What It Takes to Get a Crypto-Friendly Bank Charter in Wyoming – CoinDesk

It’s been more than three months since Wyoming began taking applications to charter a new type of crypto-friendly bank, and no company has announced its application while a handful of firms have indicated an intent to apply.   This hasn’t cooled hype around the charter’s potential. In October, Colorado announced plans to draft special-purpose banking legislation […]

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US Arrests 3 in Alleged Crypto Mining Pool Fraud Scheme – CoinDesk

U.S. authorities arrested three alleged scammers attached to the BitClub Network Tuesday who successfully defrauded investors of $722 million through a mining pool Ponzi scheme. According to a press release, Matthew Brent Goettsche, 37, of Lafayette, Colorado; Jobadiah Sinclair Weeks, 38, of Arvada, Colorado; and Joseph Frank Abel, 49, of Camarillo, California were indicted on […]

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Bakkt Goes Live With Options, Cash-Settled Futures Products – CoinDesk

Barely three months after launching its long-anticipated physically settled bitcoin futures product, the Intercontinental Exchange’s Bakkt has gone live with its bitcoin options and cash-settled futures contracts. The New York Stock Exchange’s sister firm announced in a blog post Monday that it’s using its physically settled bitcoin contracts as a benchmark to support the new […]

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