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News Byte 1

Blackrock’s Ishares Bitcoin Options Get the SEC Green Light

Blackrock’s Ishares Bitcoin Options Get the SEC Green LightThe U.S. Securities and Exchange Commission (SEC) has granted approval for the listing and trading of options on the Ishares Bitcoin Trust (IBIT), a product by Blackrock. This decision introduces a new financial instrument aimed at providing investors with the ability to hedge and manage risk associated with bitcoin exposure. These options will be physically […]

Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets

Bitgo to Launch USDS Stablecoin in January 2025

Bitgo to Launch USDS Stablecoin in January 2025Bitgo plans to launch its new stablecoin, USDS, in January 2025, offering a unique model that rewards liquidity providers. The announcement was made by Bitgo CEO Mike Belshe during an interview with Coindesk at the Token2049 event in Singapore. The stablecoin will be backed by U.S. Treasury bills, overnight repos, and cash, aiming to create […]

Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets