Hong Kong’s market operator and central bank have begun testing a wholesale central bank digital currency for derivatives trading, expanding the use of digital money within the city’s financial infrastructure. Summary HKEX and the HKMA have launched a pilot to test e-HKD for derivatives margin payments during after-hours trading. The trial could allow clearing participants
Peter Schiff says Bitcoin may survive 10 years but underperform gold, while Pompliano points to money printing and BTC upside. Peter Schiff said Bitcoin may remain in financial markets, although he expects gold to perform better over time. His comments came during a June 16 Fox Business debate with Anthony Pompliano. The debate focused on
The CFTC and SEC have asked the public to comment on how U.S. rules define swaps, security-based swaps, and related derivatives products. Summary The agencies want feedback on swaps, security-based swaps, mixed swaps, and emerging derivatives products rules. CME says Kalshi’s crypto perpetual futures should be treated as swaps under Dodd-Frank law. The public comment
Welcome back to the Chart Decoder Series. In Part 1, we introduced the Ichimoku Cloud, the comprehensive indicator that shows trend, momentum, and future support/resistance at a glance. Today, we apply what we learned. We’ll read current market conditions using Ichimoku, then show you how to supercharge your analysis by pairing Ichimoku with indicators you
Wealthsimple has secured approval to offer roughly 4,000 prediction market contracts in Canada, expanding retail access to event-based trading through a new partnership with Kalshi. According to Wealthsimple, the company plans to launch a standalone prediction markets platform called Wealthsimple… Source link
The Bitcoin price prediction shows BTC USD trading at around $64,000, down 2.2% in 24 hours and roughly 6% over the past seven days, and the Fed just handed traders another reason to stay cautious. Kevin Warsh’s first FOMC meeting as Federal Reserve Chair closed on Wednesday without a rate cut, without forward guidance, and
Morgan Stanley has updated its proposed Ethereum and Solana exchange-traded funds with a staking structure that would allow 95% of staking rewards to remain within the trusts while charging a 0.14% annual sponsor fee. Summary Morgan Stanley amended its Ethereum and Solana ETF filings to include staking and a 0.14% annual fee. The proposed structure
Malta’s financial regulator has proposed a new legal category for decentralized autonomous organizations as part of a consultation on how decentralized finance could be regulated under the European Union’s crypto framework. Summary Malta’s MFSA has proposed a new “software-based organization” category that would include DAOs and other DeFi entities. The regulator said many DeFi projects
The punishments of Alexander Mashinsky, the imprisoned former chief of Celsius until its high-profile collapse, continue with a formal banishment from any ability to seek business with the U.S. Commodity Futures Trading Commission or the trading it oversees. The derivatives regulator didn’t pile any new fines onto Mashinsky, who previously pleaded guilty to accusations he
Ireland has identified crypto assets as a “very significant” money laundering and terrorism financing risk and has committed to introducing industry standards governing crypto-related sources of funds by the second half of 2027. Summary Ireland has classified crypto assets as a major money laundering and terrorism financing risk in its latest assessment. Authorities plan to
