DTCC, Clearstream and Euroclear expand digital asset partnership with establishment of control principles
The market infrastructure triumvirate calls for market-wide mobilisation of support for digital asset standards.
The market infrastructure triumvirate calls for market-wide mobilisation of support for digital asset standards.
New offering will allow participants to access a broad range of currency pairs, which will mirror the traditional FX market experience.
The collaboration seeks to help create an attractive marketplace for digital assets to increase trading activity and improve operational efficiency.
New digital token identifier (DTI) marks a milestone for the regulation of digital asset derivatives, with previous reporting solely focused on traditional financial instruments.
Clearing services will be provided for cash-settled Bitcoin derivatives traded on GFO-X through LCH DigitalAssetClear.
Simultaneously, the watchdog has launched its third, and final, consultation package under the Markets in Crypto-Assets (MiCA) regulation.
Under the terms of the settlement, the Securities and Exchange Commission (SEC) will not receive any portion of the penalty until payment of all other allowed claims by the bankruptcy court have been completed.
Development will also provide connectivity, consolidated depth of book and order placement within FlexTRADER and FlexONE.
Named Deutsche Börse Digital Exchange, the platform will offer a fully regulated ecosystem for trading, settlement and custody of crypto assets.
The transaction involved using HK$-denominated bonds as collateral from the largest digital bond issuance globally and is expected to help build liquidity for digital bonds.