The highly touted “Crypto Week” of July 14-18 — when Congress mulled over major legislation to kick-start the digital asset era for U.S. markets — was just the start of the Trump team’s push to have the United States dominate global crypto markets. Toward the end of last month, “The President’s Working Group on Digital… Read More >>
Digital Assets Will Spur Ops & Compliance Overhauls
Securities firms participating in cryptocurrencies, tokenization, decentralized finance (DeFi) systems, and other digital asset realms will have to rely less on external regulatory guardrails and more on their own proactive efforts as the Trump administration charts a new course for the regulation of digital asset environments. The marching orders for this rapid reversal of Biden-era… Read More >>
CME Completes First Transaction via Bitcoin Friday Futures
Derivatives exchanges company, CME Group, has completed its first transaction via its “new financially settled options on Bitcoin Friday futures” between Cumberland DRW and Galaxy and cleared by Marex, officials say. The block trade took place on Sunday, February 23. The CME has launched financially settled options on Bitcoin Friday futures to complement its existing… Read More >>