NEW YORK (Dec 18): The world’s biggest exchange just joined the bitcoin revolution.

Bitcoin futures started trading Sunday night at CME Group Inc.’s venue, a week after Chicago rival Cboe Global Markets Inc. introduced similar derivatives on the volatile cryptocurrency.

The January contract rose 5.5% to US$20,580 ($27,773) at 6 p.m. New York time. As CME launched its contract, bitcoin rose toward a record US$20,000.

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