Markets & Infrastructure

Cryptocurrency

US Exchanges Commence Trading in First Spot Ether ETFs

By Editors | 24/07/2024

Nine ETFs saw $1.07bn worth of shares traded on the first day, resulting in net inflows of around $106.7mn.

Cryptocurrency

BOK Amends Rules to Enable Data Collections from VASPs

By Manesh Samtani | 24/07/2024

VASPs will be required to submit business reports to BOK every quarter, as well as other information if requested by the central bank.

Trading & Investment

HKIFA Proposes Enhancements for ETF Connect Initiative

By Sanday Chongo Kabange | 24/07/2024

HKIFA says Stock Connect ETF eligibility requirements should be further relaxed and Hong Kong issuers should be allowed to market in the mainland.

Clearing & Post-Trade

ISDA Calls for Greater Digitisation of Derivatives Documentation

By Ranamita Chakraborty | 24/07/2024

An industry survey has revealed that the average time taken to negotiate derivatives documents hasn’t fallen since 2006.

Payments & Settlements

India Launches Digital Payments Wallet for Inbound Travellers

By Ajoy K Das | 24/07/2024

The ‘UPI One World’ wallet is a prepaid payment instrument enabling visitors to India to make cashless payments across the country.

AI Risk & Governance

US, European Competition Regulators Sign AI Agreement

By Nithya Subramanian | 24/07/2024

Given the rapid growth of AI, authorities will work to ensure effective competition as well as fair and honest treatment of consumers and businesses.

Fraud, Scams & Cybercrime

RBI Flags Concerns Over Digital Fraud, Outsourcing Risks

By Ajoy K Das | 24/07/2024

RBI governor Shaktikanta Das called on banks to strengthen customer onboarding and transaction monitoring to address digital fraud.

Cryptocurrency

Crypto Firm Gate.io Leaves Japanese Market to Comply With Law

By Thisanka Siripala | 24/07/2024

Gate.io said it has stopped opening new accounts for Japanese residents and will remove Japanese language support.

AI Risk & Governance

China Concludes Third Plenum With Release of Economic Blueprint

By Editors | 23/07/2024

The blueprint for the economy mostly reiterates policy priorities that have been announced over the last few years.