A Billion People Will Be Using Cryptocurrency in 5 Years: Coinbase CEO

The world of money is revolutionizing in front of our eyes. Cryptocurrency is creating new paradigms for alternative payment systems and decentralized banking. There is no doubt that the user adoption of various cryptocurrencies is rapidly increasing. The cryptocurrency industry has become more fluid as the borders between it and mainstream finance continue to blur. …

Philippines Prepares to Regulate Cryptocurrency Exchanges as Trading Platforms

The head of the Philippines’ Securities and Exchange Commission (SEC) is targeting draft rules for domestic cryptocurrency exchanges within weeks ahead of finalizing regulations later this year. Cryptocurrency exchanges in the Philippines could soon operate as regulated trading platforms as authorities proactively seek to both protect investors and enable an inclusive ecosystem for cryptocurrencies to …

CBOE President Cautiously Hopeful on Bitcoin ETF Prospects Despite SEC Action

CBOE Global Markets Inc. could well become the first company to win approval for a bitcoin ETF, but whether that coveted accomplishment materializes remains to be seen. For his part, Chris Concannon, CBOE’s president and CEO, said that he is optimistic that the Securities and Exchange Commission will grant his wish, but he recognizes that …

CFA Exam Will Now Include Crypto Topics

Cryptocurrencies and blockchain technologies are making serious headway in the financial industry, the most recent sign being the decision by the CFA Institute, which offers the Chartered Financial Analyst designation, a three-level program, to include cryptocurrencies and blockchain to its Level I and II curriculums next year, according to Bloomberg. The material for the 2019 …

Goldman Sachs Will Launch a Bitcoin Trading Desk

Join our community of 10 000 traders on Hacked.com for just $39 per month. Goldman Sachs will launch a bitcoin trading desk, the investment banking giant confirmed on Wednesday. The New York Times reports that the firm, one of the largest financial institutions in the United States, is preparing to begin using its own funds …

Bitcoin Futures Post Record Daily Volume as Market Recovers

Join our community of 10 000 traders on Hacked.com for just $39 per month. Bitcoin futures volume reached an all-time high on Wednesday, peaking near a combined $670 million between regulated US exchanges CME and CBOE. On Chicago exchange CME, traders exchange more than 11,000 contracts, worth an equivalent 56,010 BTC. According to CME’s Bitcoin Reference …

Regional US Bank Latest to Admit Cryptocurrency is Threat to Business Model

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Another US bank has listed cryptocurrency as a threat to its business model, public documents show. Regional banking institution WesBanco disclosed in its most recent annual report dated Feb. 27 and filed with the Securities and Exchange Commission (SEC) that the advent …

The Public Will Decide Cryptocurrencies’ Future: Malaysia’s Central Bank

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The head of Malaysia’s central bank has firmly stated that the fate of cryptocurrencies in the country depends on the public adopting them, adding it would neither ban nor recognize cryptocurrency. Speaking at the 40th-anniversary dinner of the Harvard Business School Alumni …