FreeCryptoCurrency.Me

Dubai’s financial services regulator said on Monday that it will develop a regulatory framework for the cryptocurrency sector. It should be noted that Ripple recently set up a regional base in Dubai.

The post Dubai’s financial regulator says it will develop a regulatory framework for the crypto sector appeared first on The Block.

Quick Take

• Both the extreme market selloff on March 13, 2020, and the lawsuit filing from the U.S. DOJ and CFTC on October 1, 2020, have had lasting negative impacts on BitMEX.
• BitMEX’s market share of monthly trade volume of Bitcoin futures has declined by 15.2% in 2020.
• BitMEX’s market share of monthly exchange website visits has declined by 8.6% in 2020.

President-elect Joe Biden has officially named Gary Gensler as his pick for chairman of the U.S. Securities and Exchange Commission (SEC), confirming previous media reports.

The post Biden officially names Gary Gensler for SEC chairman post appeared first on The Block.

Crypto asset manager CoinShares is launching a new physically-backed bitcoin exchange-traded product (ETP) today.

The post CoinShares is launching a physically-backed bitcoin ETP appeared first on The Block.