Decentralized derivatives protocol ZKX raises $4.5m in seed funding from StarkWare, Alameda Research & more – GlobeNewswire
DUBAI, United Arab Emirates, July 14, 2022 (GLOBE NEWSWIRE) — ZKX, the first permissionless derivatives trading protocol built on StarkNet, StarkWare’s L2 network that leverages ZK rollups, announced it has raised $4.5m in seed funding. Investors include StarkWare, Alameda Research, Amber Group, Huobi, Crypto.com and others. In addition, ZKX received investment from notable individual investors […]
KKR’s first asset-based finance fund raises $2.1 bln – Reuters.com
Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register July 13 (Reuters) – Global Investment firm KKR & Co Inc (KKR.N) on Wednesday closed its […]
Reporting Refreshed: Amendments Proposed to Harmonize Canadian Derivatives Reporting Rules – McMillan LLP
Reporting Refreshed: Amendments Proposed to Harmonize Canadian Derivatives Reporting Rules July 11, 2022 Capital Markets & Securities Bulletin 9 minute read Despite a strong desire to harmonize the reporting of over the counter (“OTC”) derivatives transactions in every Canadian jurisdiction, the requirements for transaction reporting are not nationally harmonized. This lack of consistency presents challenges […]
Russia’s Finance Ministry Supports Circulation of Stablecoins in Country – Finance Bitcoin News – Bitcoin News
The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay the ground for a new financial system, the department is unsure if it will be better than the current one. Russia’s Minfin Open to Legalizing […]
FTX Seeks CFTC Approval on Derivatives Proposal – Blockworks
FTX proposes to let individual investors post margins directly instead of going through a broker CFTC is currently considering FTX’s proposal and evaluating public comments Cryptocurrency exchange FTX is looking to get Commodity Futures Trading Commission (CFTC)’s approval to allow individual investors to use derivatives to place leveraged bets on bitcoin, the Wall Street Journal […]
CSA Seek Comments on Enhanced OTC Derivatives Data Reporting Amendments – JD Supra
Proposed amendments are intended to reduce regulatory burden by aligning over-the-counter (OTC) derivatives data reporting requirements with international standards developed by the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) while simultaneously improving data quality and consistency. The CSA recently announced proposed amendments to the various multilateral instruments, […]
Hxro Begins Testing Crypto Derivatives Trading Platform on Solana – CoinDesk
“Likely one of the causes of the issues that we’re dealing with now in the marketplace is a lot of risks ended up being managed almost by relationship, where you looked at a firm like Three Arrows Capital, and made assumptions about them without actually doing the level of due diligence that needed to be […]
Can crypto contagion infect mainstream finance? – Financial Times
The crypto carnage has one silver lining: the broader financial system has been spared. From Brussels to Washington, finance watchdogs downplay the risk of turmoil spilling into other markets and argue that their own actions have protected banks from the crypto tailspin. “This contagion did not extend into the traditional banking and finance sector,” Michael […]
Hong Kong’s top finance executives bank on city to thrive as gateway to China – Reuters.com
HONG KONG, June 27 (Reuters) – In 1997, the world watched as Britain returned Hong Kong to Chinese rule, with some pessimistic or wary about the outlook for the city and its role in the global financial system. Twenty-five years later, Hong Kong has so far retained its status as a financial hub, and some […]
Coinbase Derivatives Exchange to Make Nano Bitcoin Futures Available Through Leading Brokers – Traders Magazine
Boris Ilyevsky Coinbase Derivatives Exchange, a CFTC regulated Designated Contract Markets (DCM) futures exchange, will launch its first listed crypto derivatives product on June 27: Nano Bitcoin futures (BIT). Boris Ilyevsky, Head of Coinbase Derivatives Exchange, said that initially, BIT futures will be available for trading via several leading broker intermediaries, including retail brokers EdgeClear, Ironbeam, NinjaTrader, Optimus Futures, Stage 5, […]
