News Centre

BIS: Addressing The Risks In Crypto: Laying Out The Options

Date 12/01/2023

Key takeaways

• The recent high-profile failures of FTX and other crypto firms have re-ignited the debate on the appropriate policy response to address the risks in crypto, including through regulation.
• The "shadow financial" functions enabled by crypto markets share many of the vulnerabilities of traditional finance. These risks are exacerbated by specific features of crypto.
• Authorities may consider different – not mutually exclusive – lines of action to tackle the risks in crypto. These include containment or regulation of the crypto sector or an outright ban.
• Central banks and public authorities could also work to make TradFi more attractive. A key option is to encourage sound innovation with central bank digital currencies (CBDCs).

Liquid Staking Derivatives Wars - Kaiko Research: Deep Dive

Date 12/01/2023

As a proof of stake network, Ethereum rewards stakers with block rewards and user fees. However, the 32 ETH minimum required to stake your ETH directly on the network prohibits the vast majority of users from doing so. Enter liquid staking derivatives, or LSDs.

European Supervisory Authorities Identify Good Practices For Financial Education Initiatives On Scams, Fraud And Cyber Security

Date 12/01/2023

The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) published today a joint thematic Report on national financial education initiatives on digitalisation, with a focus on cybersecurity, scams, and fraud. The Report identifies good practices that national competent authorities and other public entities can follow when designing and implementing their financial education initiatives.

US Office Of Financial Research Finds Elevated Threats To U.S. Financial Stability Due To Inflation, Tighter Credit, And Geopolitical Uncertainties

Date 12/01/2023

The OFR published its 2022 Annual Report to Congress today, which concluded that macroeconomic conditions and geopolitical uncertainties elevated risks across the financial system last year. The report examined these risks to financial stability between October 1, 2021 – September 30, 2022.

BETTER FINANCE: Potential Ban On Inducements Reduced To False Choice Between “Advice Gap” And “Biased Advice”

Date 12/01/2023

In response to warnings about an “advice gap” if inducements – or rather salescommissions – were to be banned, BETTER FINANCE stresses that there can be no “advice gap” ifthere’s no “advice”: biased advice is not really advice.

Euronext Launches CAC SBT 1.5° Index

Date 12/01/2023

• New climate-focused version of the CAC 40, in line with the 1.5°C goal of the Paris Agreement

• Index launched with the support of Amundi, CDP and SBTi

ETFGI Reports The Global ETF Industry Gathered US$856 Billion In Net Inflows In 2022

Date 12/01/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that the global ETF industry gathered US$69.37 billion in net inflows during December, bringing year-to-date net inflows to US$856.16 billion. During December 2022, assets invested globally in the ETF/ETP industry decreased by 2.7%, from US$9.48 trillion at the end of November to US$9.23 trillion, according to ETFGI's December 2022 global ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted)

The Wait(list) Is Over – Robinhood Retirement Is Now Available To All Eligible Customers

Date 12/01/2023

Today, at the beginning of tax-season, Robinhood Markets, Inc. (NASDAQ: HOOD) announced that Robinhood Retirement is now available to all eligible customers. Robinhood Retirement, which launched via waitlist in December, is the first and only IRA to offer a 1% match for every eligible dollar contributed.

TMX Group Limited Announces Release Date For Q4 2022 Financial Results And Analyst Conference Call

Date 12/01/2023

TMX Group Limited will announce its financial results for the fourth quarter ended December 31, 2022 in the evening of Monday, February 6, 2023. An analyst conference call to review the results will be held on Tuesday, February 7, 2023 at 8:00 a.m. ET.

NYSE Group Consolidated Short Interest Report

Date 12/01/2023

NYSE today reported short interest as of the close of business on the settlement date of December 30, 2022.