CME's CEO explains the biggest issue regulators have with bitcoin

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CME's CEO explains the biggest issue regulators have with bitcoin
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Terry Duffy, CME Group's CEO, told Business Insider cryptocurrency backed by fiat money will likely be the only acceptable form of regulators.

Terry Duffy, CME Group's chairman and CEO, told Business Insider that regulators are more likely to be accepting of cryptocurrencies backed by fiat money.

Duffy said the focus of too many crypto conversations is around the value, as opposed to actual use cases.

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