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CME Group Inc. and Cboe Global Markets Inc. are poised to offer bitcoin futures contracts, easing the way for mainstream investors to bet big while dragging regulators into a realm skeptics call a fad and fraud.Bitcoin extended gains following the announcement.All three exchanges promised to help the agency surveil the underlying bitcoin market.U.S. financial regulators have struggled for years to agree on what, exactly, bitcoin is and what risks it might pose.In addition to the CFTC, there's the Securities and Exchange Commission, the Internal Revenue Service and the Treasury Department's FinCEN, which tracks illicit payments.The CFTC declared in 2015 that it would treat bitcoin as a commodity.
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