A Group of 30 Global Central Securities Depositories Is Exploring Crypto Custody
A group of central securities depositories (CSDs) is seriously looking at how they might custody digital assets.
Former acting CFTC Chairman and LedgerX board member Mark Wetjen is the new CEO at Miami International Futures Exchange, where he will build out its crypto asset and derivatives products.
LedgerX CEO and COO Paul and Juthica Chou have been "placed on administrative leave" by the company, with DTCC vice chairman Larry Thompson filling in.
A comprehensive framework shared by all participants will negate any risks associated with blockchain, the derivatives repository giant says.
The DTCC has pushed back the release of its blockchain-based post-trade system for derivatives by several months, in part because of Brexit.
The DTCC has laid out guidelines for the post-trade processing of tokenized securities, aimed at market participants and regulators.