The Chicago Board Options Exchange will begin offering its first cash-settled options product tied to spot Bitcoin on Monday, December 2.

Sui has established a strategic partnership with Franklin Templeton Digital Assets, focused on supporting Sui ecosystem builders and deploying new technologies utilizing the Sui blockchain protocol.

Ethereum’s derivatives market may be sending bullish signals as futures open interest surged more than 12% to a record $20.8 billion on Friday. According to a report from CryptoQuant, Ethereum OI-weighted futures funding rates have surged multiple times over the past week to new all-time positive highs, suggesting that bullish traders are in the driver’s seat. The CryptoQuant report added that according to Coinglass data, the current funding rate is 0.0374%, suggesting that market sentiment is bullish on price increases in the short term.

The British government will draft a regulatory framework to oversee the cryptocurrency industry early next year to keep pace with the United States and Europe in the industry, a senior British minister said.Tulip Siddiq, economic secretary of the British Treasury, said at a conference in London on Thursday that stablecoins and pledge service rules will become part of a single overall regime for crypto assets. It was previously expected that legislation in these two areas would be passed by the previous Conservative government this summer, but the general election disrupted the legislative process.

Crypto exchange Binance said that as its compliance department continues to rapidly build, it expects to have 645 full-time compliance employees by the end of this year, an increase of 34% from November last year. According to a press release issued by Binance on Friday, including contractors, the cryptocurrency exchange has more than 1,000 employees dedicated to compliance work.

James Butterfill, head of research at CoinShares, wrote on the X platform that the total assets under management of digital asset ETPs reached $150 billion for the first time, mainly due to the rise in Bitcoin prices.

Zircuit announced that its native token $ZRC will be officially open for trading on November 25, 2024, and revealed that it will release a major product next week. Currently, Zircuit has 342,000 on-chain wallet users.