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Tue 30 Jan 2018 09:04 AM

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Nasdaq plans to launch Bitcoin ETF

Crypto News: Plus payments at airports and a new lease of life for BTCC

Nasdaq plans to launch Bitcoin ETF
Second-largest stock exchange in the world Nasdaq is to assess Bitcoin futures

Nasdaq, the second-largest stock exchange in the world, said it wants to launch a vehicle to trade Bitcoin futures. 

In a conversation with CNBC, CEO Adena Friedman said they were currently “investigating the idea of a cryptocurrency futures” and that they are seeking ways to make it different to products offered by rival Cboe and CME.

Some people believe this could see the light of day as early as Q2 2018.

Aussie airports to accept Bitcoin

Brisbane Airport will be the first airport to accept payments in cryptocurrencies. Airport authorities are teaming up with TravelByBit to enable customers in the terminal’s cafes and other outlets to make purchases in Bitcoin, Ethereum and Ripple.

“Many people around the world have made money investing in cryptocurrencies and a lot of these people travel internationally, so it makes sense to offer a digital currency experience within our terminals,” said Roel Hellemons, Brisbane Airport’s general manager of strategic developments.

Bitcoin startup BTCC acquired by Hong Kong investment fund.

BTCC, at one time the world’s second-largest cryptocurrency exchange, has been acquired by a Hong Kong blockchain investment fund. Founded in Shanghai in 2014, BTCC forced to move to the UK following the September closure of all exchanges in mainland China. BTCC will focus on mining, its Mobi bitcoin wallet and a USD/BTC exchange services.

In a press release, BTCC's co-founder Bobby Lee said the acquisition will enable “BTCC to move faster and aggressively grow our businesses in 2018 and beyond… and lead every segment of the digital currency ecosystem”.

South Korea’s WeMakePrice to accept crypto payments

The largest e-commerce site in South Korea will accept payments in cryptocurrencies, the company confirmed on Monday. By adding Bithumb to their OneThePay payment platform, WeMakePrice hopes the move will add convenience and flexibility to purchases – especially as its users won’t have to be registered on Bithumb to use it. “We consider mobile fintech apps, points, and cryptocurrencies as efficient payment methods,” a spokesperson said.

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