The Chicago Mercantile Exchange (CME) Group has launched its highly anticipated bitcoin options for trading. CME's bitcoin futures contracts started trading on CME Globex around 15:00 UTC on Jan. 13, 2020. Each contract is quoted in US dollars, represents five bitcoin per contract and is cleared centrally to avoid counterparty risk. CME accurately tracks bitcoin's price via trade flow data from several of the large bitcoin exchanges.
Telegram will release bank records to the United States Securities and Exchange Commission (SEC) on or before Feb. 26, per a Jan. 13 filing by the court. The ruling will allow Telegram to redact information provided to the court in accordance with foreign privacy regulations. This comes after the SEC's previous request for Telegram to release its records was denied, due to privacy concerns.
The Japanese Minister of State for Science and Technology Policy, Naokazu Takemoto, visited Manila on January 4 to meet with Cabinet Secretary Raul Lambino, administrator and CEO of the Cagayan Economic Zone Authority (CEZA) to discuss the future of financial technology businesses in the country and in Asia, especially those related to cryptocurrencies, blockchain, and security tokens and security token offerings. Lambino pushed for new laws on crypto and security tokens, saying "Congress needs to enact laws surrounding STOs and virtual currencies and appoint a particular government agency to have jurisdiction to supervise the implementation of this."
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