Clearing and Settlement


Finance

ClearToken Raises $10M From Institutional Investors Including Nomura’s Laser Digital

The crypto clearing house plans to start preliminary settlement services in the U.K. this year, subject to regulatory approval.

headshot of ClearToken CEO Benjamin Santos-Stephens

Policy

Prometheum Earns Final Regulatory Nod to Try Hand at Fully-Compliant Crypto

The U.S. platform, which drew industry barbs for insisting crypto can comply with SEC rules, is now approved for clearing, though it won't begin for a few months at least.

Prometheum founder and co-CEO Aaron Kaplan went on CoinDesk TV to discuss is Financial Industry Regulatory Authority (FINRA) broker-dealer license approval. (CoinDesk)

Policy

Ex-FTX Unit LedgerX in Gray Area Beyond CFTC Proposal on Customer Funds: Commissioner

The U.S. derivatives regulator proposed a new rule for how regulated firms should invest clients' funds, but a CFTC commissioner pointed out it doesn't address LedgerX.

The U.S. Commodity Futures Trading Commission would be granted far-reaching authority over crypto trading and regulation in a new Senate bill. (Jesse Hamilton/CoinDesk)

Policy

U.S. CFTC Warns About Clearing Derivatives Tied to Digital Assets

The derivatives agency said that clearing organizations need to address risks as they move into the crypto space, and Commissioner Johnson suggests it's time for agency rules on this point.

The U.S. Commodity Futures Trading Commission would be granted far-reaching authority over crypto trading and regulation in a new Senate bill. (Jesse Hamilton/CoinDesk)

Policy

DLT-Powered Financial Markets Could Save $100B Per Year, TradFi Study Says

The Global Financial Markets Association called for regulators to be more open to the tech underpinning cryptocurrency.

A new study looks at DLT use in financial markets (Lorenzo Cafaro/Pixabay)

Policy

London Stock Exchange Group Unit to Clear Bitcoin Index Futures, Options

LCH said its partnership with trading venue GFO-X shows its commitment to the crypto asset class

The financial district in London (Albrecht Fietz/Pixabay)

Policy

FTX Direct Clearing Plan Was Nowhere Close to Being Approved, CFTC Chief Says

Rostin Behnam, the agency's chairman, did say FTX executives met frequently with the regulator.

CFTC Chairman Rostin Behnam (Danny Nelson/CoinDesk)

Policy

CFTC’s Behnam Calls FTX Idea a Potential ‘Evolution’ in Market Structure

Chairman Rostin Behnam says the FTX proposal for directly clearing certain crypto derivatives without intermediaries is still being weighed and would mark a “significant shift.”

Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (Jesse Hamilton/CoinDesk)

Policy

BoE's Cunliffe Cautions Against 2008 Repeat With FTX's Derivatives Rule Change Proposal

The Bank of England official is skeptical whether decentralized finance will ever be a thing.

Sam Bankman-Fried, CEO de FTX. (Stefani Reynolds/Bloomberg via Getty Images)

Markets

London Stock Exchange Watching for 'Interesting' Blockchain Use Cases: CEO

The London Stock Exchange is waiting to see which blockchain use cases gain traction before taking the plunge itself, CEO Nikhil Rathi has said.

LSEG expands to include digital assets in its SEDOL Masterfile securities database. (spatuletail/Shutterstock)

Pageof 2