Backed, the company owned by the parent of the New York Stock Exchange that's seeking to launch

physically settled Bitcoin Futures is delaying its launch until next year.

Good evening.

I'm Mark Hoxton, and this is late confirmation from CoinDesk, bringing you the top stories

from Tuesday, November 20th.

Also on today's show, the UK considers a ban on crypto derivatives.

Alabama cracks down on ICOs.

And the U.S. Department of Justice is reportedly investigating Tethers' role in potential market manipulation.

We'll have more on these and other stories on today's show.

The Intercontinental Exchange's Bitcoin Futures trading platform is delaying its product launch.

Bact's first product, which was first unveiled in August, has been postponed

to as early as January 24, 2019. Trading and warehouse operations are both expected to begin on that date.

The platform explained that the new listing timeframe will provide additional time for customer and clearing

member onboarding prior to the start of trading and warehousing of the new contract.

In an announcement on Medium, backed CEO Kelly Loeffler expanded, saying that the volume

of interest in the company and the work required to get all the pieces in place

contributed it to the delay.

Backed previously anticipated launching its futures trading next month, saying in a previous

notice that it would launch the product on December 12, 2018.

The new date is still subject to regulatory approval, indicating that the platform may not

have received such approval yet.

Next up, the UK's Financial Conduct Authority, or FCA, is considering a ban on some cryptocurrency-based

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