Monday, April 8, 2024

Cryptocurrency news

  • 5/6/24:   Retail trading platform Robinhood Markets said on Monday its U.S. cryptocurrency trading arm received a Wells notice from the United States Securities and Exchange Commission (SEC) on May 4.
  • 1/12/24: Cboe Global Markets (CBOE) successfully launches margined Bitcoin and Ether futures and completes its first margined Bitcoin futures trade
  • 12/29/23: India announced today that it plans to block crypto exchanges like Kraken and Binance, according to Bloomberg. Bitcoin's (-1.1%) downward momentum from yesterday seeping into today's price action, placing continuous selling pressure on many crypto-related stocks, many of which became overextended in recent trading ahead of SEC's spot ETF decision.
  • 6/29/23: CME Group announces plans to launch Ether/Bitcoin Ratio futures on July 31, pending regulatory review.
  • 6/5/23: Traders on Cboe Global Markets Inc.’s digital-asset exchange will soon be able to enter into margined Bitcoin and Ether futures contracts after the firm received a critical regulatory sign-off.  Cboe Digital is the only US-registered exchange that allows for both spot and derivatives trading of digital assets including Bitcoin, Bitcoin Cash, Ether, Litecoin and USDC. It also operates a clearinghouse.
  • 7/26/21:  Amazon posted a job for a digital-currency expert recently, saying in the description that the person will “own the vision and strategy for Amazon’s Digital Currency and Blockchain strategy.” Amazon may also launch its own “stablecoin,” or digital token pegged to a hard currency like the dollar.
  • 7/26/21: Goldman Sachs has filed for a DeFi and blockchain exchange-traded fund, according to a public filing.
  • 5/24/18: U.S. Justice Department launches criminal probe into bitcoin price manipulation.
  • 4/13/18:  Yahoo Japan (OTCPK:YAHOY) said it would buy a 40% stake in cryptocurrency exchange BitARG Exchange Tokyo. Services are planned for launch in the fall. The deal also comes after Japanese online brokerage firm Monex (OTCPK:MNXBY) announced last week that it would acquire hacked crypto exchange Coincheck for $34M.
  • 3/7/18:  Japan's Financial Services Agency punished seven cryptocurrency exchanges, ordering two of them to suspend business, just hours after a warning from the SEC that many online trading platforms must register with the agency. 
  • 3/7/18:  The Commodity Futures Trading Commission can legally classify and regulate cryptocurrencies as commodities, according to a new ruling from a federal judge that allowed a CFTC lawsuit against company Coin Drop Markets. Crypto legislation is still in its early stages in the U.S. and the federal government has held off from making any major rulings on regulation.
  • 1/8/17:  The Financial Industry Regulatory Authority (FINRA), the organization that regulates brokers, advisers and financial institutions in the United States, announced that it was going to focus on cryptocurrencies. 
  • 12/28/17:  South Korea said it was eyeing options including a potential shutdown of at least some cryptocurrency exchanges to stamp out a frenzy of speculation.  South Korea has been ground zero for a global surge in interest in bitcoin and other digital currencies as prices surged this year.  South Korea will require real-name cryptocurrency transactions and impose a ban on the offering of virtual accounts by banks to crypto-exchanges, according to a statement from the Office for Government Policy Coordination.
  • Ethereum has jumped 5,628% in 2017 from $8.03 on Dec. 31, 2016, and was at $459.99 Dec. 8, 2017. It surged as high as $464.99 early in the day.
  • 11/21/17 NY Times: Warning Signs About Another Giant Bitcoin Exchange (Bitfinex, and exhcange incorporated in the British Virgin Islands)
  • In other moves by financial companies to bring bitcoin to investors, on Sept. 6, 2017, CoinIRA, Goldco's digital currency unit, launched its new Digital IRA Bundles. The bundles, available in amounts of $25,000, $50,000 and $100,000, come prepackaged with digital currencies. Investors can choose from three portfolios based on their risk appetite: conservative, moderate or aggressive. The conservative bundle is made up of 50% Bitcoin, 41% Ethereum and 3% each in Ether classic, Litecoin and Ripple.
  • China banned initial coin offerings and trading in cryptocurrencies. (Sept 2017)
  • But many retailers are accepting Bitcoins as payment, including Microsoft, Target, Home Depot and Subway. And more uses are in the works.

No comments:

Post a Comment