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Crypto / Digital Assets
Nasdaq Seeks Regulatory Approval to Launch Bitcoin Options
By Editors | 31/08/2024
Nasdaq said the options will enable investors to hedge their cryptocurrency investments. NYSE also applied for a similar approval earlier this year.

Crypto / Digital Assets
New Zealand to Implement Global Tax Reporting Framework for Crypto
By Jaya Prakash Balakrishnan | 31/08/2024
New Zealand crypto firms will start reporting user and transaction data to the Inland Revenue Department by 30 June 2027.

Crypto / Digital Assets
WFE Offers Recommendations on Crypto Custody Practices
By Editors | 30/08/2024
The recommendations draw lessons from traditional finance to guide crypto custody providers in creating a safer space for investors.

Crypto / Digital Assets
BCBS Paper Warns of Risks in Permissionless DLT Systems
By Manesh Samtani | 30/08/2024
New working paper describes the risks associated with permissionless DLT, highlighting the need for banks to adopt robust risk management strategies.

Crypto / Digital Assets
US SEC Settles Charges Against Crypto Firm Abra
By Editors | 30/08/2024
The SEC said Abra operated as an unregistered investment company and sold a retail crypto asset lending product that should have been registered.

Crypto / Digital Assets
HSBC Completes 3 PoC Use Cases in Project Ensemble Sandbox
By Sanday Chongo Kabange | 30/08/2024
The three PoC use cases involve digital bonds, interbank transfers of tokenised deposits, and eBL settlement via tokenised deposits.

Crypto / Digital Assets
US SEC Planning Legal Action Against NFT Platform OpenSea
By Editors | 29/08/2024
OpenSea CEO Devin Finzer said the SEC is threatening to sue because “they believe NFTs on our platform are securities”.

Crypto / Digital Assets
HKMA Launches New Sandbox for Tokenised Asset Transactions
By Sanday Chongo Kabange | 29/08/2024
The Project Ensemble Sandbox will facilitate interbank settlement using tokenised money for transactions involving tokenised assets.

Sanctions
Russia Set to Start Testing Crypto in International Payments
By Editors | 29/08/2024
The trials will commence in September. If successful, Russia may allow the Moscow Exchange to set up crypto platforms next year.

Crypto / Digital Assets
CME to Launch Weekly Bitcoin Futures on 30 September
By Editors | 29/08/2024
The new contracts will be cash-settled at 4pm New York time every Friday to help investors mitigate weekend price moves.
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