Bitcoin warning voices also ... 'Institutional rights'

Although the recent warning of bitcoins showing roller coaster ride is getting bigger, there are more institutions accepting bitcoin as a payment method. In addition, it will be officially traded in the system market soon. 

According to Bloomberg News and CNBC on Tuesday, Vice Chairman of Financial Supervisory Commission of Randall Quay's Federal Reserve Bank of Japan warned that the virtual currency is becoming more popular, such as bitcoin, . 

He stressed that price risk, potential liquidity, and credit risk would be a major challenge for the financial system if digital money could not be exchanged at a steady rate with the US dollar in difficult times. 

Lloyd Blank, Chairman of the Board of Goldman Sachs, said in an interview with Bloomberg TV that it is too early to set up a bitcoin investment strategy. 

Billionaire investor Carl Icahn also said that Bitcoin is a bubble like the land bubble of the 18th century Mississippi. 

Market researcher Virini Associates claimed Bitcoin was the third bubble following the Mississippi bubble in the top 10 financial bubbles ever, and Qualcomm stocks soaring 31% in December 1999. 

The price of a bitcoin, which hit a record high of $ 13,90 on 29th last month, has plummeted to $ 9,200 in a matter of hours, and it has been shaky to 9,000 dollars the day before.

However, PwC, the world 's fourth-largest accounting firm, has also decided to allow bitcoin settlement for warnings about bitcoin price bubbles. 

PwC said it accepted the payment of the advisory service fee provided by the Hong Kong office by bitcoin. PwC explained that it will also receive other virtual money from customers who have been advised about selling and exchanging virtual money, and launching virtual money funds. 

The Nasdaq is expected to handle a bitcoin gift as early as next year, according to the Wall Street Journal (WSJ) and CNBC. 

Everywhere, Friedman Nasdaq President and Chief Executive Officer said that the plan for releasing gifts related to Bitcoin is only at an early stage, but there is no announcement, but some work is being done to discuss ways to nurture bitcoin into tradeable assets He said. 

"ETFs and futures are the best way to bring Bitcoin into the market," he added. "We are constantly evaluating whether Bitcoin can be an asset that can exist in a more regulated market environment." 

The inclusion of bitcoin in the warning of the risk of bitcoin investment is also due to the fact that bitcoin is expected to be incorporated into mainstream financial products in the long term and the market assessment is also favorable. 

The stock price of Overstock, an American commerce site that said it will accept all virtual money, has soared 310% since late July.

The mobile payment service provider Square also raised its share price by 24% for 10 days after it announced that it would allow some users to buy bitcoin on the 15th of last month. 

PwC said, "As a company that has increased cooperation with companies in digital assets and virtual currency, we believe that accepting bitcoin settlement will evolve into an element of normal trading." 

It is also at the forefront of entering into the system market. 

According to CNBC, the Chicago Mercantile Exchange (CME) will release a bitcoin gift on Wednesday. The Chicago Mercantile Exchange is the world's largest futures exchange. 

When futures trading starts, you can bet on both the rise and fall of the coin price. 

As a result, large-scale financial institutions and individual investors are expected to increase their bit-coin investment base. Risk management standards including price limits are also applied. 

Above all, the economic medium has been evaluated as meaning that virtual money, which was controversial as the value of money, will enter the system market for the first time. 

The Chicago Board of Options (CBOE) plans to release a bitcoin product soon.