Paxos Digital Trust announced today that Instinet and Credit Suisse had settled post-11 a.m. equity transactions via its T+0 (same day) settlement system. Paxos said it plans to apply to the SEC this year to offer the service publicly.
Will transforming hemp-based CBD into mildly psychoaffective Delta-8 THC save industrial hemp production? It’s complicated.
The common wisdom is that a person does not get high smoking industrial hemp leaves, stems or flowers. We have been following news reports, including those from PanXchange’s monthly benchmark reports, about the growing interest in smokable hemp flower.
Day One of the Eurex Derivatives Forum, held this week on Tuesday and Wednesday, offered a discussion of German developments in blockchain innovation. Germany has implemented not only detailed legislation on custody of cryptocurrencies and digital assets but has also recently adopted a law allowing electronic issuance of securities, including on blockchain.
On Friday the CFTC announced that it had settled charges against Coinbase for, among other things, allowing an employee to wash trades. In a perhaps unrelated development, the company is reportedly pushing back its listing on Nasdaq until next month.
Digital asset trading platform Coinbase took a $6.5 million hit on Friday when the Commodity Futures Trading Commission announced it had settled charges against the firm. The agency charged Coinbase with “reckless false, misleading, or inaccurate reporting as well as wash trading.”
With bitcoin priced well above $50K, the market dominating supplier of ASIC (application-specific integrated circuit) miners Bitmain has received an order for 24,000 of its newest model Antminers from The9, an internet gaming company.
In a one-on-one discussion with FIA President Walt Lukken on Thursday, Acting CFTC Rostin Behnam talked about the commission’s new Climate Risk Unit, saying the unit will let the commission pivot its attention away from the broader concerns about the effects of climate change on financial markets raised in last year’s report from the CFTC’s Market Risk Advisory Committee to a focus on derivatives’ role in smoothing the transition to zero carbon emissions by 2050.