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An Australian court has ruled in favour of the country's securities regulator against the local operator of the Kraken crypto exchange over design and distribution obligations when offering a margin trading product.
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State Street is to add tokenization and digital custody services to its digital assets business through a deal with infrastructure provider Taurus.
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US crypto index fund manager Bitwise Asset Management has expanded into Europe through the acquisition of London-based crypto exchange-traded product issuer ETC Group. Financial terms were not disclosed.
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Wealthtech entrepreneur John Wise and PE firm Stellex Capital Management have acquired S&P Global's Fincentric business with a view to providing digital experiences and financial data distribution to the wealth, broking and asset management industries.
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Australia's Securities and Investment Commission is suing the country's top exchange over misleading statements about the progress of its much delayed and now abandoned blockchain-based Chess replacement system.
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