As surging gold prices shake up global markets, a dark battle over gold "vaults" is quietly escalating in London. Citi and Morgan Stanley are plotting to enter the London gold warehousing and clearing business, taking direct aim at the hinterland of JPMorgan's long-held monopoly. Click to view...
On April 26th, Cboe announced that it will restructure its digital asset business in the third quarter of 2024. It plans to fully transition and integrate its digital asset derivatives currently provided by Cboe's digital division into its existing global derivatives and settlement business. In addition, Cboe will cease operating the Cboe digital cash market, the company's spot digital asset trading platform, in the third quarter of 2024.