Deutsche Börse Group, Société Générale Group, and Société Générale – Forge (SG-Forge) are working together to hasten the integration of token-based cash solutions with traditional financial market infrastructures, which is likely to help advance the usage of stablecoins. The combined offerings to come would conform to the E.U.’s Markets in Crypto-Assets Regulation (MiCA), officials add…. Read More >>
Should the CFTC Regulate Digital Commodity Trading?
Should the Commodity Futures Trading Commission (CFTC) have the authority to regulate digital commodities? That has been a major question as cryptocurrencies, tokenization, and other digital assets have grown in popularity, and as the Trump team has appointed regulatory heads who are taking a pro-innovation stance on digital assets. Key members of the U.S. Senate… Read More >>
BNY to Provide Support for WisdomTree Prime
WisdomTree, Inc. has appointed the Bank of New York Mellon Corp. (BNY) as its banking-as-a-service (BaaS) infrastructure provider for WisdomTree Prime, a retail platform for tokenized assets and cryptocurrency, officials say. WisdomTree is BNY’s first retail digital assets BaaS client. WisdomTree is an exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager. “WisdomTree… Read More >>
FSB Warns Against Gaps in Digital Assets Regulation
The Financial Stability Board (FSB) is pushing jurisdictions to make their regulation of cryptocurrencies and other digital assets more consistent with the FSB’s framework and to follow new recommendations aimed at facilitating a cohesive oversight of the global crypto-asset market and preventing regulatory arbitrage. A new peer review progress report from the FSB cites “significant… Read More >>
The CFTC Takes a U-Turn on Digital Assets
Earlier this month, amid a flurry of executive orders, policy shifts, and layoffs of federal workers, the Commodity Futures Trading Commission (CFTC) charted a new course for its policies toward digital asset regulation. It is a dramatic change that puts the regulator in a new alignment with the Trump administration, the U.S. Department of Justice,… Read More >>
Departing CFTC Chairman Urges Guardrails for Digital Assets
The incoming Trump administration will have clean slates as far as regulating U.S. securities and commodities markets as Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced on January 7 that he will be stepping down from his position on January 20 with his final day being Friday, February 7. Behnam was… Read More >>
FlexTrade Offers Direct Link to Coinbase Prime
FlexTrade Systems, a maker of multi-asset execution and order management systems, is now able to offer a direct integration with Coinbase Prime, an institutional prime broker platform for digital and crypto assets, officials say. Coinbase Prime offers its institutional prime brokerage for crypto assets whose integrated platform supports the entire transaction lifecycle, officials say. Coinbase… Read More >>
FTF FOCUS: Digital Assets Reshape Custody
Digital assets are rapidly becoming a part of the landscape for global securities markets and are disrupting established operations such as custody and prime brokerage services. In this issue of FTF Focus, we offer an in-depth view into the cutting-edge of custody, tracking how digital assets are redefining the sector. The report also covers another… Read More >>
CFA Guide Helps Advance Crypto Asset Valuation
An association for investment professionals, the CFA Institute, says that it is doing its part to foster a framework for crypto asset valuation by issuing a guide intended to help financial services firms working with smart contract platforms, decentralized applications, and bitcoin. The guide, “Valuation of Cryptoassets: A Guide for Investment Professionals,” was developed by… Read More >>
SS&C’s Black Diamond Gets CRM Module & Other News
SS&C Offers CRM via Managed Services SS&C Technologies has integrated a customer relationship management (CRM) module into the SS&C Black Diamond Wealth Platform that offers managed services that are intended to reduce IT maintenance burdens, officials say. The Black Diamond CRM module “complements SS&C’s existing CRM solutions, Salentica Elements and Salentica Engage,” and will provide a… Read More >>
