[BHEX listed BNB Weekly Options Contract]BHEX announced the launching of BNB Weekly Options Contract at 4pm, 23 April 2019 (Singapore time, UTC+8). The contract will have Call & Put options with the delivery on 4pm, 26 April 2019 (UTC+8). BHEX option products have distinctive advantages such as high leverage, no forced liquidation, and low cost. For exchange platform token investors, it offers a more effective tool to leverage the returns. Selling BNB Put options product can increase the income of BNB holders without them having to sell BNB in spot market. In addition, BHEX will launch the HT & OKB weekly options contract successively on 24th and 25th April.
[The Reserve Bank of India announces fintech regulatory sandbox; but excludes cryptocurrency projects]The Reserve Bank of India (RBI) has announced the framework for its fintech regulatory sandbox April 18, 2019. While the regulatory sandbox invites blockchain projects to take part, it excludes any cryptocurrency-related businesses—enumerating cryptocurrency services, trading, or Initial Coin Offerings in its exclusions list. RBI’s stand against cryptocurrencies is not something new—the institution has banned banks from dealing handling crypto-related transactions or providing services to cryptocurrency businesses.
[Binance’s Singapore Fiat-to-Bitcoin Exchange Is Launching Next Week]Binance CFO Zhou said Binance will launch its new fiat-to-crypto platform in Singapore next week on Paris Blockchain Week. He said that for now in Singapore, “it will just be bitcoin, but we hope to add more [cryptocurrencies]. For a lot of these regulated jurisdictions, it’s easy to start with things that people know and understand and you can gradually build on that.”
[Bakkt Exchange May Be Seeking New York License for Crypto Custody]Thursday, A Bloomberg report citing several sources said that The owner of the New York Stock Exchange, Intercontinental Exchange (ICE), is eyeing a New York license for its long-delayed crypto exchange Bakkt. ICE had originally planned to launch Bakkt in mid-December 2018, but the deadline was shifted to Jan. 24. Then, on New Year’s Eve, the big day was indefinitely delayed, with ICE saying its January target “will be amended pursuant to the CFTC’s process and timeline.”
[IMF and World Bank Launch Educational Blockchain Token]The International Monetary Fund and World Bank have set up a private blockchain and Learning Coin In order to learn more about cryptocurrencies and blockchain technology. The Learning Coin app will be a “hub for knowledge.” The staff will be able to learn about blockchain from content available in the app, for instance, blogs, research, videos and presentations. By achieving “educational milestones,” the staff will gain Learning Coins, which they might be able to redeem for rewards, according to the IMF statement.
[World’s Second-Largest Grocer Joins IBM Food Trust Blockchain]According to an IBM press release, World’s Second-Largest Grocer Albertsons—the owner of Randall’s, Safeway, and Tom Thumb supermarkets— joined the IBM Food Trust network. Albertsons' join brings the total number of brands involved in Food Trust to over 80. Albertsons operates nearly 2,300 stores across the U.S., With $57 billion in sales in 2017, it was second only to Kroger among supermarket companies.
[Bakkt hires former PayPal and Google exec as Chief Product Officer]Bakkt, a cryptocurrency platform run by Intercontinental Exchange, has added another member to its executive team. The firm announced Thursday that Mike Blandina has joined as its Chief Product Officer to lead Bakkt's "efforts to converge a trusted ecosystem for digital assets with payments use cases, two elements of Bakkt that help bring real world applications to bitcoin and other cryptocurrencies." Blandina was previously CTO of OneMarket, a retail technology startup. He also held senior engineering roles at PayPal and Google.
[Goldman Sachs CEO denies the firm ever intended to build out a crypto desk]Goldman Sachs CEO David 'DJ" Solomon told a U.S. House of Representatives panel Wednesday that his firm never had plans to open a cryptocurrency desk. “First, that Bloomberg article was not correct. Like others, we are watching and doing work to try and understand the cryptocurrency market as it develops,” Solomon said before the Committee. “We have some clients that have certain functionality that we’ve engaged with on clearing physically settled futures, but other than that we never had plans to open a cryptocurrency desk.”
[Bitfinex eliminates minimum equity requirement to trade on its exchange]Bitfinex announced on Tuesday that it has removed its minimum equity requirement of $10,000 threshold and open up its trading platform "to everyone."
Jean-Louis van der Velde,CEO at Bitfinex comments,“We simply could not ignore the increasing level of requests for access to trade on Bitfinex from a wider cohort than our traditional customer base. For the last six months we have been working hard to ready our platform for a new wave of customer accounts and are now in a position to open Bitfinex to a wider audience. By dropping our minimum equity requirement, the only limits are now set by the traders themselves.”
[Opera Launches Dapp-Focused Desktop Browser With Built-In Ethereum Wallet]Opera has officially launched the desktop version of its new browser, Reborn 3, with a built-in cryptocurrency wallet Tuesday.The browser is now available for the Mac, Windows and Linux operating systems. The software allows users to explore and interact with the blockchain-based decentralized applications (dapps) of “Web 3,” and the wallet lets users send transactions without requiring an extension such as Metamask, Opera said.
[Facebook Be Seeking $1 Billion in Funding for Crypto Project]Nathaniel Popper, a technology reporter at The New York Times, tweeted Monday that sources have said Social media giant Facebook is targeting “big sums – as much as $1b” from venture capitalists to support the stablecoin effort. The company would use the funds as collateral to back the token.
[Leading Advocate for Mt Gox Creditors Quits, Saying Bitcoin Payouts Could Take Years]According to Coindesk, Andy Pag, the founder and coordinator of Mt. Gox Legal, is stepping down from his role as coordinator at the end of the month, he said that, a single massive claim by startup incubator and former Mt. Gox partner Coinlab – may hold up the crypto exchange’s civil rehabilitation process for up to two more years.
[China's National Development and Reform Commission plans to ban the crypto mining activity]China’s powerful economic planner, National Development Reform Commission, this week listed crypto-mining among a plethora of industries it intends to eliminate because they “seriously wasted resources” or polluted the environment.
The agency is seeking public feedback on the guidelines and indicated that the crypto-mining ban could take effect as soon as they’re formally issued. The consultation period ends on May 7.
[CME Group reports “record trading day” on bitcoin futures]CME Group has experienced an all-time high trading volume on April 4, 2019. According to CME Group, the firm recorded over 22,500 bitcoin futures contracts on April 4, which is equivalent to about 112,700 bitcoins. This surpassed its previous record of over 18,300 (equivalent to 64,300 BTC) on February 19, 2019.
[Google Searches for ‘Bitcoin’ Hit Highest Total Since November]Google searches for “bitcoin” currently hover at levels not seen since Nov. 20. While Google Trends does not provide the exact number of searches, it is apparent the amount of worldwide “bitcoin” searches reached 90 percent of what it was on Nov. 20
[The SEC Just Released Regulatory Guidance for Token Issuers]The SEC had published Statement on “Framework for ‘Investment Contract’ Analysis of Digital Assets” on April 3. The framework itself outlines a number of factors that token issuers must consider before evaluating whether or not their offerings qualify as securities. These factors include an expectation of profit, whether a single or at least central group of entities are responsible for specific tasks within the network, and whether a group is creating or supporting a market for a digital asset.
The statement declare that this framework represents Staff views and is not a rule, regulation, or statement of the Commission.
[Davos report: at least 44 central banks are considering blockchain currencies]A World Economic Forum report published recently says at least 44 central banks are experimenting with blockchain technology with the intended purpose of issuing a central bank digital currencies (CBDCs).The biggest name out of the report is the National Bank of Cambodia, which plans on releasing a new blockchain-based payment system to 10 banks by the end of 2019.
[Coincheck Launches OTC Trading Service for Bitcoin]Japanese cryptocurrency exchange Coincheck has launched an over-the-counter (OTC) cryptocurrency trading service aimed at larger clients on Monday.
Coincheck said its OTC trading desk will allow customers to buy and sell a minimum of 50 bitcoins ($205,423 at press time) “quickly” at one go and at “attractive prices.” The service is available on weekdays between 10 a.m. (13 UTC) and 3 p.m. (18 UTC) Japan time.
[BTC price skyrocket to 5100 USD becauseof an April fools' joke]The price of bitcoin skyrocket to 5100 USD from 4200 USD in half an hour at noon today, the reason was believed SEC approves bitcoin ETFs on 1/4 2019 according to financemagnet, but it is confirmed an April Fool's joke.
[Hong Kong hackday makes bitcoin ATM lightning payments a reality]As a proof-of-concept, crypto researcher Felix Weis at Lightning Hackday in Hong Kong tested the first Bitcoin ($BTC) ATM Lightning transaction. Weiss described the event as a proof-of-concept for topping off existing channels and that the code remains buggy.