In this opinion piece, the authors explain the significance of a recent CFTC approval regarding the LedgerX cryptocurrency derivatives platform, and its potential impact on the market. As interest in cryptocurrencies continues to grow, ‘crypto-derivatives’ may begin to find a place alongside other more established elements of the crypto economy, such as payments and securities tokens.
Up Next in Blockchain
Financial data firm Bloomberg has added three more cryptocurrencies to its Terminal service, alongside bitcoin: ether (Ethereum), XRP (Ripple) and Litecoin. Sources say the addition is aimed at forex traders seeking to explore the new instruments.
Bloomberg Terminal adds Ether, XRP and Litecoin Cryptocurrencies
The Australian Securities Exchange (ASX) has announced that it will replace its post-trade settlement system with blockchain technology developed by startup Digital Asset. The decision represents a key milestone as ASX becomes the first mainstream exchange in the world to migrate its core services to a blockchain-based system.
ASX To Become World’s First Blockchain-Based Stock Exchange
Quartz - Zheping Huang