FTX.US Derivatives Seeks CFTC Approval to Clear Margin Trades Directly for Customers
The company says the change would allow customers to transparently assess and respond to derivatives risk in real time. Source
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Trades
Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades – Markets and Prices Bitcoin News
According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tether’s fourth most traded fiat-denominated pair globally excluding two crypto assets. Report Highlights Russian
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Bitcoin Option Traders Seem Doubtful At Entering Directional Trades
Data from Bitcoin options shows that crypto traders are currently selling out and uncertain about entering directional bets on the coin’s future transactions. This is the highest occurrence of this kind of investors’ sentiments on the coin since last year May, when more than 50% of Bitcoin’s value declined. Arcane Research’s
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BofA Says Bitcoin Trades More as Risk Asset, Less as Inflation Hedge
Bitcoin's volatile price means it is unlikely to be adopted as an inflation hedge by investors in developed countries. Original Source
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Asian Development Bank to use blockchain for cross-border trades
Philippines-based Asian Development Bank (ADB) has launched a blockchain project to make cross-border securities transactions in Asia-Pacific more efficient. Fast facts The regional development bank of 68 member countries is aiming to use blockchain to directly connect central banks and securities depositories in the Association of Southeast Asian Nations region plus Japan,
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Fed’s Outgoing Vice Chair Richard Clarida’s ‘Rebalancing’ Trades Ignite Fed Trading Ethics Scandal – Economics Bitcoin News
Members of the U.S. Federal Reserve are getting criticized this week after the central bank published its minutes report from the policy meeting on December 14-15. Following the update, the outgoing vice chair of the Federal Reserve’s trading activities has reignited ethics conversations. Richard Clarida’s Trades Under Scrutiny The U.S. central bank
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Crypto trades in Thailand now reportedly subject to 15% capital gains tax
The government of Thailand is progressing in regulating the local cryptocurrency ecosystem by reportedly enacting new tax rules for the industry.Profits from crypto trading in Thailand are now subject to a 15% capital gains tax, The Bangkok Post news agency reported Thursday.The Thai Revenue Department also plans to step up
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