Archax to provide secondary market for Globacap token issuance
Globacap, recently authorised by the FCA, will use Archax as a secondary market for security tokens created for its clients.
Regions
Digital asset custodian to launch platform supporting cryptocurrencies and tokens
Platform developed to secure digital asset investments with customisable custody solutions and institutional grade security and controls.
LSEG provides tech to Hong Kong crypto exchange
Deal with Hong Kong-based digital asset exchange sees LSEG step into the crypto world.
Regulation
ESMA: Crypto platforms should trade under MiFID II rules
Platforms trading crypto-assets that qualify as financial instruments should be subject to the rules, but ESMA has advised a bespoke regime be implemented for firms trading crypto-assets outside of the MiFID scope.
Support grows for central bank digital currency
Two new reports provide intellectual underpinning for more active engagement by central banks in digitalisation initiatives.
Swiss regulator taking more conservative approach with crypto
FINMA has said its approach to crypto is more conservative due to comparatively high volatilities of the underlying assets.
Eurex’s Asia head says ‘most proprietary trading firms are already trading digital currencies’
Roland Schwinn, regional head of Asia for Eurex, believes “the digitisation of assets has started", with firms either trading or observing crypto.
Singapore liquidity provider launches crypto OTC trading service
Tilde aims to bring greater liquidity and transparency to Asian crypto trading markets.
FCA in talks with blockchain firms
Regulator’s fintech sandbox working with several blockchain specialists.