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    INTERDEALER BROKER

    China releases rules for data security in money brokering

    Five financial watchdogs, including the central bank and forex and securities regulators, urged interdealer brokers to improve data and risk management and safeguard data security.

    US SEC sees decentralised crypto platforms as exchanges, seeks public input

    The SEC voted 3-2 to take additional comments from the public after crypto firms criticised the plan as vague and aimed at roping in decentralised finance platforms, also known as DeFi platforms that would otherwise not be subject to the regulator's oversight.

    UniCredit considers quitting Russia, Credit Suisse outlines Russian wealth clients

    A growing list of financial firms are looking to exit Russia, with Deutsche Bank, Goldman Sachs and JPMorgan Chase winding down business there. Others are under pressure from investors to detail their financial exposure to Russia.

    WhatsApp outage hits trading in assets from crypto to Russian oil

    WhatsApp usage among financial traders tracked by communications surveillance firm VoxSmart has boomed as banks accept that clients want to use the platform, even if bosses prefer their staff to use official messaging channels, VoxSmart CEO Oliver Blower said.

    European shares trade below record highs, deals boost telecom stocks

    The pan-European STOXX 600 index slipped 0.2% after reaching just a point below its August peak in the previous session. Media and utilities fell the most among sectors, while telecoms gained 0.3%.

    Most institutional investors expect to buy digital assets, study finds

    More than half of the 1,100 institutional investors surveyed globally by Coalition Greenwich on behalf of Fidelity Digital Assets between December and April said they had digital asset investments.

    The Economic Times
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