Bakkt

The World Federation of Exchanges (WFE) has asked the UK Financial Regulatory and Supervisory Authority (FCA) not to ban the sale of cryptocurrency derivatives to retail investors. The WFE has asked @TheFCA not to ban the sale of crypto derivatives to retail consumers while supporting the regulator's desire to better protect vulnerable consumers. Read more here: https://t.co/mIPIEXfN8n – WFE (@TheWFE) October 7, […]

Algorand blockchain-oriented investment firm Algo Capital has lost several million dollars in USDT and ALGO tokens, reports CoinDesk. According to a source familiar with the situation, Algo Capital told partners that the attackers were able to access the mobile phone of technical director Pablo Yabo. As a result, the company lost funds in the amount of $ 1 million to $ 2 […]

Only 1% of the US population owns bitcoins, which is too small for the institutional market, says Tom Lee, managing partner and head of research at Fundstrat Global Advisor. In an interview with The Block, Tom Lee called the main barriers that prevent large players from investing in bitcoin, pointing to the underdeveloped infrastructure, as well as the size of the market itself, which, in his opinion, is "too small." […]

Stone Ridge, an asset management company, has filed an application with the US Securities and Exchange Commission (SEC) to launch a new investment product related to Bitcoin futures. According to the securities issue prospectus, the NYDIG Bitcoin Strategy Fund will earn income by investing in bitcoin futures. We are talking about contracts with payments in fiat currency, which are traded on […]

Confirming its intention to launch options on bitcoin, the Chicago Mercantile Exchange (CME Group) noted that it would not follow the path of a competitor in the form of the Bakkt platform and would refuse to trade deliverable futures. The director of alternative investment products CME Group Tim McCourt said this in an interview with Markets Media. “Since the launch of bitcoin futures in December 2017, our customers […]

LedgerX accused the U.S. Derivatives Exchange Commission (CFTC) of deliberately delaying the consideration of its bid to launch a Clearing Derivative Center (DCO), which would allow it to start trading in deliverable bitcoin futures. About this writes CoinDesk with reference to two letters to the Office of the Inspector General at the US Department of Justice. Letters verified by LedgerX were […]