Business News

Bakkt Is Finally Launching Its Bitcoin Futures Today. Here’s What to Expect

Bakkt is finally here. After two delays and 13 months of questions, the Intercontinental Exchange-backed bitcoin warehouse and futures contract…

CME Group Is Launching Bitcoin Options Early in 2020

Derivatives marketplace CME Group has announced that it will offer options on its bitcoin futures contracts starting in the first…

Wells Fargo’s Stablecoin ‘Faster, Cheaper’ Than SWIFT, Says Exec

Banking giant Wells Fargo says its blockchain for internal cross-border money transfers is faster and more efficient than SWIFT, the…

Bank of America Joins Marco Polo Blockchain Trade Network

Bank of America has joined Marco Polo, a consortium working to bring efficiencies to international trade using blockchain technology. Founded…

Arab Bank’s Swiss Arm is Launching Cryptocurrency Services

The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based…

Abra to Add Cash-to-Crypto Outlets at All Philippines 7-Elevens

Investment app provider Abra is to sell cryptocurrency for cash at 6,000 outlets across the Philippines. The expansion comes after…

Binance Is Pitching Its Stablecoin as a Government-Friendly Libra Competitor

Crypto exchange Binance is now explicitly positioning its Venus stablecoin project as a government-friendly alternative to Facebook’s Libra, just a…

New York Among 13 States Excluded as Binance.US Opens for Registrations

The U.S. arm of cryptocurrency exchange Binance is opening for registration and deposits on Wednesday. The platform will go live…

Wells Fargo to Pilot Dollar-Linked Crypto for Internal Settlement

U.S.-based financial giant Wells Fargo is developing a U.S. dollar-linked cryptocurrency that will run on the firm’s first blockchain platform.…

Harbor Tokenizes Real Estate Funds Worth $100 Million on Ethereum

Harbor has pivoted from helping companies issue security tokens to helping them tokenize existing securities. Announced Monday, the startup has…

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