LMAX Group, a cross-asset marketplace for FX and digital assets, and Ripple, a financial technology company offering crypto solutions for businesses, have launched a partnership to “accelerate the fusion of traditional and digital capital markets,” officials say. As part of this multi-year collaboration, LMAX will integrate Ripple’s stablecoin RLUSD, which is pegged to the U.S…. Read More >>
Caroline Pham’s Legacy at the CFTC
Caroline D. Pham, the acting chairman for the Commodity Futures Trading Commission (CFTC) for most of 2025, stepped down from her post last month to make way for Michael Selig, who became the 16th chairman of the CFTC on Monday, Dec. 22, 2025. While Selig brings with him a rather full agenda focused on digital… Read More >>
CFTC Names Members of the ‘CEO Innovation Council’
Whether or not you agree with her policies and opinions, there is no question that Caroline D. Pham, the acting chairman for the Commodity Futures Trading Commission (CFTC), does not waste time. On November 25, Pham announced the creation of the CFTC CEO Innovation Council, and roughly two weeks later, on December 10, named the… Read More >>
CFTC Facilitates a Digital Assets Pilot Program
The Commodity Futures Trading Commission (CFTC) is forging ahead with its highly publicized “Crypto Sprint.” The Genius Act has facilitated a pilot program that will allow derivatives markets to explore the use of key digital assets, such as Bitcoin (BTC), Ethereum (ETH), and the USD Coin stablecoin (USDC), as collateral, according to Caroline D. Pham,… Read More >>
Time to Unify the SEC & CFTC?
Should the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) become a single, unified regulator? It’s not a new question, and recently I have been asking industry veterans if now is a good time to unite the regulators as a way of achieving regulatory efficiencies. But Timothy G. Massad,… Read More >>
BNP Paribas & HSBC Join the Canton Foundation
BNP Paribas and HSBC have joined the Canton Foundation, which is the overseer of the Canton Network, said to be the only permissioned blockchain for the financial services industry, officials say. BNP Paribas and HSBC are the latest additions to a roster of more than 30 members, including Broadridge Financial Solutions, Tradeweb, Digital Asset, Goldman… Read More >>
Japanese Firm & Chainlink Target Digital Assets
A $200 billion Japanese financial services firm, SBI Group, has entered into a “strategic collaboration” with decentralized blockchain oracle network Chainlink to push the growth of interoperable blockchains and digital assets in capital markets, officials say. A recent survey by SBI Digital Asset Holdings, SBI’s digital asset arm, found that among 50 financial firms, 76… Read More >>
BNY & Goldman Sachs Build Tokenized Solution for MMFs
The Bank of New York Mellon Corp. (BNY) and the Goldman Sachs Group, Inc. have begun a collaboration that requires BNY to use blockchain technology developed by Goldman Sachs to maintain a record of customers’ ownership of select money market funds (MMFs), representing an enhancement of “the utility and transferability of existing MMF shares,” officials… Read More >>
Regulators Want the U.S. to Rule Crypto Markets
The highly touted “Crypto Week” of July 14-18 — when Congress mulled over major legislation to kick-start the digital asset era for U.S. markets — was just the start of the Trump team’s push to have the United States dominate global crypto markets. Toward the end of last month, “The President’s Working Group on Digital… Read More >>
The SEC Is Leaving a Crypto Limbo
The smoke has cleared, the U.S. Senate confirmation process is over, and the swearing-in ceremony is part of history. There is a new sheriff in town, and SEC Chairman Paul S. Atkins made several things clear on May 19 when he made remarks before the “SEC Speaks” conference. Atkins provided a quick and useful history… Read More >>
