Digital Assets in Focus

Edition 19 of DAIF includes a stark warning from BIS that the largest crypto platforms must now act like banks, plus there’s been lots of action in the UK market with the government announcing regulation designed to provide crypto clarity, while Coinbase has listed its first GBP stablecoin. 

Edition 18 of DAIF includes news that Nasdaq has received SEC approval to integrate blockchain-based digital tokens directly into its core equity markets for the first time, while the NYSE has signed an MoU with Securitize to build a native on-chain platform designed for 24/7 trading and instant settlement, effectively decoupling from legacy clearing systems.

Edition 17 of DAIF includes news that the SEC and CFTC will work together to regulate crypto, while the SEC has also issued guidance on the definition of digital securities and approved NASDAQ for tokenised trading.

Edition 16 of DAIF features a number of moves by big US organisations to grow and streamline the use of digital assets, including Nasdaq’s strategic partnership with Seturion, and the Fed’s announcement that US banks can now treat tokenised securities as equivalent to conventional securities for capital.

Edition 15 of our packed newsletter features LSEG’s creation of a digital securities depository (DSD), LMAX’s new Omnia Exchange, and news that xStocks is now available to trade on Deutsche Börse-backed 360X. Plus, Standard Chartered and B2C2 have partnered to widen institutional access to digital assets.

Edition 14 of our newsletter includes further recognition of DLT-based assets as collateral, stablecoin launches in the US and UAE, and more movement around the regulation of digital assets.

Edition 13 of our newsletter includes news on BNY’s extension of its digital cash capabilities for institutional clients, State Street’s launch of a new digital asset platform, and LSEG’s launch of its digital settlement service. 

Edition 12 of our newsletter features news on the OECD’s CARF global crypto tax reporting regime, the Brazilian Stock Exchange’s tokenisation platform and stablecoin launch, and BitGo securing OCC approval to convert to a federally chartered national trust bank. 

Edition 11 of our newsletter features significant rule updates, including the UK’s formal recognition of Crypto as personal property, plus confirmation from the OCC that national banks can execute riskless principal crypto trades, and the CFTC’s launch of a pilot allowing bitcoin, ether and USD Coin to be used as collateral in US derivatives markets.

Edition Ten of our newsletter includes significant news around stablecoin adoption, action from the Australian government on digital assets, further regulatory moves, and the assertion from Erik Thedéen, chair of the Basel Committee on Banking Supervision, that new crypto rules might now be required for banks.