Globacap, recently authorised by the FCA, will use Archax as a secondary market for security tokens created for its clients.
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.
Two new reports provide intellectual underpinning for more active engagement by central banks in digitalisation initiatives.
FINMA has said its approach to crypto is more conservative due to comparatively high volatilities of the underlying assets.
Regulator’s fintech sandbox working with several blockchain specialists.