E-Trade Financial Launches CME Bitcoin Futures Trading

The company also allowed customers to trade bitcoin futures from CBOE Global Markets on December 20
03 January 2018   907

E-Trade Financial Corporation, the online stock brokerage firm, announced it has opened up trading of bitcoin futures from CME Group for customers as of Tuesday evening. The intraday initial margin requirement for the CME bitcoin futures ("BTC") has been set at 80%, that same as is required for CBOE futures ("XBT").

The company also allowed customers to trade bitcoin futures from CBOE Global Markets on December 20.

The U.S. Commodity Futures Trading Commission (CFTC) approved both CBOE and CME to list bitcoin futures on December 1. The regulator said at the time that the companies will pursue a self-certified initial listing, after working with the agency to set a standard for the offerings.

TD Ameritrade Holding Corp. and Ally Financial Inc.'s Ally Invest have also launched CBOE bitcoin futures trading to investors. Interactive Brokers Group also opened trading in products from both exchanges in December.

US Authorities to Sell $4.3M Worth Seized BTC

As reported, the Bitcoins were seized during different federal investigations
18 October 2018   155

The US Federal Penitentiary and Marshals Service has announced an auction, during which 660 Bitcoins will be sold, previously confiscated by law enforcement agencies. The current market value of the coins put up for sale is about $ 4.3 million, CoinDesk reports.

Bitcoins offered for sale were seized during federal criminal, civil and administrative investigations.

The auction will be held on November 5, and to participate in it, you must register no later than October 31 and make a deposit of $ 200,000.

The trades will be divided into two parts and include the sale of six blocks of 100 BTC and one more block of 60 BTC. Auction participants will not be able to view other people's rates or change their own.

The Office clarified that part of the assets put up for auction includes Bitcoins, which were seized during the recent investigations into the cases of the traders Teresa Tetley and Thomas Mario Costanzo. Teresa Tetley was sentenced in July to a year in prison on charges of trading in cryptocurrency without the necessary license and laundering money obtained from drug trafficking.

The Marshals do not report which part of the bitcoins seized from Tetley and Costanzo is put up for auction, however, it was previously known that 40 BTC were withdrawn from the first, and 80 BTC from the second.

Two previous major auctions for the sale of confiscated bitcoins were held in the United States in January and March of this year. In the first case, 3813 BTC was sold, in the second - 2170 BTC.