The Chicago Exchange and CF Benchmarks will jointly launch Bitcoin and Ethereum reference rates for the Asia-Pacific region

ChainCatcher news, the Chicago Mercantile Exchange Group (CME Group) and cryptocurrency benchmark index provider CF Benchmarks announced plans to launch two Bitcoin and Ethereum reference rates for the Asia-Pacific region on September 11 - CME CF Bitcoin Reference Rate APAC (BRRAP) and CME CF Ether-Dollar Reference Rate APAC (ETHUSD_AP). These two rates will provide a daily reference rate for the dollar price of these two digital assets, with the release time at 4 PM Hong Kong/Singapore time.