Following the launch of the FCA’s new financial promotions regime, regulatory and compliance services provider Ocorian has predicted a considerable increase in cryptoasset regulation
Its cryptoasset registration with the FCA will allow Komainu to offer crypto-custody services in the UK, including collateral management services via its Komainu Connect platform
The financial promotions technical flow is currently available through Zumo’s B2B API, with the goal of supporting unregistered firms as they work to meet FCA requirements
The report, in association with Broadridge, is a result of a survey entitled “DLT in the Real World,” which the companies have been conducting annually since 2020
Report author and Zumo’s research and policy lead Daniel Taylor says: “Sibos, with its emphasis on networking and learning, is therefore the perfect platform for launching [this report]
The companies have called for “increased collaboration to progress an ecosystem that currently includes fragmented standards, varying regulatory treatment, limited integrations with institutional-grade payment rails, and siloed liquidity
Project Sela has proven the simplicity of a retail central bank digital currency (rCBDC) ecosystem that combines accessibility, competition and preventative cyber security, while retaining key advantages of physical cash