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The launch of euro-denominated bitcoin and ether futures could accelerate the ongoing institutionalization of the crypto market, as the euro, the common currency of 19 of the 27 European Union member states, is the second most sought-after currency in global foreign exchange reserves. , according to the World Economic Forum. In addition, the daily turnover in the euro-dollar pair is the highest in the global foreign exchange market, which has an average daily volume of 6.6 trillion dollars.
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