According to the New York Times, Intercontinental Exchange (ICE), owner of the New York Stock Exchange, is looking at a proposal to launch Bitcoin trading options. ICE could be the latest Wall Street giant to “go Bitcoin”.
Last week Goldman Sachs executive Rana Yared said, “inundated” by client requests, the bank had decided that Bitcoin “is not a fraud.”
According to the reports:
“[ICE] has had conversations with other financial institutions about setting up a new operation through which banks can buy a contract, known as a swap, that will end with the customer owning Bitcoin the next day — with the backing and security of the exchange.”
Pending official comment from ICE, Bitcoin, with Goldman’s position, seem to hold out against criticism by Berkshire Hathaway CEO Warren Buffett bad-mouthing crypto as “rat poison squared” and “harvested baby brains.”
Bill Gates went along with Buffett against crypto telling CNBC, it was “a ‘greater fool’ type of investment” but that he nonetheless “would short it if there was an easy way to do it.”