Aite Group report finds OTC market accounted for 60% of all cryptocurrency trades in 2018, expected share to grow to 65% in 2019.
German exchange group has partnered with Swisscom and FinTech company Sygnum to build a regulatory compliant financial market infrastructure for digital assets.
Steven Maijoor also talked down development of a bespoke regulatory regime for crypto-assets during keynote speech in Brussels.
Platforms trading crypto-assets that qualify as financial instruments should be subject to the rules, but ESMA has advised a bespoke regime be implemented for firms trading crypto-assets outside of the MiFID scope.
PwC Hong Kong crypto lead expects more participants in the cryptocurrency space this year despite ongoing bear market and widespread regulatory concerns.
John reviews the best of The TRADE’s coverage of cryptocurrencies over the past 12 months.
New business known as Fidelity Digital Assets will offer custody and trade execution of cryptocurrencies.
Roland Schwinn, regional head of Asia for Eurex, believes “the digitisation of assets has started", with firms either trading or observing crypto.
New digital asset platform and ecosystem business Bakkt due to go live in November, initial focus on Bitcoin trading.