China’s largest banks will begin withdrawing individual investors from precious metals trading linked to the Shanghai Gold Exchange on Friday, July 24, but the approaching deadline may not be as bearish for gold as it first appears. The closure removes a channel used by retail traders to take leveraged or synthetic exposure to gold. At […]Read More
The Derivatives Service Bureau has postponed any immediate overhaul of its user fee structure after industry feedback, opting instead for a broader review of how the costs of maintaining the global OTC derivatives identifier system should be shared. The move comes despite the DSB revealing that roughly three quarters of organisations using its data currently […]Read More
Sometimes the most interesting regulatory changes are not the ones that create new rules. They are the ones that quietly remove existing ones. That is what happened on July 17, when the Commodity Futures Trading Commission (CFTC) eliminated the routine daily reporting requirements for large physical commodity swaps under Part 20 of its regulations. The […]Read More
Airbnb CEO Brian Chesky said his X account was hacked and that a thread promoting real-world asset (RWA) tokenization, which circulated for days as apparent thought leadership, was written by an attacker and heavily AI-generated. The now-deleted posts argued that tokenization could make buildings, bonds and funds easier to divide, trade and settle, and referenced […]Read More
The US Securities and Exchange Commission has proposed sweeping changes that would make electronic delivery the default method for sending regulatory documents to investors, replacing a decades-old system that still relies primarily on paper mail. If adopted, the proposed Regulation E-Delivery would allow issuers, broker-dealers, investment advisers and investment companies to deliver required disclosures electronically […]Read More
Most networking in the online trading industry happens around conferences. Conversations are squeezed between panel sessions, scheduled meetings and exhibition stands, often competing with packed agendas and hundreds of other attendees. Finance Beach Mixer was built around a different idea: remove the conference altogether and make networking itself the main event. The inaugural edition took […]Read More
HM Revenue and Customs (HMRC) published a policy paper on 13 July 2026 introducing “no gain, no loss” treatment for selected cryptoasset lending and liquidity pool transactions, deferring capital gains tax until participants make an economic disposal of their assets. The measure amends the Taxation of Chargeable Gains Act 1992 and takes effect from 6 […]Read More
A Bulgarian national already serving a federal prison sentence for online auction fraud now faces fresh charges over the alleged theft of cryptocurrency that a court had ordered him to forfeit, the Department of Justice announced on July 9. Rossen G. Iossifov, 53, made an initial appearance in federal court in the Eastern District of […]Read More
Metaplanet has agreed to open a joint study with Metaplanet Securities, stablecoin issuer JPYC, and tokenization provider Progmat to develop digital credit products backed by Bitcoin, targeting instruments that would trade and settle on a 24/7 basis and accrue interest daily. The company set out the initiative in a July 10 filing issued under Chief […]Read More
Deutsche Bank has paid a A$2 million infringement penalty after Australia’s corporate regulator alleged the bank systematically misreported more than 260,000 over-the-counter derivatives transactions, highlighting ASIC’s continued focus on trade reporting quality as regulators increasingly rely on transaction data to monitor systemic risk and market abuse. The Australian Securities and Investments Commission said the reporting […]Read More