing along distinct economic, functional and regulatory paths.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

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