CME CEO: Bitcoin Futures Could Launch in Mid-December

CME CEO: Bitcoin Futures Could Launch in Mid-December

CME Group chairman and CEO Terry Duffy has said that the planned bitcoin futures contract could launch by mid-December. At the end of October, Duffy revealed that the company had decided to introduce a bitcoin futures due to ‘increasing client interest…

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Israeli Digital Currency Startup Colu Eyes US$50M ICO To Boost Expansion

Israeli Digital Currency Startup Colu Eyes US$50M ICO To Boost Expansion

Colu, an Israeli startup offering localized digital currencies based on blockchain technology, is looking to raise US$50 million in an initial coin offering (ICO). Colu had already raised US$12 million in venture capital from Digital Currency Group, Sp…

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Lala World Raises US$2M Series A To Bring Blockchain To The Unbanked

Lala World Raises US$2M Series A To Bring Blockchain To The Unbanked

Lala World, a blockchain startup headquartered in Singapore, has raised US$2 million in a Series A funding round to bring cheaper and more efficient financial services to the unbanked. No details about the investors that participated in the round were …

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SEC Panel Debates the Merits of Bitcoin as a Store of Value

SEC Panel Debates the Merits of Bitcoin as a Store of Value

Late last week, The Securities and Exchange Commission Investor Advisory Committee held a public meeting that included a discussion regarding blockchains and other forms of distributed ledger technology in the context of securities markets. Throughout …

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Dan Morehead: Bitcoin Likely to Become Expected Part of Portfolios

Dan Morehead: Bitcoin Likely to Become Expected Part of Portfolios

Dan Morehead, the founder of Pantera Capital and chairman at Bitstamp, a major cryptocurrency exchange that accounts for around 13 percent of Bitcoin-to-USD trades on a daily basis, stated that bitcoin will likely become a rational and expected part of portfolios in the near future. At the Sohn investment conference in San Francisco, Morehead told […]

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Dan Morehead: Bitcoin Likely to Become Expected Part of Portfolios

Dan Morehead: Bitcoin Likely to Become Expected Part of Portfolios

Dan Morehead, the founder of Pantera Capital and chairman at Bitstamp, a major cryptocurrency exchange that accounts for around 13 percent of Bitcoin-to-USD trades on a daily basis, stated that bitcoin will likely become a rational and expected part of portfolios in the near future. At the Sohn investment conference in San Francisco, Morehead told […]

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Goldman Sachs is Considering a Bitcoin Trading Operation, but CEO Retains a Neutral Position on the Cryptocurrency

Goldman Sachs is Considering a Bitcoin Trading Operation, but CEO Retains a Neutral Position on the Cryptocurrency

Wall Street investment bank Goldman Sachs is thinking about launching a new trading operation, geared specifically toward bitcoin and other cryptocurrencies. According to the Wall Street Journal, the bank’s exploration into the trading of digital currencies is still in the ‘early stages.’ However, it added that the venture may not amount to anything. If it […]

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The Indian Government is Considering its Own Cryptocurrency

The Indian Government is Considering its Own Cryptocurrency

The Indian government is reportedly considering its own digital currency, similar to bitcoin. The central government of India has discussed the proposal with a committee of government officials, according to an unnamed source, reports the Business Standard. As India’s central bank believes that digital currencies are ‘susceptible to misuse’ the government is looking at a […]

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U.S. CFTC Files Charges Against NY Firm And CEO Over Alleged Bitcoin Ponzi Scheme

U.S. CFTC Files Charges Against NY Firm And CEO Over Alleged Bitcoin Ponzi Scheme

The U.S. Commodity Futures Trading Commission (CFTC) has filed a federal civil enforcement action against Gelfman Blueprint, Inc., a New York corporation, and Nicholas Gelfman, its CEO and head trader, charging them with fraud, misappropriation, and issuing false account statements in connection with solicited investments in bitcoin. According to the CFTC complaint, Gelfman Blueprint and […]

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Blockchain Proptech Startup Propy Raises US$15M; Strikes New Partnership

Blockchain Proptech Startup Propy Raises US$15M; Strikes New Partnership

Propy, a startup that’s building a global property store and a decentralized title registry powered by blockchain technology, has raised US$15 million through an initial coin offering (ICO) from more than 6,500 participants. Prior to the token sale, Propy had already secured US$2 million in pre-sale commitments. Investors in the startup include RenGen, an investment […]

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