The Financial Conduct Authority (FCA) will not object to requests from Recognised Investment Exchanges (RIEs) to create a UK-listed market segment for cryptoasset-backed Exchange Traded Notes (cETNs). These products would be available for professional investors, such as investment firms and credit institutions authorised or regulated to operate in financial markets only. Exchanges will need to […]
Archax, a leading institutional-grade digital asset exchange, broker, and custodian, announces it has deepened its partnership with the HBAR Foundation, the non-profit organization supporting the Hedera Hashgraph network. The expanded partnership will focus on expanding support for HBAR staking, the native cryptocurrency of the Hedera network, and pursuing further tokenization projects. Building on the recent […]
In a significant move towards fostering innovation in the asset management sector, the Economic Secretary to the Treasury’s Asset Management Taskforce, following its re-establishment in April 2023, has unveiled a Technology Working Group. Chaired by Michelle Scrimgeour, CEO of Legal and General Investment Management (LGIM), the group comprises industry experts collaborating closely with the Financial […]
