The Latest in IT Security

Bitcoin gets boost as U.S. watchdog approves first swap

12
Sep
2014

By Douwe Miedema WASHINGTON (Reuters) – TeraExchange on Friday launched a swap based on the bitcoin virtual currency, becoming the first to receive approval from a U.S. federal regulator for a financial product based on the budding technology. The derivative allows clients to protect the value of their bitcoin holdings by locking in a dollar value, offering an insurance against the astronomical price swings that have plagued the computer-generated currency. For a merchant to take bitcoin, there wasnt until this product a regulated way for them to put on a hedge to manage the risk … …

Tags:  
Comments are closed.

Categories

SUNDAY, OCTOBER 20, 2019
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments

Social Networks