On Tuesday, during a panel discussion at CCData's Digital Asset Summit in London, Tyrone Lobban, Head of Blockchain Launch and Onyx Digital Assets at J.P. Morgan, disclosed that an overwhelming 99.9% of his client conversations are centered on the tokenization of traditional financial assets rather than on cryptocurrencies.
The legal battle against Sam Bankman-Fried (SBF), co-founder and CEO of bankrupt crypto exchange FTX, officially began on 4 October 2023 in New York. The U.S. Department of Justice (DOJ) initiated the case by describing FTX as a "house of cards built on a lie."
Hong Kong Exchanges and Clearing Limited (HKEX) recently announced Synapse, a groundbreaking platform set to launch on 9 October 2023. This state-of-the-art platform aims to significantly enhance the Stock Connect program, a financial bridge between Mainland China and Hong Kong. Synapse utilizes DAML smart contracts to automate and streamline various post-trade activities, with the goal of improving operational efficiency and reducing settlement risks.
Top stories in the Crypto Roundup:
- J.P. Morgan Clients Primarily Interested in Tokenized Traditional Assets Not Cryptocurrencies
- DOJ Accuses SBF of Fraud as Defense Points to Ex-Employee Ellison
- HKEX to Launch Synapse, Boosting Stock Connect with Smart Contracts