Cointelegraph By Turner Wright
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CME Group plans to launch options on ETH futures prior to the Merge
Cointelegraph By Turner Wright - 0
Major derivatives marketplace Chicago Mercantile Exchange Group intends to launch options trading for its Ether (ETH) futures products.In a Thursday announcement, the CME Group said that subject to regulatory review, it plans to launch options contracts for its Ether futures, sized at 50 ETH per contract. The futures options, expected...
US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption
Cointelegraph By Turner Wright - 0
Four members of the United States House of Representatives from the Energy and Commerce Committee have demanded answers from four major crypto mining firms in regards to the potential effects of their energy consumption on the environment.In letters dated Wednesday to Core Scientific, Marathon Digital Holdings, Riot Blockchain,...
56% of banks say DLT and crypto are ‘not a priority’ in near future — Fed survey
Cointelegraph By Turner Wright - 0
A survey conducted by the Federal Reserve Board of the United States suggested that the majority of officials at major banks did not consider crypto-related products and services a priority in the near future.According to the results of a Fed survey released on Friday, more than 56% of...
SEC commissioner Allison Lee departs, readying financial regulator for Jaime Lizárraga
Cointelegraph By Turner Wright - 0
Allison Herren Lee, one of five members of the United States Securities and Exchange Commission’s board, has officially left the regulatory body after more than three years as a commissioner.In a Friday announcement, chair Gary Gensler and commissioners Hester Peirce, Mark Uyeda, and Caroline Crenshaw said Lee had...
Vladimir Putin signs bill banning digital assets as payments into law
Cointelegraph By Turner Wright - 0
Russian President Vladimir Putin has signed a bill into law prohibiting digital financial assets as payments more than a month after it was introduced to the country’s lower chamber of Parliament.In a Thursday update, the Russian State Duma noted that Putin signed a bill suspending certain parts of...
CleanSpark scoops up 1K+ mining rigs at ‘substantially discounted price’
Cointelegraph By Turner Wright - 0
Crypto mining firm CleanSpark announced the purchase of more than 1,000 Bitcoin miners amid the market downturn, reporting a “substantially discounted price” compared to that earlier in 2022.In a Thursday blog spot, CleanSpark said it had acquired 1,061 Whatsminer M30S rigs currently mining Bitcoin (BTC) at the Coinmint...
UK financial watchdog exec hints at importance of international collaboration on crypto regulation
Cointelegraph By Turner Wright - 0
The chief executive of the United Kingdom’s Financial Conduct Authority, or FCA, said the U.K. government will be working with its counterparts in the United States to address a regulatory framework for cryptocurrencies. In a speech for the Peterson Institute for International Economics on Thursday, FCA chief executive Nikhil...
The Treasury Committee of the United Kingdom’s House of Commons has called on the public to submit evidence related to the role of crypto’s risks and opportunities.In a Tuesday notice, the committee said it had opened an inquiry allowing people to write in about the role of crypto...
US Senate confirms Michael Barr as Fed vice chair for supervision
Cointelegraph By Turner Wright - 0
The United States Senate has confirmed the nomination of law professor Michael Barr to become the next vice chair for supervision for the Federal Reserve.In a 66-28 vote on the Senate floor on Wednesday, U.S. lawmakers confirmed Barr as vice chair for supervision of the Federal Reserve System...
According to a Tuesday notice from U.K. law firm Giambrone & Partners, a case brought by Fabrizio D’Aloia against Binance Holdings, Poloniex, gate.io, OKX, and Bitkub over allegations someone was operating a fraudulent clone online brokerage has resulted in a legal precedent offering a digital solution to serving...