Amun Launched Short Bitcoin ETP on Leading Swiss Exchange SIX

Swiss cryptocurrency financial firm Amun AG launched an Exchange Traded Product (ETP) giving investors inverse exposure to Bitcoin (BTC), called 21Shares Short Bitcoin (SBTC). As Cointelegraph Japan reported earlier today, Amun launched the derivative in question on Jan. 22 on Switzerland’s leading stock exchange, Six Swiss Exchange. The description of the product on the firm’s …

The Evolution of Bitcoin’s Technology Stack

Over the last 10 years, the Bitcoin ecosystem has attracted developers to dedicate thousands of hours to improve and revamp most of its underlying codebase. Yet, Bitcoin (BTC) is largely the same. The reason for this is that its core set of consensus rules that define its monetary properties, such as its algorithmic inflation and …

Blockchain Association Supports Telegram in Legal Battle With SEC

The Blockchain Association has filed an amicus curiae brief in response to litigation against Telegram initiated by the United States Securities and Exchange Commission (SEC). The Blockchain Association, a collective of advocates involved with the blockchain industry, filed an amicus curiae brief with the court of the Southern District of New York on Jan. 21. …

Binance’s Peer-to-Peer Merchant Program Goes Live

Earlier today, Binance announced the launch of its Peer-to-Peer (P2P) Merchant Program, a user-oriented fiat currency trading platform.   How the program works In the Jan. 21 press release, the crypto exchange cites increasing demand of global users and a need for higher liquidity as prods for the P2P creation. Binance CEO Changpeng Zhao said:  “In …

Six Major Central Banks to Collaborate on Digital Currency Research

The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland created a group with the Bank for International Settlements (BIS) to jointly research central bank digital currencies (CBDC). According to a press release published by the Bank of England on Jan. 21, the aforementioned institutions will share their experience with other …

CME’s Futures Options Sprinted Out of the Gate but a Marathon Lies Ahead

In the two years since it launched cash-settled Bitcoin futures, CME has firmly established itself as a leader in the regulated crypto derivatives space despite not always being the first to market. In December 2017, it launched regulated Bitcoin futures a week after rival exchange CBOE. However, it only took 15 months for CBOE to completely withdraw from the …