This approval is roughly six months after the SEC said yes to the first crypto assets in January 2024 when it gave the green light to nine bitcoin spot ETFs. Based on Reuters information, it took about 10 years for them to obtain the go-ahead as the SEC consistently maintained that digital currencies posed too…
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He added: With the addition of Ether/Bitcoin Ratio futures, investors will be able to capture ether and bitcoin exposure in a single trade, without needing to take a directional view. This new contract will help create opportunities for a broad array of clients looking to hedge positions or execute other trading strategies, all in an…
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Bogucki added: The smaller contract sizes will give investors and traders greater flexibility in managing their exposure to the two biggest cryptocurrencies in the world, opening the market up to new participants. Galaxy Digital is excited to act as a liquidity provider for these options and other CME Group cryptocurrency products. Derek Devens, Senior Portfolio…
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BBVA services stretch across Latin American countries, where investors have extensive interest in all kinds of digital assets, as well as in Europe and Turkey. The company noted in its official announcement that it plans to continue the expansion of its portfolio of digital assets in the coming months. The new BBVA service is currently…
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He allegedly engaged in various efforts to conceal his misconduct – he misrepresenting his trading profitability and the amount of assets he had under management, misappropriated customer funds, and issuing false performance statements. The complaint stated that Spence eventually admitted to his customers that he had engaged in “lies and deceit.” Acting Director of Enforcement…
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Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products, said: Based on increasing client demand and robust growth in our Bitcoin futures and options markets, we believe the addition of Ether futures will provide our clients with a valuable tool to trade and hedge this growing cryptocurrency. Ethereum is the second-largest…
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Multi-asset liquidity and prime-of-prime service provider Advanced Markets Group just announced that it has added cryptocurrency CFDs to its expansive suite of tradeable products. The company's CFD offering now includes trading in Bitcoin, Bitcoin Cash, Ether, Ripple, EOS, NEO, Stellar and Litecoin, providing clients with direct access to diverse and exciting new markets. LeapRate reminds…
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Initial Coin Offerings (ICOs) have gotten a bad reputation due to rampant fraud and the lack of transparency. Regulators, in their attempt to protect unsuspecting investors, have launched attacks to classify all cryptocurrencies, with the exception of Bitcoin and Ether, as securities and thereby subject to more stringent registration and disclosure requirments. The SEC has…
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The digital wallet provider and part of the Paysafe Group (LON:PAYS), Skrill, has announced that it is now offering its customers the opportunity to instantly buy and sell cryptocurrencies, including Bitcoin, Bitcoin Cash, Ether and Litecoin, using any one of the 40+ fiat currencies available in the Skrill wallet. All customers need to do is log…
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The European Securities and Markets Authority (ESMA), the European Banking Authority (EBA) and the European Insurance and Occupational Pensions Authority (EIOPA) (hereafter referred to as ‘the three ESAs’) are warning consumers on the high risks of buying and/or holding so-called Virtual Currencies (VCs). The VCs currently available are a digital representation of value that is…
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