The Central Bank's Adoption of Bitcoin: Crypto Market News

The CME Group has started trading micro-futures on Ethereum, and the Russian Central Bank has prohibited the use of Bitcoin by financial institutions – these and other notable happenings in the cryptocurrency market are reported in our daily roundup. The Russian Central Bank opposes financial institutions that provide services for bitcoin transactions. According to the regulator, the provision of such services by financial institutions does not serve the interests of financial market participants and entails significant risks. FTX CEO Sam Bankman-Fried intends to seek a total of $ 1.5 billion in funding for the global derivatives exchange and the American FTX. The Information, a US news outlet, covered the story with its own sources. A future round of fundraising would, according to them, bring the FTX valuation to $ 32 billion. Jimmy Wales, one of Wikipedia's co-founders, has auctioned off the initial edition of the online encyclopedia as a non-fungible token at Christie's (NFT). Binance, a cryptocurrency exchange, has declared its support for the Arrow Glacier hard fork of the Ethereum network. It will take occur around December 9, 2021, in block # 13,773,000. The Chicago Mercantile Exchange (CME) has begun trading in Ethereum-based micro-futures.
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EOS, a cryptocurrency, has increased by 13%.