CBOE Joins the Queue, Files for ETF with United States SEC

etf

Adding to its resume of  Bitcoin assets, the Chicago Board Options Exchange recently filed to begin listing cryptocurrency ETFs to complement its Bitcoin futures contracts. As detailed by a laundry list of filings on CBOE’s website, the Chicago-based exchange has put forth a whopping 6 applications for ETFs this December. With the filings, the exchange is leveraging to list shares from…

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USA Luge Team to Accept Bitcoin in Preparation for 2022 Pyeongchang Olympics

winter olympics

Come 2022, the United States Olympic luge team will, in part, fund their endeavours with a financial asset as risky as the sport itself. The team is diving head first into Bitcoin, as it plans to accept the cryptocurrency to help fund its path to the 2022 Winter Olympics in Pyeongchang, South Korea. In a Medium blog post, the USA…

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Institutional Adoption Continues as NYSE Files for Bitcoin ETF Listings

nyse

The New York Stock Exchange recently filed with the United States Securities and Exchange Commission for the approval of two Bitcoin exchange-traded funds. Both offerings would be managed through ProShares, a leading provider of exchange-traded funds. If approved, the NYSE would list the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF. Back in September, ProShares itself filed with the SEC to…

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Estonia Reveals Plans for State-Sponsored Cryptocurrency, Estcoin

estonian flag

Estonia will join the likes of Venezuela and Russia as the next country to introduce its own national coin. Plans for estcoin began back in August as part of Estonia’s e-Residency. The program is an internet platform that allows Estonian citizens or non-nationals contribute to domestic businesses and tech sector growth. As detailed in a blog post by e-Residency managing director…

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Adoption on the Horizon: Swiss Banking Group Adds Four New Altcoins to its Trading Platform

horizon

This past Monday, the European online bank, Swissquote, announced that is would add four cryptocurrencies to its online trading service. Back in July, the Swiss banking group struck a partnership with Bitstamp, opening up EUR and USD trading pairs with Bitcoin for its clients. Bitstamp’s CEO Nejc Kodrič  hailed the partnership as, a leap forward in terms of integrating Bitcoin with…

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United States FCC Repeals Net Neutrality, Could Create Headaches for Crypto

net neutrality

On December 14th, the United States government opted to repeal rules that regulate internet service providers.  The regulations, known as net neutrality, prevent ISPs from controlling access to online services with discriminatory measures. In a 3-2 vote, the US Federal Communications Commission did away with the Obama-era regulations. The FCC during Obama’s presidential tenure voted to classify internet providers as Title…

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As Bitcoin Cools Down, Top 10 Alts Heat Up

thermometer heating up pointing to the sky

Following a bullish runup to a new all time high, bitcoin rebounded from its recent correction earlier this week. Riding the momentum of its Cboe futures debut, it rose from lows of $13,600 to as high as $17,600 over the past week, just $600 shy of transcending its all time high. Since this bounce, though, it has been relatively static, floating around…

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United States SEC Releases In-depth Statement on ICOs, Views Most as Securities

SEC sign on wall

In a lengthy December 11th statement, the Securities and Exchange Commission Chairman, Jay Clayton clarified a number of the SEC’s positions on ICOs and crypto in general. The statement gives the most detailed explanation to date on the SEC’s stance towards cryptocurrencies. Moreover, given the Trump administration’s relative disregard of blockchain technology, it’s given investors and developers the clearest indication…

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Bitcoin Platinum Unveiled as Scam

hooded person sat in front of laptop

A supposed upcoming bitcoin fork, bitcoin platinum, was revealed as a scam earlier this week by South Korean media outlets.  Originally reported by South Korea’s JoongAng, bitcoin platinum was allegedly devised by a South Korean teenager as a fraudulent project.  Most of the information surrounding the proposed fork surfaced from Twitter, an October 25th bitcoin talk forum, and bitcoin platinum’s…

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Japanese Internet Company GMO to Offer Bitcoin Salary Option

japanese yen bank not with bitcoin on top of it

The GMO Internet Group, the largest internet service provider in Japan, will begin offering a bitcoin salary option for its employees early next year. Come March of 2018, the whole of GMO’s 4,700+ employees will be able to receive a portion of their monthly payout in bitcoin.  Initially, the salary option will only be available to GMO Internet Co. Ltd.…

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