The UK-based crypto firms now included under the new policy’s umbrella will be obliged to submit financial crime reports by the date specified by the FCA. The regulator first announced that these plans were taking shape in August last year, and stated that the upcoming policy was being refined in an attempt to take on…
Read more
Reports have found that an average of 13.8K contracts in CME Bitcoin futures, which are equivalent to around 69K bitcoin, have been traded on a daily basis as of March 2021. Additionally, the recently launched CME Ether futures has witnessed trades of 767 contracts (the equivalent of 38.4K ether) on average per day since it…
Read more
The CFTC said: While Reynolds represented that he would return all bitcoin deposits to customers of Control-Finance by late October 2017, he never did and instead retained the deposits for his own personal use. Customers lost most or all of their bitcoin deposits as a result of the scheme. The watchdog service found that Control-Finance…
Read more
In January 2021, Igbara started to post videos offering to buy Bitcoin from his followers for prices around 3.5% to 5% above market value, justifying his generous offering by claiming that standard Bitcoin exchanges had limited the amount of the cryptocurrency he was able to purchase. To reassure victims of their transaction legitimacy, Igbara would…
Read more
Environmental Backlash As the network expands, the time for analysing it also grow and with it, its energy consumption. According to the Cambridge Centre for Alternative Finance, Bitcoin currently consumes approximately 121.36 terawatt-hours (TWh) a year. This number is higher than the energy consumption of Argentina (121 TWh), the Netherlands (108.8 TWh), and the United…
Read more
Reporting firms, including Crypto Facilities Ltd and CoinMarketCap OpCo, LLC, gained access to Coinbase’s transactional information through its Application Programming Interface. At the same time, the NYSE Bitcoin Index received it directly in transmissions from Coinbase. The order found that this may have resulted in a misleading, inaccurate, or false perceived volume and liquidity level…
Read more
CAPEX.com’s crypto offer includes: Bitcoin Cash Bitcoin Spot Ethereum USD Ethereum EUR Litecoin USD Litecoin EUR Ripple Wasim Zayed, the Executive Director at Key Way Investments Ltd, the company operating CAPEX.com under its CySEC regulation, commented: Educating our clients sits at the heart of our strategy. We've always been bound to rendering the best knowledge…
Read more
Kraus added: Central clearing of the products significantly reduces the settlement risks and thus enables many professional investors to invest in crypto products. All clearing is set to be dealt with by Deutsche Börse Group's central counterparty, Eurex Clearing. Deutsche Börse launched the world's first centrally cleared Bitcoin ETN on Xetra back in June 2020,…
Read more
Richard Lane, co-founder of Aquarius, commented: We are delighted to welcome CQG as a key go-to-market partner. We are soon to close our series A investment round at the end of March 2021, and this agreement marks another important milestone for Aquarius, enabling us to realise our ambition to launch and grow a fairer trading…
Read more
There was a stream of updates noting that the team was working to fix the issue stayed down until Wednesday morning. The episode of systemic failure was not the first, just the previous day on 22 February there and another one occurred in mid-January. They were resolved swiftly by the company, just in a few…
Read more