CME Group plans to launch bitcoin trading, FT reports

CME Group (CME) has been holding discussions with traders who want to buy and sell bitcoin on a regulated marketplace as the world’s largest futures exchange works on plans to launch trading of the cryptocurrency, three people with direct knowledge of the matter told Financial Times’ Philip Stafford. Shares of Coinbase (COIN) are down $18.23, or 8%, to $201.68 in Thursday afternoon trading following FT’s report on the plans.