Coinbase wants to bring 24/5 perpetual futures trading on individual US stocks, with its proposed contracts now awaiting regulatory approval. Coinbase has applied to the Commodity Futures Trading Commission to list single-stock perpetual futures in the US, bringing a derivative product widely used in the crypto market to individual US equities. Read more
In crypto today, Singapore’s dtcpay welcomed SBI Group as a strategic investor, ECoinbase filed with the CFTC to bring single-stock perpetual futures to US traders, and Binance dismissed a report that ECB President Christine Lagarde interfered in its failed Greek crypto license bid. Dtcpay welcomes SBI Group as strategic investor in Series A expansion to … Read more
Former banking official sentenced to four years in prison for accepting $470,000 in cryptocurrency bribes and false letters of credit. A former Hong Kong bank official who falsely authenticated more than $1.6 billion in letters of credit was sentenced to four years in prison and ordered to repay more than $470,000 he received in cryptocurrency … Read more