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The Treasury Department of the United Kingdom has proposed excluding unbacked crypto assets and derivatives from its plans for a digital securities sandbox.In a consultation paper released on July 11, HM Treasury said the regulatory sandboxes that will be established under the country’s Financial Services and Markets Act will provide
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Three Arrows Capital, which says it’s owed over $220 million by BlockFi, also protested that it wasn’t being given a chance to contest fraud allegations, while the SEC said proposed clauses to release BlockFi and its management were overly vague and broad. Original Source
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Quantum Leap went live on the testnet on Wednesday. If the Starknet community approves of the code change in a governance vote, the upgrade will be deployed to Starknet’s mainnet around July 13, according to a press release from StarkWare, the company behind Starknet. Original Source
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The settlement of the ETH/BTC ratio futures will be linked to the value of CME Group Ether futures final settlement price, divided by the corresponding CME Group Bitcoin futures final settlement price. On Thursday, June 29, the world’s leading derivatives platform CME Group announced plans to launch the ether/bitcoin (ETH/BTC) ratio
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"Historically, ether and bitcoin have been highly correlated; however, as the two assets have grown over time, market dynamics may affect the performance of one more than the other, creating relative value trading opportunities," Giovanni Vicioso, CME Group global head of cryptocurrency products said in a statement. “With the addition
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The head of the Swiss National Bank (SNB) has announced that the bank will launch a wholesale central bank digital currency (wCBDC) pilot project, according to a report. Reuters quoted bank chair Thomas Jordan as saying the project would begin “soon.” The wCBDC will be issued on the Swiss SIX digital
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“LUNC has limitless upside potential, and we want to help realize it by leveraging our skills to bring value to the blockchain and all its investors in order to accomplish a true revival of the ecosystem,” Samurai Six said.“We're here to provide value to the ecosystem on its road to
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Coinbase will work to become a “super-app” over the next 5 to 7 years. Coinbase CEO Brian Armstrong has not let the recent regulatory pressure from the US Securities and Exchange Commission (SEC), get to him. This follows after the SEC recently slammed the exchange with a damning lawsuit that has
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Digital assets custodian BitGo, will not be going forward with its planned acquisition of its rival crypto custody platform Prime Trust. BitGo announced the termination of the purchase of Prime Trust via Twitter on June 22. Although
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