Custody & Infrastructure

Custody & Infrastructure

StanChart to Launch Digital Asset Custody Services from Dubai

By Editors | 13/05/2023

The UAE has a “well-balanced approach” to digital assets, making it an “ideal first market” for the launch, said CEO Bill Winters.

Custody & Infrastructure

China Unveils National Blockchain Centre to Boost DLT Innovation

By Mark Johnston | 12/05/2023

The centre will develop blockchain technology and train over 500,000 DLT specialists in China.

Custody & Infrastructure

30 Firms to Launch “Network of Networks” for Digital Assets

By Editors | 11/05/2023

The Canton Network will provide a decentralised infrastructure that connects independent applications like Deutsche Börse’s D7 post-trade platform and Goldman’s GS DAP.

Cryptocurrency

Korea’s New Crypto Bill Passes Key Legislative Subcommittee

By Philip Gant | 28/04/2023

The “Virtual Asset User Protection Bill” consolidates and reconciles 19 legislative proposals introduced over the two years since May 2021.

Structural Regulation

Thailand to Defer Publication of Virtual Banks Framework

By Editors | 28/04/2023

The BOT said it received “helpful” consultative feedback and now needs more time to clarify the licensing conditions and produce an application manual.

Custody & Infrastructure

FIX Protocol Adopts Digital Token Identifier ISO Standard

By Editors | 24/04/2023

Adding the DTI to FIX will allow the industry to incorporate the trading and settlement of digital assets into their current trading and settlement operations.

Cryptocurrency

VC Firm Tribe Capital Eyes $250m Fund Raise to Restart FTX

By Mark Johnston | 24/04/2023

FTX’s creditors are in talks with Tribe Capital, a venture capital firm that is interested in leading a $250mn fund raise to restart the exchange.

Cryptocurrency

Russia Plans to Allow Crypto in Cross-border Trade Deals

By Editors | 21/04/2023

Special organisations will be created to mine crypto and process payments for cross-border export and import deals.

Stablecoins

Societe Generale Launches EUR Stablecoin on Public Blockchain

By Editors | 21/04/2023

The stablecoin’s legal structure guarantees complete segregation of the collateral assets held to back its value.