Posts written by Thom Thompson

FIA Boca-V: Eurex To List Futures Tied to German Bitcoin ETN

FIA Boca-V: Eurex To List Futures Tied to German Bitcoin ETN

Eurex CEO Michael Peters on Wednesday told this year’s FIA Boca-V attendees that Eurex will launch a futures contract on a bitcoin ETN, an instrument that trades on Deutsche Boerse’s Xetra platform. Peters nodded to the example of other Eurex derivatives based on ETNs, mentioning specifically its gold ETN futures, but offering no launch date or other details on the bitcoin product. 

Coinbase

Coinbase

With the date of its direct listing on Nasdaq still ahead of it and the publication of its draft prospectus behind it, Coinbase today registered almost 115 million shares to be included in the sale.

Ledger

Ledger

Known for its popular hardware wallets, Ledger is doubling the size of its team working on its institutional offering, the multicurrency custody software called Vault. 

OSL

OSL

Cryptocurrency trading platform OSL said today that Hong Kong’s first fully regulated transaction in digital assets took place on its platform. OSL offers services to institutions and professional traders.

CFTC

CFTC

The CFTC reportedly is investigating Binance for allowing U.S. residents to access cryptocurrency derivatives trading on its platform. Binance says its controls prevent that from happening.

CrossTower

CrossTower

In addition to launching a cryptocurrency investment fund at the beginning of the month and hiring additional senior staff, CrossTower says it had record cryptocurrency trading volumes on its platform in February.

PayPal

PayPal

Electronic payments provider PayPal, which has seen a rapid rise in cryptocurrency business, announced its acquisition of Curv. The Tel Aviv company offers cloud-based wallets, avoiding hot and cold storage.

John McAfee

John McAfee

Cybersecurity expert John McAfee was charged in the CFTC’s first cryptocurrency manipulation case for pumping and dumping Dogecoin and Verge. Arrested as a fugitive in Spain last year, he also faces federal criminal charges.

BitGo

BitGo

Six months after applying for a custodian license in New York, BitGo New York Trust is now able to hold cryptocurrency in custody for New York businesses.

ETF

ETF

Yesterday a bitcoin ETF was formally submitted by Cboe to the SEC for approval yesterday, starting a 45-day approval/disapproval clock for potentially the first American bitcoin ETF. 

Reserve Bank of India

Reserve Bank of India

The Reserve Bank of India, India’s central bank, says that it is “imperative” for it to be ready to launch a central bank digital currency, which “can bring about a sea change in payment transactions.” 

Cannabis to Face Big Policy Issues in 2021

Cannabis to Face Big Policy Issues in 2021

February was a quiet news month for industrial hemp, giving us a little time to think about some of the structural issues facing the industry. Per usual, PanXchange’s monthly Benchmarks & Analysis report provided a good launching pad.  

Kraken

Kraken

Cryptocurrency trading platform Kraken is raising new money at a company valuation of $10 billion in the shadow of Coinbase’s $100 billion recent market valuations.

Thom Thompson

Thom Thompson

Editor

MarketsWiki Profile

Thom Thompson is a derivatives specialist who has worked in product design, business development and regulatory roles for the CFTC, the Chicago Board of TradeThe Clearing CorporationSwiss ExchangeEurex and Eurex Clearing.

Pin It on Pinterest