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Demand for Crypto Derivatives Swells as CME’s Bitcoin Volume Rises


The global markets company Chicago Mercantile Exchange (CME) has seen considerable demand since launching its options contracts in the wake of the firm’s bitcoin futures. On the first day of swaps, CME’s bitcoin options saw 55 contracts ($2.3 million). By the end of the week,...

Crypto News Roundup for Jan. 22, 2020


Join CoinDesk Podcast Editor Adam B. Levine and Senior Markets Reporter Brad Keoun for a daily, time saving rundown of top news impacting crypto markets today

Crypto Derivatives Market Might be 'Double the Size' of Spot Market in 2020


Should interest in spot trading wanes, this year will see crypto derivatives rising, with futures and options contracts taking a larger market share, estimates TokenInsight, a token data and rating agency. Also, competition for institutional clients might force exchanges to lower fees, they added....

RBI vs. Crypto: Day 3 at the Supreme Court of India


Based on a directive circulated by the Reserve Bank of India (RBI), cryptocurrency has long been considered banned in India. Well, not anymore. In a surprising turn of events, on Day 2 of the hearing, the central bank responded to a writ petition filed by the Internet and Mobile Association...

Binance to Fuel Competition in P2P Crypto Trading Market


Major crypto exchange Binance now aims to find more merchants for its a peer-to-peer (P2P) crypto trading platform in an attempt to meet “growing demand.” The company launched a global peer-to-peer (P2P) merchant program, encouraging merchants to use the exchange as a way of providing payments...

Vodafone Becomes 8th Company to Exit Libra Association


After a spate of big names parting ways with the Libra Association late last year such as Paypal, Visa, Mastercard, and Ebay, British telecommunications giant Vodafone has become the latest to bid the ambitious digital asset project farewell. While Vodafone’s statement notes it does not rule...

Uzbekistan Prepares Crypto Tax Exemptions, Launches Licensed Exchange


A new presidential decree in Uzbekistan envisages the introduction of tax exemptions for income obtained from operations involving crypto assets. The draft document published recently also incorporates proposals for the establishment of a blockchain valley and licensing regime for cryptocurrency...

Why User Experience Is Crypto’s True ‘Killer App’


There’s been a lot of buzz in the space recently about the importance of user experience. Kim Dotcom’s proclamation that “Mass utility is going to lead to mass adoption,” speaks to this. Peter Schiff’s bitcoin wallet fiasco, CZ’s claim that centralized exchanges...

UK Tax Agency to Pay $100K for Blockchain Surveillance Software


On January 17, the UK tax agency Her Majesty’s Revenue and Customs (HMRC) published a job opportunity for a private contractor to design a cryptocurrency blockchain analysis tool. According to the listing, the contract is for one year and HMRC will pay the contractor $100,000 for software...

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