Distributed ledger technology (DLT) and digital assets are becoming the preferred way to meet cash and liquidity requirements for digital securities settlements, according to a report from Citi Securities Services. However, the Bank for International Settlements (BIS) is cautioning that banks using permissionless a.k.a public blockchains face “risks related to operations and security, governance, legal,… Read More >>
E.U. Regulators Fear Combined LSE-DB Will Be a Monopoly
The European Commission has narrowed its focus into the £21 billion ($26 billion) merger of the London Stock Exchange (LSE) and Deutsche Börse to derivatives clearing, dropping many of its previous competition concerns from its investigation launched in September. They included exchange-traded products, the licensing of indexes and trading of German government bonds. The main… Read More >>
