The company said late Tuesday that the service, which leverages its Crypto Finance business as a sub-custodian, is expected to launch in April 2025, providing institutions with secure and regulated access to digital assets. Jens Hachmeister, Head of Issuer Services & New Digital Markets at Clearstream, stated: “Offering crypto custody is the next step on…
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Effective 31 March 2025, the firm said Crypto.com’s market data will be integrated into CF Benchmarks’ CME CF Bitcoin-Dollar Indices, CME CF Ether-Dollar Indices, and CME CF Ether-Bitcoin Ratio benchmarks. The addition is expected to strengthen the representativeness and integrity of CF Benchmarks’ pricing products, which now draw data from eight constituent exchanges. “As the…
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It was revealed Tuesday that the transaction, a block trade, was carried out between Cumberland DRW and Galaxy and cleared by Marex. "We are pleased to see such early and strong support for these new options products," said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group. "These smaller-sized, cash-settled contracts, with expiries available…
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The company revealed that on February 21, 2025, the SEC’s Enforcement Division notified RHC in a letter that it had concluded its inquiry. The investigation stemmed from a Wells Notice issued to RHC in May 2024, which suggested that the SEC was considering enforcement action. “We applaud the staff’s decision to close this investigation with…
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As part of the collaboration, Deutsche Bank will now provide fiat currency deposit services, allowing HashKey Exchange clients to deposit Hong Kong dollars and US dollars into virtual accounts managed by the bank. The bank explains that the initiative introduces an alternative deposit option, utilising API-based virtual account solutions to streamline transactions. The partnership also…
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SCBHK, which has actively participated in HKMA’s tokenised money projects, will contribute its bank-grade infrastructure and governance to the JV. “Stablecoins play a critical role in the overall digital asset ecosystem,” said Bill Winters, Group Chief Executive of Standard Chartered. “Standard Chartered’s bank-grade infrastructure, governance and global reach mean that we are in a good…
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The cryptocurrency exchange secured a Virtual Asset Service Provider (VASP) registration from Argentina’s National Securities Commission (CNV). The registration allows the company to operate within the country’s legal framework for virtual assets. Argentina, where Coibase says five million people use cryptocurrencies daily, presents a key market for Coinbase. According to Coinbase, 87% of Argentinians believe…
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The fintech-focused firm said the deal accelerates its digital asset strategy and “positions the company for future growth in the rapidly evolving digital asset ecosystem.” Funded entirely through internal resources, the deal integrates Bake.io’s web application and mobile app into GST’s operations. Bake, a retail-focused cryptocurrency investment platform, provides features such as staking, swaps, and…
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The collaboration aims to support financial firms in complying with the European Union’s (EU) Markets in Crypto-Assets (MiCA) regulations, set to take effect on 30 December 2024. The platform is expected to deliver integrated communications, data, and disclosure generation. The integration of CCRI’s sustainability metrics into Broadridge’s ClearFi platform is seen as a way of…
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Through the collaboration, the company explained that Standard Chartered will deliver a range of services, including cash management, trading, and custody, strengthening the infrastructure supporting USDG and USDL in Singapore and the UAE. According to Paxos, both stablecoins are fully backed by US dollar reserves and operate under strict regulatory oversight. The company added that…
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