Kiffmeister’s Fintech Daily Digest 08/30/2019

• CME Bitcoin Futures Trading Breaks Record, Averaging $370 Million Per Day

  Interest in Bitcoin futures trading continues to gain momentum. As a result, the Chicago Mercantile Exchange (CME) Group is reaching record numbers for its Bitcoin futures contracts trading.

  tags: Derivatives Futures CryptoAssets Bitcoin Fintech

• Binance’s Venus will Face the Same Challenges as Facebook’s Libra, says Crypto Researcher

  Binance announced that it is looking for partners to create the stablecoin that will be pegged against a basket of government-issued currencies.

  tags: CryptoAssets Binance Stablecoins Fintech Facebook AltCoins

• Binance: Venus Project Will Court Regulators, Avoid Facebook’s Mistakes

  Binance co-founder He Yi claimed that the company will engage with regulators from day one regarding its Venus stablecoin project. He also confirmed previous rumors that Venus will be primarily geared towards non-Western countries.

  tags: Fintech CryptoAssets AltCoins Stablecoins Facebook Binance Regulation

• Telegram to release its cryptocurrency by October 31

  Gram digital wallets will be made available to Telegram’s 200-300 million global users, and Grams will make it possible to buy and sell other goods on Telegram.

  tags: Fintech Telegram CryptoAssets AltCoins Stablecoins

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