CME Group to publish daily bitcoin settlement price

Bitcoin is a web-based “cryptocurrency” used to move money around quickly and anonymously with no need for a central authority. But while some champion it as the digital money of the future, it is often dismissed as a currency that is too volatile to invest in.

Last year, the New York Stock Exchange, owned by the ICE, started the first daily, exchange-calculated bitcoin index.

Also on Monday, the BBC reported that an Australian tech entrepreneur said he had created the digital currency.

Read more ... source: TheBitcoinNews