Futures exchange CME considers brokerage, taking cue from crypto rival FTX

CME Group Inc. criticized cryptocurrency exchange FTX’s plan to eliminate middlemen in futures markets. Now, the Chicago trading giant is taking a step in the same direction. In August, CME ECM, -0.86% filed documents to register a futures commission trader, or FCM, in essence, an intermediary that would allow investors to buy and sell futures … Read more

A GOP takeover of the House could be a boon for crypto legislation

With polls indicating that Republicans will at least take control of the House of Representatives after the US election in November, the common view in Washington is that a divided government will lead to the passing of insignificant laws over the next two years. While Democrats and the GOP are unlikely to reach agreement on … Read more

Investec’s Ruth Leas on ‘fiercely guarding’ family time: ‘I’ve never missed a sports day’

Ruth Leas admits that her first year as CEO of Investec Bank was a challenge. She assumed responsibility just four months before the UK entered its first Covid block and the same year the bank initiated an overhaul that cut hundreds of jobs, although rivals suspended restructuring programs during the year. pandemic. Leas has been … Read more

A massive crypto event is coming — five things to know about ‘The Merge’

The cryptocurrency industry will closely follow Ethereum’s “Merge”, a highly anticipated update that is expected to take place in September. If successful, the upgrade is expected to reduce the carbon footprint of the blockchain by reducing the supply of aether and potentially have a profound impact on the entire crypto ecosystem. What is the ethereum … Read more

El Salvador is not a crypto paradise. It’s a warning

For those who believe in bitcoin, El Salvador looks like a crypto paradise. It’s one of the few places in the world where you can use bitcoin to buy a Coke or cerveza on the beach. In theory, you can pay rent in bitcoin, buy a house, pay off a credit card, or send a … Read more

Ex-watchdog chief calls his £10bn Binance lawsuit a ‘wake-up call’ for crypto bosses

It’s the first ever claim of a crypto competition from Britain – and former watchdog chief Lord David Currie has seen few such cases. Binance and three other cryptocurrency exchanges, Kraken, Bittylicious and Shapeshift, are accused of colluding to remove the BSV cryptocurrency in 2019. Lord David Currie sued them for nearly £ 9.9 billion … Read more