Sunday, 05 July 2020

Interest in bitcoin is growing in India despite a series of warnings from the central bank that the digital currency is a risky and unregulated investment.

The cost of shorting bitcoin could skyrocket once futures trading starts on Sunday, says S3 Partners.

The ultra-volatile cryptocurrency has seen massive fluctuations in recent days, and making bets on either side of it is about to get more expensive.

The SEC fast-tracked approval, because, what the big banks want the big banks get. This is called ‘regulatory capture’ for short. Trading is due to begin on December 10th.

A federal regulator gave the go ahead on Friday to the CME Group to start trading bitcoin futures later this month, the first time the digital currency will be traded on a Wall Street exchange and subject to federal oversight.

The cryptocurrency has risen nine-fold since the beginning of the year.

DUBAI: A financial expert has said that Bitcoin companies can be regulated in a number of ways, but it would grow faster if it could do business openly and without barriers, advised a British financial expert.

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