Financial Industry News
A London-based subsidiary of cryptocurrency exchange Kraken has been given consent to operate its derivatives platform by the U.K.’s financial regulator. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of […]
Continue ReadingCF Benchmarks has become the first cryptocurrency index provider to be recognized as a Benchmark Administrator under the European Benchmarks Regulation (EU BMR). The U.K.’s Financial Conduct Authority (FCA) authorized CF Benchmarks as an administrator on Friday, affirming that financial institutions can use the company’s indices in any European financial products after the BMR takes […]
Continue ReadingMarket data from the Winklevoss twins-founded crypto exchange Gemini is being added to eight crypto indices offered by CF Benchmarks. Formerly called Crypto Facilities, CF Benchmarks’ eight reference products include four indices and reference rates provided for CME Group, which currently offers a bitcoin futures product: the CME CF Bitcoin Reference Rate and CME CF Bitcoin Real […]
Continue ReadingIt’s not just bitcoin futures products that are becoming popular with investors, at least according to one U.K.-based crypto derivatives provider. Crypto Facilities, a subsidiary of the San Francisco-based exchange Kraken that provides bitcoin and ether reference data for CME Group and has offered its own derivatives products for years, has seen trading volume in […]
Continue ReadingCryptocurrency futures provider Crypto Facilities has seen “tremendous growth” since being acquired by U.S.-based crypto exchange Kraken last month, an executive said. Sui Chung, the subsidiary’s head of indices and pricing products, told CoinDesk that trading volume has increased more than 500 percent since Kraken acquired the futures exchange at the beginning of February for $100 […]
Continue Reading