The test will explore bilateral digital asset trades, foreign currency payments, multicurrency clearing and settlement, fund management and automated portfolio rebalancing.Source
Libeara will enable the creation of a tokenized Singapore dollar government bond fund.Source
The notional open interest in the global BTC options market stood at $17.5 billion at press time, while open interest in the futures market was $15.84 billion.Source
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.Source
Large movements in spot markets led to open interest surging to $35 billion over the weekend, indicating highly leveraged bets from traders hoping for even higher prices.Source
Asset manager CoinShares along with crypto custody joint venture Komainu are aiming for TradFi standards in derivatives settlement with much reduced counterparty risk.Source
The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market.Source
The exchange’s valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report.Source
This final approval allows the firm to offer digital asset custodial services to institutional clients and sophisticated investors in Dubai.Source
His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.Source