CRYPTO / DIGITAL ASSETS

Crypto / Digital Assets

Cboe Australia Commences Trading in New Bitcoin ETF

By Editors | 05/06/2024

The new ETF, launched by Monochrome Asset Management, is the first in Australia to hold crypto assets directly.

Crypto / Digital Assets

ESMA Issues Conflict of Interest Rules for Crypto Firms

By Editors | 05/06/2024

ESMA says crypto firms may be “vertically integrated” but must be able to identify, prevent, manage and disclose conflicts of interest.

Crypto / Digital Assets

UBS Group Completes Acquisition of Credit Suisse

By Editors | 03/06/2024

“Today we have achieved a significant milestone in our integration journey,” said UBS CEO Sergio Ermotti.

AML / KYC

Tokenisation Will Improve Correspondent Banking Model: BIS Paper

By Manesh Samtani | 01/06/2024

The next generation of correspondent banking will make “previously closed corridors economically viable once again”.

Crypto / Digital Assets

UK Sees Launch of First Six Crypto ETN Products

By Editors | 31/05/2024

21Shares and WisdomTree launched a total six ETNs on the LSE, which are fully backed by physical holdings of Bitcoin or Ethereum.

Capital / Liquidity

EU Adopts Final Basel III Rules, Confirms Jan 2025 Roll-Out

By Manesh Samtani | 31/05/2024

Earlier this week, an ECB official said Basel III should be delayed in the EU if the US is too slow to adopt its own reform plan.

Crypto / Digital Assets

NYDFS Sets Customer Service Standards for Crypto Firms

By Editors | 31/05/2024

New NYDFS guidance sets expectations for crypto firms regarding customer service, complaints response and resolution, and reporting.

Crypto / Digital Assets

NYSE to Launch Cash-settled Bitcoin Index Options

By Editors | 31/05/2024

The options contracts will track the CoinDesk Bitcoin Price Index and are subject to regulatory approval.

Crypto / Digital Assets

‘Gemini Earn’ Investors Secure Return of $2b in Crypto Assets

By Editors | 30/05/2024

Investors are receiving their digital assets “in kind”, meaning they benefit from crypto price increases since withdrawals were halted in January 2023.