Website: ctvnews.ca
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Bitcoin futures rise as virtual currency hits major ...
The first-ever bitcoin future jumped after it began trading Sunday as the increasingly popular virtual currency made its debut on a major U.S. exchange.
The futures contract that expires in January surged more than $3,000 to $18,010 four hours after trading launched on the Chicago Board Options Exchange. The contract opened at $15,000, according to data from the CBOE.
The CBOE futures don't...
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Rates would likely be higher if Bank of Canada took ...
Bank of Canada governor Stephen Poloz is sounding the alarm on Bitcoin, calling the purchase of the cryptocurrency "closer to gambling than investing."
In a speech at the Canadian Club Toronto on Thursday, the governor said Bitcoin is not a reliable store of value and does not constitute "money."
He added that buying the cryptocurrency "means buying risk" and urged those flocking to it to "read...
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