CME Group Announces Plans to Launch ETH to BTC Ratio Futures
Derivatives exchange CME Group plans to launch ether/bitcoin (ETH/BTC) ratio futures on July 31, if approved by regulators, the company announced Thursday.Source
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Fidelity Refiles For Spot Bitcoin ETF
Asset manager Fidelity filed paperwork TK WHEN with the Securities and Exchange Commission (SEC) for a spot bitcoin exchange-traded fund (ETF) which will be traded under the name TK.Source
Canadian ETF Issuer 3iQ to Work With Coinbase to Offer ETH Staking in Its Funds
Toronto-based digital asset manager 3iQ will start offering ether (ETH) staking in its Ether Fund and Ether ETF, making it the first ETF issuer in North America to allow for this investment strategy, the company announced Wednesday. The feature will be available on or about Aug. 28.Source
Stablecoin Wallet Rpay Secures License from OFAC to Continue Operating in Venezuela
The approval does not absolve Rpay of its compliance duties, but does eliminate the growing compliance risk, the company said.Source
Polygon 2.0 Roadmap Calls for ‘Unified Liquidity,’ Restaking, New Chains on Demand
The new Ethereum scaling solution’s architecture will include a shared bridge and a “coordination layer” that connects all of Polygon’s chains, including an emphasis on zero-knowledge technology that has become one of this year’s hottest blockchain trends.Source
Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg
The expansion would be the private bank’s first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020.Source
Gary Vaynerchuk-Backed Candy Digital and Web3 Production Company Palm NFT Studio Announce Merger
Working together under the Candy Digital name, the two startups will bring their digital experiences within sports, entertainment, arts and culture across major brands including MLB, NASCAR, Netflix and more.Source
Gary Gensler Failed the U.S. Crypto Industry, and So Has Congress
As long as he keeps following the “one over nine” rule, the U.S. Securities and Exchange Commission will ruin crypto summer.Source
Binance’s Market Share Fell Further in June
The crypto exchange still remains the world’s largest by a significant proportion.Source