‘We’re Deep at Work’ on Bitcoin: German Stock Exchange Deutsche Boerse

German stock exchange operator Deutsche Boerse is “deep at work” on evaluating whether to offer bitcoin futures and other cryptocurrency-related products, one of the firm’s top executives said on Wednesday. Speaking at an industry even in London sponsored by the Association for Financial Markets, Deutsche Boerse head of clients Jeffrey Tessler said that the firm

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CFTC Issues New Guidance on Cryptocurrency Derivatives

The top US markets regulator has issued new guidance to exchanges and other trading platforms that are interested in listing bitcoin futures and other cryptocurrency derivatives products. The Commodity Futures Trading Commission (CFTC) released this new guidance on Monday, providing exchanges with a set of best practices to follow as they develop and launch these

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We’re ‘Looking into’ Cryptocurrencies: JPMorgan Co-President

Multinational investment banking JPMorgan is “looking into” cryptocurrencies, company co-president Daniel Pinto said. Pinto made this revelation during a wide-ranging interview with CNBC, explaining that although the firm is not optimistic about cryptocurrency in its current incarnation, it believes this technology will “play a role” in the financial system moving forward. He said: “We are

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Ethereum Futures Launch on Regulated UK Trading Platform

The world’s first regulated ethereum futures will soon begin trading on UK cryptocurrency trading platform Crypto Facilities. The London-based firm — which is regulated by the Financial Conduct Authority (FCA) — on Friday announced that it will list an ethereum futures contract, providing institutional investors with the ability to go long or short on the

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Trading Giant Virtu Financial Will Make Markets in ‘Physical Bitcoin’ Once It’s More Regulated

High-frequency trading firm Virtu Financial plans to become a major market maker in the cryptocurrency spot markets once the asset class becomes more regulated, the firm said on Friday. Virtu CEO Douglas Cifu made this revelation during a question-and-answer session at the end of the company’s first-quarter earnings call. Responding to a question from a

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$670 Million: Bitcoin Futures Post Record Daily Volume as Market Recovers

Bitcoin futures volume reached an all-time high on Wednesday, peaking near a combined $670 million between regulated US exchanges CME and CBOE. On Chicago exchange CME, traders exchange more than 11,000 contracts, worth an equivalent 56,010 BTC. According to CME’s Bitcoin Reference Rate (BRR) for April 25, those contracts equate to more than $497 million in

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People Trust Satoshi Nakamoto More than US Federal Reserve: NYSE Owner

International Exchange Inc. (ICE), the owner and operator of the New York Stock Exchange (NYSE) is keeping an eye on the nascent cryptocurrency trading markets. Speaking with Bloomberg, Jeffrey Sprecher, ICE’s chief executive, said that it is imprudent to discount cryptocurrencies and that he won’t rule out the possibility of launching cryptocurrency future contracts on

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SEC Quietly Puts Bitcoin ETF Proposals Back on the Table

The US Securities and Exchange Commission (SEC) has quietly begun considering two Bitcoin ETF proposals, public documents show. According to SEC documents dated March 23, the agency has instituted formal proceedings to determine whether to approve a rule change that would allow NYSE Arca to list two exchange-traded funds (ETFs) proposed by fund provider ProShares.

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OKEx Denies Responsibility for Bitcoin Price Crash on Futures Exchange

Cryptocurrency exchange giant OKEx is pushing back against allegations that it is responsible for market manipulation that caused the Bitcoin price to crash below $5,000 on its futures exchange last week. In a statement released Wednesday, the Hong Kong-based exchange denied allegations that it had actively manipulated the futures markets to liquidate the positions of

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Bitcoin Futures the Beginning of a New Derivatives Class: Wedbush Securities Director

Less than three months have passed since the first Bitcoin futures contracts exchanges hands on a regulated US exchange, but one industry veteran says that his clients are already clamoring for more cryptocurrency derivatives. Bitcoin Futures the Beginning of a New Derivatives Class: Wedbush Securities Director Bob Fitzsimmons, who spent decades in the trading pits

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