#CryptoCorner: CME Increases Spot-Monthly BTC Futures, CF Benchmarks Recognized by EU Benchmarks Regulation, tZero (NASDAQ: $OSTK) Partners with BLOQ FLIX
#CryptoCorner: CME Increases Spot-Monthly BTC Futures,
CF Benchmarks Recognized by EU Benchmarks Regulation, tZero (NASDAQ: $OSTK) Partners
with BLOQ FLIX
Point Roberts, WA, Delta BC, September 13,
2019 - Investorideas.com, a leader in
crypto and blockchain investing news brings you today’s edition of the Crypto
Corner podcast and commentary on what’s driving the cryptocurrency market .
Listen to today’s
Crypto Corner Podcast: https://www.investorideas.com/Audio/Podcasts/2019/091319-CryptoMarket.mp3
Read
this in full at https://www.investorideas.com/news/2019/crypto-corner/09131CME-CF-OSTK.asp
Subscribe
to Podcast RSS feed:
https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xml
September
13
Crypto Corner
Stocks discussed: (NasdaqGM:OSTK) (NasdaqGS:FB)
The Chicago
Mercantile Exchange (CME Group) has announced an increase in its spot-month
limit of bitcoin futures trading in a letter to the Commodity Futures Trading
Commission (CFTC) yesterday. Specifically, the group has upped the spot-month
limit from 1,000 net futures equivalents to 2,000, which represents a quantity
of 10,000 bitcoin (BTC).
CoinDesk reports that CF Benchmarks, which
provides the indices used by CME Group for its bitcoin futures contract, has
been recognized as a Benchmark Administrator under the European Benchmarks
Regulation (EU BMR). The crypto index provider was authorized by the U.K.’s
Financial Conduct Authority (FCA) today. Sui Chung, CEO of CF Benchmarks, told
CoinDesk:
“Here in Europe the use of indices and provision of
indices is regulated, so for all regulated firms in Europe if they use a
benchmark then they have to make sure that it comes from a regulated benchmark
provider. They’re all captured, all in scope of regulatory requirements, and
this will come into full force in January 2020.”
Blockchain tech
firm tZero, Inc., a subsidiary of Overstock.com, Inc. (NasdaqGM:OSTK), has partnered with blockchain entertainment
financing company, BLOQ FLIX, LLC. According to the press release, “BLOQ FLIX
is a media finance and advisory firm that provides mini-major studio producers
and independent producers with comprehensive financing solutions to fund the
production of feature films, television programming and digital/online
content”. tZERO CEO Saum Noursalehi commented:
“We are thrilled to partner with the BLOQ FLIX team to
bring a secure and innovative investment alternative to film financing. Our
continued goal is to tokenize and trade assets that can benefit from blockchain
technology, and digitizing film financing fits this model nicely.”
Reuters reports that politicians and bankers
in the Eurozone are planning their own public digital currency to make projects
like Facebook’s (NasdaqGS:FB) Libra unnecessary. Libra served
as a wake-up call, according to the report, and encouraged European Central
Bank (ECB) officials to revive the idea of an ECB-backed project for real-time
payments in the eurozone, known as TIPS. The report says that TIPS would “allow
consumers to use electronic cash, which would be directly deposited at the ECB,
without need for bank accounts, financial intermediaries or clearing
counterparties”.
North Korea plans to
hold a second crypto and blockchain conference in its capital city Pyongyang in
February 2020. According to the event’s official website:
The interest of participants to continue building
bridges of friendship and collaboration with the DPR of Korea, as well as the
exclusive environment of confidentiality and contacts with the highest
government officials and engineers, demanded to organize a second conference
with even more audience and wider scope.
Sam Mowers,
Investorideas
More
info on the sector:
Investor Ideas is positioning as a leader in blockchain and crypto content with
its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com,
Cryptocurrencyinvestorideas.com
and Blockchaininvestorideas.com
For
investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
About Investorideas.com - News that
Inspires Big Investing Ideas Investorideas.com is a
recognized news source publishing third party news and press releases plus we
create original financial content. Learn about investing in stocks and sector trends
from Investorideas.com with our news alerts , articles , podcasts
and videos talking about cannabis, crypto,
technology including AI and IoT ,
mining ,sports biotech, water, renewable energy and more . Investorideas.com
original branded content includes the daily Crypto
Corner and Podcast, Play by Play sports and stock news column, Investor
Ideas #Potcasts #Cannabis News and Stocks on the Move
podcast and column, Cleantech and
Climate Change Podcast and the AI Eye Podcast and column covering
developments in AI.
The
Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com,
iHeartRadio and Google Play Music.
Visit
the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital
publisher of third party sourced news, articles and equity research as well as
creates original content, including video, interviews and articles. Original
content created by investorideas is protected by copyright laws other than
syndication rights. Our site does not make recommendations for purchases or
sale of stocks, services or products. Nothing on our sites should be construed
as an offer or solicitation to buy or sell products or securities. All
investing involves risk and possible losses. This site is currently compensated
for news publication and distribution, social media and marketing, content
creation and more. Disclosure is posted for each compensated news release,
content published /created if required but otherwise the news was not
compensated for and was published for the sole interest of our readers and
followers. Contact management and IR of each company directly regarding
specific questions.
More
disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more
about publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/ and
tickertagstocknews.com
Global
investors must adhere to regulations of each country. Please read
Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Cryptocurrency Disclaimer
Investorideas.com news content is not
meant to be a solicitation to buy or sell cryptocurrencies and
Investorideas.com does not directly sell cryptocurrencies; but acts as a news
and research resource for interested investors following the blockchain sector.
Copyright and ownership: Crypto Corner is
an Investorideas.com content brand
Learn more about our news, PR and social media services
at Investorideas.com
Contact
Investorideas.com
800-665-0411
Hello
ReplyDeleteI Read your article. Thanks for sharing such beautiful information about Bitcoin, and I hope you will share some more info about CryptoCurrency. You wrote really very well, I really like your blog and information provided by you. I appreciate your work.
Thanks