Today in Crypto Robinhood entered the prognostic markets along with the launch of a recent bookmaking platform. In France, the authorities temporarily raised court restrictions for the founder of Telegram Pavel Durov until April 7. Meanwhile, the Central Bank of South Korea explained that it neither discussed nor considered the possibility of having Bitcoin reserves.
Robinhood will share by 8% after launching the plant center
Robinhood launched the center of bookmakers as an online broker – best known for trading in shares – it expands its presence in recent asset classes, including cryptocurrency and events for events, as announced by March 17.
According to data from Google Finance, the Robinhood supply increased by about 8% on Nasdaq after announcement.
The recent bookmaking function will allow users to “trade contracts on what the upper limit of the FED fund rate in May will be, as well as the upcoming basketball tournaments of men and women”, IT, IT he said.
Online Broker is a knocking of Kalshi, the first prognostic platform in the USA, to support the event contract platform, he said.
Kalshi is already registered to mention dozens of events, covering the results, from election results to Rotten Tomatoes movie rankings.
Prognostic markets are becoming more and more popular in the USA since September 2024, when Kalshi won the lawsuit questioning CFTC decision to block him from listing contracts for political events.
Until November, commercial volumes in popular prognosis markets approached $ 4 billion on US elections.
Hood’s intraday performance on Nasdaq on March 17. Source: Google Finance
Legal restrictions Pavel Durov suspended until April 7: Report
The TASS media platform announced that the French authorities have suspended control over Durov for three weeks. Referring to sources in the French prosecutor’s office, Media Butlet Tass announced that the agency interlocutor stated that the court review in connection with Durov was suspended from March 15 to April 7.
Rarely the founder of Telegram published an update for sending messages, saying that he has already returned to Dubai after months in France. Durov said that this process is still underway, but he added that “it is great to be at home.”
Pavel Durov released a post on a telegram after returning to Dubai. Source: Pavel Durov
In his post, Durov thanked the judges for permission to return to Dubai.
Korea Bank to accept a “cautious approach” to the Bitcoin reserve
The Korea Bank claims that it adopts a “cautious approach” to the potentially inclusion of Bitcoin as a currency reserve.
Officials from the Korean Central Bank said in response from March 16 to a written investigation that they did not look at the potential Bitcoin reserve (BTC), citing high volatility.
Answering the question of the representative Chain-Geun from the Planning and Finance Committee of the National Assembly, central bankers said that “they did not discuss or review the possible inclusion of Bitcoin in the foreign reserves, adding that” a cautious approach is needed “,”, “,” According to to Korea Herald.
“The variability of Bitcoin prices is very high,” the central bank noted before he added that “in the case of the instability of the cryptocurrency market, the costs of transactions to pay bitcoins may increase drastically.”