ISDA says the definitions set clear provisions for execution and settlement and will help to reduce credit and market risk in digital asset trading.
January 27, 2023The ETF traded 92,550 units on its first day, compared to 1,435,800 units traded between CSOP's two ETFs on their first day last month.
January 16, 2023The ETFs are being launched by CSOP Asset Management, one linked to Bitcoin futures and the other to Ether futures traded on the CME.
December 15, 2022Three fund managers have submitted applications to the SFC seeking approval to list ETFs in Hong Kong that invest in bitcoin and ether futures.
December 7, 2022MAS will require Singapore banks to apply a 1250% risk weight for exposures to Bitcoin and Ether, pending the finalisation of the BCBS framework.
November 30, 2022ISDA will also consider developing collateral documentation for OTC crypto derivatives transactions and standard contracts for crypto swaps and physically-settled transactions.
November 16, 2022Union Bank's digital asset platform, developed by Swiss firm Metaco, went live last week, offering trading in bitcoin and ether.
November 10, 2022ETFs with crypto exposure through CME-listed BTC and ETH futures can be distributed to Hong Kong retail clients. The “professional investor only” requirement is under review.
November 1, 2022Holon has disclosed the risk that assets in the three funds could face a total loss of value. ASIC considers the funds not suited to the "wide target market" defined in the TMDs.
October 18, 2022BNY Mellon is the first systemically important US bank to launch a crypto custody platform, leveraging technology from Fireblocks and Chainalysis.
October 14, 2022