Russia’s largest bank, Sberbank, is planning a launch of a new blockchain trading platform and a native token Sberbcoin. Russian business news outlet RBC reported on Monday that Sberbank plans to release its digital currency Sberbcoin in 2021 around the same time as the Russian Central Bank prepares the launch of the digital ruble. Sberbank has teamed up with JP Morgan to first launch the digital currency. Thew digital asset will serve as an experiment about crypto issuance. Not a lot of details have been released about the new launch yet, only an indefinite timeframe of launching next year.

Electronic trading platform operator MarketAxess Holdings Inc. announced completing its acquisition of Regulatory Reporting Hub, the regulatory reporting business of Deutsche Börse Group. The acquisition was finalized on 30 November 2020. MarketAxess acquired the business through Trax NL B.V., its wholly owned subsidiary in the Netherlands.

For the fourth consecutive year, automated regulatory compliance specialist, Muinmos has been included in the annual RegTech 100 – a list of the world’s most innovative RegTech companies. The companies in the RegTech 100 list transform compliance, risk management or cybersecurity by solving a significant industry problem or generating efficiency improvements across the compliance function. They have been recognised as the best firms for addressing the challenge of dealing with regulatory pressures within financial services.

Hong Kong Exchanges and Clearing Limited (HKEX) has just announced the launch of the Sustainable and Green Exchange (STAGE), the first multi-asset sustainable investment product platform in Asia, supporting fast-growing global demand for sustainable finance. The STAGE platform is an online product repository, which features 29 sustainable-themed products from leading Asian corporates. These HKEX-listed products include sustainability, green and transition bonds from issuers across a variety of sectors including utilities, transportation, property development and financial services, as well as ESG-related exchange traded products. With time, the scope of the product repository will grow across asset class, industry, in Hong Kong and beyond.

Digital asset exchange Gate.io has just announced a flexible ETH staking solution, supported by a stable Ethereum infrastructure and maturity asset management solution. The solution will allow users to earn a staking reward without needing to lock their ETH in ETH2 for a long time or worry about ETH2 penalties. Gate.io also announced that its stable coin, USDG, has been listed on S Finance. Users can exchange USDG with other stablecoins, including USDC, DAI, USDT, TUSD, PAXI on the decentralized exchange.

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