Digital Assets

Cryptocurrency

Japan FSA Directs Crypto Firm to Report on $300m Theft

By Editors | 06/06/2024

The FSA directed DMM Bitcoin to investigate and report on the cause of the theft. The government will monitor these efforts and “respond appropriately”.

CBDCs

Project mBridge Ready for Live Transactions by Early Adopters

By Manesh Samtani | 06/06/2024

Private sector firms are invited to further develop the multi-CBDC platform by proposing new solutions and use cases.

Cryptocurrency

No Penalty for Block Earner, Australian Court Rules

By Sanday Chongo Kabange | 05/06/2024

The Federal Court said Block Earner will not have to pay a penalty as it acted “honestly” before offering its “Earner” product.

CBDCs

BIS Launches New Project to Enhance Cross-border Payments

By Manesh Samtani | 05/06/2024

The project will explore a new automatic FX settlement layer solution for cross-border payments, using wCBDC as a settlement asset.

Cryptocurrency

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.

Cryptocurrency

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.

Payments & Settlements

Marketnode Set to Launch New Funds Settlement Infrastructure

By Editors | 04/06/2024

Fundnode will be ready within June with a network of partners including fund managers, wealth managers, and private banks.

Tokenisation

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”.

Cryptocurrency

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.