While firms like Gemini and Bitwise repeatedly tried and failed to win SEC approval, Kilburg cited the change in leadership at the SEC and promising developments in the space as reasons for his optimism, saying “this is all coming together here in 2021.”
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CME Group launches bitcoin options contracts
The launch comes on the heels of rival exchange Bakkt’s launch of its own bitcoin options and cash-settled contracts in December
CME Group, one of the first regulated institutions to offer bitcoin futures, launched bitcoin options contracts today.
- Bears may be sniffing around, but Fidelity Digital Assets is still bullish (via Marco Verch CC BY 2.0).
Fidelity bringing bitcoin trading to Europe
The $8 trillion discount brokerage has announced Chris Tyrer will expand its growing Fidelity Digital Assets custody and trading service into the U.K. and EU
Fidelity is expanding its digital assets business into Europe. Former Barclays exec Chris Tyrer will head up Fidelity Digital Assets in the U.K. and EU.
- LedgerX may have placed its founders "on administrative leave," but they're still listed as the company's leaders on its website (via LedgerX).
LedgerX founders Paul and Juthica Chou ousted after futures debacle
Badly embarrassed by a bungled futures launch, the derivatives exchange removed its CEO and COO the same day rival Bakkt expanded its offerings
On Dec. 9, LedgerX derivatives exchange CEO Paul Chou and his wife Juthica, the COO, were unceremoniously removed by the board of the company they founded. While no explanation was given, the company suffered a huge and embarrassing setback over the summer.