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March 13, 2023

Circle Partners With Cross River Bank, Handful of US 'Crypto-Friendly' Banks Remain; Okcoin Suspends USD Deposits – Bitcoin News

Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits – Bitcoin News

[ad_1] Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount importance to Circle,” Allaire emphasized. Crypto Firms Scramble […]

Bitcoin surges past $24,000 on CME launch of BTC event contracts

Bitcoin surges past $24,000 on CME launch of BTC event contracts

[ad_1] On Mar. 13, American derivatives marketplace CME announced the launch of Bitcoin (BTC) futures event contracts. The exchange, which is fully regulated and has cleared administrative review, will henceforth facilitate cash-settled, daily expiring contracts tied to Bitcoin futures with a “lower-cost way for investors to trade their views on the up or down price […]