The Role of Reference Points in Achieving Equilibrium Efficiency in Fair and Socially Just Economies

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…

PayPal and Google announce a multiyear deal to merge payments and artificial intelligence.

Coinbase launched regulated savings account in the United Kingdom, giving UK users a chance to earn 3.75% annual equivalent rate (AER) interest on their pound deposits, reportedly paid daily.According to the exchange, the Coinbase Savings Account, powered by ClearBank, offers instant deposits and withdrawals, no lockups, and no minimum balance requirements.Digital assets meet tradfi in London at the fmls25Eligible users can reportedly access the account, which provides FSCS protection for balances up to £85,000 across all ClearBank accounts. The company now offers what it described as fully regulated savings account in the UK.Merging Crypto With Everyday FinanceCoinbase CEO Brian Armstrong said the launch marks another milestone in connecting traditional finance with the digital economy. The company views the savings product as a bridge between fiat and crypto, allowing users to manage everyday savings and digital assets within the same platform.Coinbase secured its registration as a Virtual Asset Service Provider (VASP) with the Financial Conduct Authority in February 2025, solidifying its regulatory standing in the UK. The firm is positioning the savings account as part of a broader strategy to develop a full suite of financial services for both retail and institutional clients.The launch also places Coinbase in direct competition with fintech players such as Revolut, which already offers savings, spending, and crypto conversion features through its superapp.Revolut stepped into the UK savings market, initially offering a 1.35% annual equivalent rate. But currently the company offers up to Up to 4.5% AER interest reportedly paid daily. No withdrawal fees. No minimums. Instant access anytime.Direct Competition with RevolutThe account was launched in partnership with cash deposit platform Flagstone and Paragon Bank, is reportedly protected under the Financial Services Compensation Scheme also for balances up to £85,000. Another well-known publicly listed fintech firm WISE introduced in 2022 a similar offering to enable UK customers to earn interest on their account balances in line with local central bank rates. The feature reportedly allows money held in a Wise Account to generate returns through government-backed assets linked to the Bank of England, the US Federal Reserve, and the European Central Bank rates.The “Interest” product applies to GBP, USD, and EUR balances, letting customers retain earnings directly from their funds. With this offering, Wise aims to provide an alternative to traditional banks, where deposits often earn little or no interest while being lent out to others. This article was written by Jared Kirui at www.financemagnates.com.