Coinbase and Software Company to Launch BTC Futures Trading

Coinbase cryptoexchange partnered with Trading Technologies International to make cryptocurrency investing more attractive and easy for financial services firms
25 January 2018   579

Trading Technologies International Inc. develops and delivers professional trading software platforms for proprietary traders, brokers, money managers, CTAs, hedge funds, and commercial hedgers and risk managers worldwide, and, moreover, offers access to exchanges and liquidity platforms.

On January 25 the company announced partnership with San Francisco-based cryptocurrency exchange Coinbase. The companies plan to trade futures and spot Bitcoin side-by-side starting from March 1 of 2018.

Chief executive of Trading Technologies International stated that having Bitcoin futures and spot Bitcoin on one platform should lead to a significant growth in the muted futures market as well as in spot Bitcoin, and it is better if traders see Bitcoin on a familiar platform like TT.

Previously, we have reported that Coinbase stopped accepting deposits from Nationwide bank, and that businessman and Bitcoin enthusiast Albert Renshaw discovered evidence of insider trading at Coinbase on the day of listing Bitcoin Cash (BCH).

Bitcoin Questions included into Dutch High School Exam

Bitcoin-themed mathematics questions have been cut-in in recent high school matriculation exams in the Netherlands
18 May 2018   99

About 200,000 Dutch students are to have taken the OVW exam, a obligatory test for students who wish to get tertiary education in the Netherlands. The testing list  included five bitcoin-themed questions.

Students were offered to solve five different mathematical problems. The questions asked that students “calculate in what year the amount of bitcoin exceeded 18 million,” “calculate from which year on the reward will be less than one bitcoin,” “determine the maximal amount of bitcoin that can be in circulation.” The resolution  of the issues was supposed to base on the formula used to employed to solve the questions.

Such kind of changes in testing for students is connected with the growing  recognition of cryptocurrency by the Holland’s institutions. In March, the Court of Amsterdam defined that bitcoin owns “properties of wealth” at the same time  adjudicating a civil rights occasion between an individual seeking repayment from an unfulfilled contract pertaining to bitcoin mining. The court ordered that “bitcoin represents a value and is transferable” and “thus shows characteristics of a property right. A claim for payment in Bitcoin is, therefore, to be regarded as a claim that qualifies for verification.”

Recently, Rob van Gijzel, the ambassador of the Dutch Blockchain Coalition, revealed a national blockchain research agenda, which had been accredited by the Dutch Ministry of Economic Affairs and Climate Policy. The ministry had established a designated committee, TopTeam ICT, appointed to analyze the potential legal, economic, and ethical implications of distributed ledger technology in the country.