Blockchain Adoption: Hong Kong Exchange Launches New Settlement Platform to Connect with Users in China

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Blockchain Adoption: Hong Kong Exchange Launches New Settlement Platform to Connect with Users in China
Hong Kong Exchanges and Clearing Limited (HKEX), which operates a range of equity, commodity, fixed income, and currency markets, has unveiled an equities settlement acceleration platform called "Synapse."  The newly launched platform will leverage smart contracts programmed in DAML to streamline post-trade processes and improve operational efficiencies, according to a Wednesday press release. ... Read More: Blockchain Adoption: Hong Kong Exchange Launches New Settlement Platform to Connect with Users in China
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Cathie Wood’s ARK Invest Sells Coinbase Ne...

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Cathie Wood’s ARK Invest trims exposure to Coinbase while loading up on more Robinhood shares. Image by Tom, Adobe Stock. Cathie Wood’s ARK Invest continues to make moves in the crypto sector, trimming its Coinbase stake while adding to its Robinhood position. The asset management firm sold nearly $5.3 million worth of Coinbase shares on The post Cathie Wood’s ARK Invest Sells Coinbase Near Top, Loads Up on Robinhood appeared first on Cryptonews.

Additional Regulations May be Needed to Pr...

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Additional regulation may be needed to prevent another FTX-style collapse according to a new report from the Financial Stability Board (FSB) released Tuesday, November 28th. The report’s goal The international financial monitoring body’s report particularly focuses on multifunction crypto-asset intermediaries (MCI), which they define as “individual firms, or groups of affiliated firms, that combine a The post Additional Regulations May be Needed to Prevent Another FTX Style Catastrophe, FSB Report appeared first on Cryptonews.

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