From red tape to green light: US regulatory shake-up signals new era for digital assets

Strong start to the year for JP Morgan’s securities services business which reports revenue and assets under custody growth.
Year-on-year uptick stems from increases across all securities services units as AUC/A also rises again.
The introduction of stock lending represents an expansion of the existing relationship between BNY and eToro.
Initiative enables use of crypto and tokenised money market funds as off-exchange collateral, with Franklin Templeton and Brevan Howard Digital among early participants.
Cboe Clear Europe among first users of platform supporting centrally cleared SFTs.
Collaboration aims to streamline distribution of alternative investment products through digital platform.
With over 20 years of industry experience, executive has held roles across BNY, Brown Brothers Harriman, and State Street, with a focus on custody, product management, client service and risk oversight.
Platform aims to support automation and operational efficiency across global reporting functions.
The intraday repo solution is designed to enable market participants to source liquidity for specified periods of time without the need to borrow for a full 24-hour period.
The partnership is expected to enable real-time delivery versus payment settlement for intraday repo transactions.
Daniel Cheever, head of securities services, Australia and New Zealand for BNP Paribas, sits down with Global Custodian to discuss the evolving landscape in the fiercely competitive region.
Collaboration supports Oman’s financial infrastructure and capital market development in line with its Vision 2040 goals.
The new tool extends coverage to 14 additional jurisdictions, including the UK, Ireland, South Africa, Hong Kong, Australia, New Zealand, Singapore and Malaysia.
Dyson departs after more than a decade with the securities lending trade body.
Executive had been responsible for leading Northern Trust’s Whole Office strategy before being promoted to C-level role.