Key Facts Of The Day 09.07.2018

The Chicago Board Options Exchange (CBOE) Global Markets has filed for an application to the U.S. Securities and Exchange Commission (SEC) to begin trading Bitcoin Exchange-Traded Fund (ETF’s).

The fund will trade in SilidX Bitcoin Shares, and its assumed that the price of one share will stand at 25 BTC. Even if CBOE receives a positive response right away, the bitcoin-ETF will not be launched before the first quarter of 2019.

Two French government authorities, the Treasury and the Autorité des Marches Financiers (AMF) are now working on a draft law on the regulating ICO’s in the country.

AMF also launched a special consultation to find the most optimal way to regulate the market. Now the Treasury and AMF will take time to study the results of the consultation before taking any further action.

German-based SolarisBank has launched a platform for servicing European crypto and blockchain companies. The program is called ‘Blockchain Factory’ and it will help create what the bank claims to be a "hybrid future".

Within the framework of this platform, a bank will open accounts in fiat currencies for day-to-day needs of blockchain companies. The bank is confident that the ‘Blockchain Factory’ can tie together the banking sector and the world of distributed ledger technology (DLT).

Australia will take up a number of measures to chase down its crypto-investors that are using offshore means to evade taxes. The Australian Tax Office (ATO) believes that cryptocurrencies are an asset and that citizens must pay taxes on all profits they receive.

Australia has an agreement on sharing data with other countries in order to track those trading offshore. Thus, ATO will be able to reveal “unexplained wealth” according to deputy commissioner Martin Jacobs.

It’s time to cash in those MutCoins, named after Vitaly Mutko, the ex-Minister of Sport and president of the Russian Football Union, due to FIFA 2018 World Cup has come to an end for the Russian team.

Earlier the Russian crypto platform Waves issued a special token, MutCoin (MTN), the value of which would depend on how well the Russian team did at the World Cup. Now that Russia is out of the championship Waves are to buy back the issued tokens.

At 15.00 (GMT+1) total cryptocurrency market capitalization stands at $$274,5 billion

Stellar (+1,19%) showed the best growth in the top-10

DigiByte (+12,95%) showed the best growth in the top-100

The trading volume of cryptocurrencies for 24 hours reached $11,5 billion (-4,7 billion per day)

Click here for the full list of ongoing ICOs.

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By Ekaterina Ulyanova