Cryptocurrency Analysis and News Portal
U.S. lawmakers have set a hearing to examine the potential can of worms opened by cryptocurrency trading platform FTX when it applied with the Commodity Futures Trading Commission (CFTC) to directly clear its customers’ margin-backed swaps transactions. Original Source
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The decision by Goldman Sachs to deal with ETPs comes following a recent survey that involved over 150 family offices that the bank does business with.Goldman Sachs is now settling and clearing crypto-linked Exchange Traded Products (ETPs) for its European hedge fund clients. It has been revealed by sources familiar
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After dropping 13% yesterday, bitcoin is once again on the ascent. Meanwhile, Janet Yellen has offered a more nuanced view of crypto and small Ethereum mining pools are organizing a campaign against a potential network upgrade.Top shelfMiners revolt!Eight Ethereum mining pools amounting to around 30% of the network’s hash power
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“Putting our members’ interests first is our top priority at SoFi,” he said. “That includes both offering individuals the products they want, like cryptocurrency within SoFi Invest, as well as protecting them, through a solid regulatory framework like that created by the New York State Department of Financial Services.” Source
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The Winklevoss brothers-led Gemini crypto exchange has introduced its new clearing and settlement product Gemini Clearing.No OTC desk on GeminiGemini announced the new clearing and settlement solution in a blog post on Sept. 5, explaining that the Gemini Clearing allows traders to negotiate off-exchange or over-the-counter (OTC) crypto trades
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