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Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns

Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns

The Australian Securities Exchange has further postponed the replacement of its current CHESS system with a new blockchain-based settlement system due to coronavirus concerns.

European Securities and Markets Authority Prioritizes Crypto-Related Regulation

European Securities and Markets Authority Prioritizes Crypto-Related Regulation

The European Securities and Markets Authority (ESMA) announced its key priorities list for 2020-2022. In its published document “Strategic Orientation for 2020-22,” the ESMA reflected its focus on supervisory convergence and its role in building the Capital Markets Union.

Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance

Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance

The New York-based investment company, Wilshire Phoenix has filed the s-1 registration statement with the SEC for a publicly-traded Bitcoin fund in accordance with regulatory requirements.

Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading

Malaysia’s Securities Commission Legalizes Digital Asset and Crypto Trading

Malaysia’s Securities Commission, which is responsible for overseeing compliance with Islamic laws in finance, has allowed trading of digital assets.

OMG Announces Kaiko to Expand Financial Instruments Global Identifier (FIGI) Standard for Crypto Assets

OMG Announces Kaiko to Expand Financial Instruments Global Identifier (FIGI) Standard for Crypto Assets

BOSTON, MA – JANUARY 20, 2021 - Financial Instruments Global Identifier® (FIGI®) is an open standard for the issuance of unique identifiers that can be assigned to financial instruments including common stock, options, derivatives, futures, corporate and government bonds, municipals, currencies, and mortgage products.

Tezos SEA Collaborates With Singaporean Government-Backed Platform to Launch a Training Program for Tezos Developers

Tezos SEA Collaborates With Singaporean Government-Backed Platform to Launch a Training Program for Tezos Developers

Tezos Southeast Asia (TSA), a non-profit-oriented arm of Tezos, has entered into a partnership with Tribe, a Singapore government-backed blockchain platform for the sole aim to launch a training program for Tezos' developers

SEC Delays Decision on Overstock-Backed Security Token Exchange

SEC Delays Decision on Overstock-Backed Security Token Exchange

The SEC has extended the timeline for its to disapprove or approve operations by the BSTX, a security token exchanged affiliated with Overstock’s blockchain arm tZERO.

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

China Zheshang Bank, based in Zhejiang province has leveraged blockchain technology to issue the country’s first asset-backed commercial paper in the Chinese financial market. China Zheshang Bank successfully issued the “Lianxin 2020 Lianjie First Phase Asset-backed Commercial Paper,” which was worth 120 billion yuan ($16.93 billion). The asset-backed commercial paper (ABCP) was issued as a part of the National Association of Financial Market Institutional Investors’ (NAFMII) pilot project. ABCPs are short-term investments issued by financial institutions to support companies in their short-term goals.

FUSANG Exchange Announces CCB $3 Billion Digital Bond Listing Suspended

FUSANG Exchange Announces CCB $3 Billion Digital Bond Listing Suspended

FUSANG exchange announced that the listing of the $3 billion digital bond backed by China Construction Bank has been suspended.

TRX Mortgage Lending Platform  Now Available to Public On TRON’s Nile Testnet

TRX Mortgage Lending Platform Now Available to Public On TRON’s Nile Testnet

The Tron Foundation announced that the TRON TRX mortgage lending platform which is being launched on the Nile test net is available for the public testing phase, according to a medium post on Monday. The foundation believes that the platform will expand the quality of Tron ecosystem and foster awesome ecological prosperity within the loans sector.

US SEC Releases Guidelines for Digital Asset Securities as Exchanges Scramble to Delist XRP

US SEC Releases Guidelines for Digital Asset Securities as Exchanges Scramble to Delist XRP

US Securities and Exchange Commission (SEC) has issued a statement to indicate that it is open to comment from the crypto industry regarding digital asset securities.

Australia Securities Exchange Moves For Blockchain Technology, CHI-X Calls For More Regulatory Supervisions

Australia Securities Exchange Moves For Blockchain Technology, CHI-X Calls For More Regulatory Supervisions

Australia Securities Exchange (ASX) plans to switch to distributed ledger technology by April 2021, replacing its clearing system, registry, and settlement with the technology for the sole purpose of cutting costs for customers.

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