CME Group and CF Benchmarks will launch Bitcoin and Ethereum reference rates for the Asia-Pacific region on September 11th.

BlockBeats News, August 17th - The 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 11th - the 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 US dollar price of these two digital assets, with a release time of 4pm Hong Kong/Singapore time.