According to people familiar with the matter, China is designing futures tied to AI-related tokens against the backdrop of intensifying competition in artificial intelligence between China and the United States.
China is designing futures linked to AI-related tokens, according to people familiar with the matter. The report ties the move to broader competition in artificial intelligence between China and the United States. If launched, such contracts would represent a crypto-related derivatives product, giving market participants exposure to price movements in AI-themed digital tokens without necessarily holding the underlying assets directly.