Cryptocurrency News: Coinbase’s Futures Approval, Ether ETFs, Ripple Case Appeal, Singapore’s Stablecoin Regulations, and AI Legislation
Cryptocurrency exchange Coinbase has received approval from the United States National Futures Association to offer investments in crypto futures to eligible customers. The approval enables Coinbase to introduce Bitcoin (BTC) and Ether (ETH) futures contracts through its Commodity Futures Trading ...
Jurisdictional Uncertainty: SEC and CFTC Debate Ether’s Regulatory Classification
Ether would then fall under the jurisdiction of both the SEC and the U.S. Commodity Futures Trading Commission (CFTC). There is currently no certainty about ETH. CFTC representatives have repeatedly referred to ether as a commodity and stated that it is their agency that should regulate this cryp ...
Bitcoin Mining Difficulty Reaches New Record: 43.55 Trillion Hashes
The difficulty of mining the first cryptocurrency has been recalculated, and it has shown a 1.16% increase, reaching a new record of 43.55 trillion hashes. This new record makes Bitcoin mining more challenging and less profitable. Previously, on February 25, the difficulty of mining reached 43.05 ...
Bitcoin surges to $24,000 with launch of event-based contracts on CME
Bitcoin's Value Soars to $24,000 Following CME's Introduction of Event Contracts The Chicago Mercantile Exchange (CME) has made an announcement about the launch of event-driven futures contracts for Bitcoin. In addition, the concerns surrounding US banks have dissipated, leading to a 10% surge in ...