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    Bitcoin

    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.

  • Sen. Kelly Loeffler has been in office three days and she still hasn't set up a press page. Doesn't she know that the most dangerous place in Washington is supposed to be between a member of Congress and a camera? (via @GovKemp)
    People,  Politics

    This is Awkward: Bakkt’s former CEO joins Senate committee overseeing CFTC

    Sen. Kelly Loeffler, who used to run bitcoin futures trading platform Bakkt was just appointed to a committee that oversees the Commodity Futures Trading Commission. What’s she gonna do?

    Former Bakkt CEO and current Senator Kelly Loeffler's membership on the committee overseeing the Commodity Futures Trading Commission presents a potential conflict of interest, but also gives the cryptocurrency industry a knowledgeable and friendly seat at the table.

  • LedgerX may have placed its founders "on administrative leave," but they're still listed as the company's leaders on its website (via LedgerX).
    People,  Regulation

    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.

  • The Capitol's in for stormy weather if Bakkt CEO Kelly Loefflin to the Senate over the President's wishes (via Max Pixel).
    People,  Politics

    Bakkt CEO Kelly Loeffler heading to Senate

    Georgia Gov. Brian Kemp will appoint the Republican, who heads up the cryptocurrency futures exchange.

    Kelly Loeffler, the CEO of the Bakkt cryptocurrency futures platform, is heading to the U.S. Senate, according to press reports. Loeffler's appointment to replace Sen. Johnny Isakson will give the cryptocurrency industry a strong voice in Congress, if it goes through over President Trump's wishes