This crucial bitcoin group is an unexpected source of rising futures trading volume

When the Cboe Global Markets Inc., and the CME Grop Inc., separately launched bitcoin futures within weeks of each other in December, advocates of digital currencies had hoped it would lead to a surge in interest. However, early volumes were light, as investors, especially among big institutions, …
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“Venture Capital Working Group” Seeks Select Cryptocurrency “Safe Harbor” (bitcoinmagazine.com)

Several venture capitalists (VCs) and entrepreneurs have been petitioning federal authorities to see certain virtual currencies in a “different light.”Right now, many cryptocurrencies are in danger of being classified as “securities,” which would place them under strict regulatory scrutiny. Working to change this, venture capital firms Andreessen Horowitz and Union Square Ventures have gathered a team of lawyers and investors known as the “Venture Capital Working Group” to meet with the U.S…

Bitcoin

16 Government-Approved Crypto Exchanges Have Formed Self-Regulatory Group in Japan (news.bitcoin.com)

A new association has been registered in Japan consisting of 16 government-approved cryptocurrency exchanges. The group will focus on establishing self-regulatory rules and will have the authority to investigate and sanction members that do not comply with self-regulation.
Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Bitcoin

Major blockchain group says Europe should exempt Bitcoin from new data privacy rule

Since people can store personal data in blockchains, the technology could fall under the purview of the upcoming European change to privacy law. But blockchain technology may be fundamentally incompatible with Europe's new privacy rules, Washington, DC think tank Coin Center said today in a new …
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