Tag: Derivatives

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South Korean Presidential Committee Recommends Allowing Bitcoin Derivatives

A South Korean presidential committee has reportedly recommended that the government allow the development of cryptocurrency derivatives in the country. The South Korean Presidential Committee on the Fourth Industrial Revolution (PCFIR) has recommended the government to allow financial institutions to launch cryptocurrency-based financial products. Local English-language news outlet BusinessKorea reported on Jan. 6 that the…
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BitMEX Ends Year With Additional 13K BTC in Its Insurance Fund, Up 61%

BitMEX’s insurance fund now holds nearly 0.2% of all Bitcoin in circulation after growing 61% in 2019, but what exactly is it for? The BitMEX Insurance Fund has added nearly 13,000 BTC in 2019, reaching a total of just over 33,491 BTC as of Dec. 30. This is equivalent to 0.19% of the total Bitcoin…
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Binance Makes Strategic Investment in Crypto Derivatives Exchange FTX

Binance has made a strategic investment in Alameda Research-backed crypto derivatives exchange FTX. Binance, the second-largest crypto exchange by daily traded volume, has made a strategic investment in crypto derivatives exchange FTX. According to a Dec. 20 announcement, Binance has made both an equity investment in FTX and is taking a long term position in…
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French-Regulated Napoleon Bitcoin Fund Linked to CME Futures

Paris-based asset management firm Napoleon AM announced the launch of a regulated Bitcoin fund, the Napoleon Bitcoin Fund. Paris-based asset management firm Napoleon AM announced the launch of a regulated Bitcoin (BTC) fund, the Napoleon Bitcoin Fund. The company announced in a press release that the fund was created on Nov. 8 and is a…
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Binance Futures Hits $2.7B All-Time High as Firm Adds Futures on iOS

Major cryptocurrency exchange Binance now supports Bitcoin and Ether futures trading on its new iOS app. Binance, the second-biggest cryptocurrency exchange by daily trading volume at press time, now supports Bitcoin (BTC) futures trading on its new iOS app. After Binance initially launched its two futures testnet platforms on Sept. 2, the exchange now allows…
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Cryptocurrency Exchange OKEx to Launch Options Trading This Month

Malta-based cryptocurrency exchange OKEx announced that it will launch crypto options trading on Dec. 27. Malta-based cryptocurrency exchange OKEx announced that it will launch crypto options trading on Dec. 27. In a press release on Dec. 9, the exchange said that the addition of options makes OKEx the “first crypto exchange to offer C2C, spot,…
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Former Morgan Stanley Developers Launch Crypto Derivatives Exchange

Eight former core developers from Morgan Stanley announced the launch of the Singapore-based Phemex, a new cryptocurrency derivatives trading platform. Eight former core developers from financial services company Morgan Stanley have launched Phemex, a new cryptocurrency derivatives trading platform, in Singapore. In a press release shared with Cointelegraph on Dec. 4, the former Morgan Stanley…
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JPMorgan Automates Derivatives Margin Payments With Blockchain Tech

JPMorgan partnered with fintech startup Baton Systems to enable the real-time movement of cash and collateral transfers using blockchain. Major global investment bank JPMorgan has developed a new blockchain-based solution for derivatives designed to speed up cash and collateral transfers. The tool was developed in partnership with California-based fintech firm Baton Systems and aims to…
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Crypto Ranking Website CoinGecko Launches Derivatives Section

Crypto market aggregator CoinGecko announces that it is launching its own cryptocurrency derivatives section. CoinGecko announced that it is launching its own cryptocurrency derivatives section. In a press release shared with Cointelegraph on Oct. 29, the data aggregator said that its new derivatives section will offer additional stats so users can track more than 100…
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