Goldilocks’ Comments and Global Economic News Friday AM 12-22-23
Good Morning ,
Washington, D.C. — Commodity Futures Trading Commission Chairman Rostin Behnam today announced two appointments in the Division of Data (DOD) that will enhance the CFTC’s analytic capabilities as the agency increasingly innovates its data-driven culture. Ted Kaouk has been named Chief Data Officer and Director of DOD. Dr. Kaouk will spearhead data integration initiatives and collaborate with the CFTC’s offices and divisions to help the agency make informed policy decisions. John Coughlan will serve as the agency’s first Chief Data Scientist. He will advance DOD’s data science expertise and expand the agency’s use of artificial intelligence to more effectively oversee the derivatives markets and meet its own regulatory requirements.
“The massive shifts in financial markets driven by advances in technology put the CFTC at the center of a new era of financial data, empowering us to more efficiently and effectively execute our mission,” said Chairman Rostin Behnam. “With these new critical hires, the CFTC is upskilling our data science staff, and increasing capacity and capability to be at the forefront of market innovations. We now have the team in place to set a strategy with concrete benchmarks and a clear path forward.”
https://www.cftc.gov/PressRoom/PressReleases/8843-23
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Osaka Digital Exchange provides digital securities launch details – blockchain for ent
“After receiving regulatory approval (https://www.ledgerinsights.com/odx-digital-securities-exchange-start/) in November, Japan’s Osaka Digital Exchange (ODX (https://www.odx.co.jp/en/)) plans to start trading digital securities (https://www.ledgerinsights.com/tag/digital-securities) on Christmas Day. Today it shared the launch details of its security token venue START. During the first quarter it will offer discounted fees and just a single digital security can be traded at launch.”
And, so It begins.
It looks like Japan has begun the process of utilizing a Digital Platform in trading Securities in their country. The age of tokenized assets being traded on digital platforms has begun.
This announcement came just 2 hours ago, and they plan to begin their trades on Christmas Day.
© Goldilocks
Ledger Insights Link
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Major Shipping Firms Halt Red Sea Routes Following Houthi Attacks OilPrice Link
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Red Sea Tensions Threaten to Disrupt Diesel Market Stability OilPrice Link
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New U.S. Trade Policy Will Empower China’s Tech Takeover The National Interest Link
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The Historical Shift in International Trade Regulation: Why National Security Is Now at the Forefront of Doing Business
https://www.corporatecomplianceinsights.com/historic-shift-international-trade-regulation/
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Fintechs have opportunity to grow, leverage partnerships with banks in 2024 Banking Dive Link
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JUST IN: Argentina Minister of Foreign Affairs says contracts in the country can be settled in Bitcoin. @WatcherGuru
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This Stock Market Indicator Has Been 83% Accurate Since 1984. It’s Signaling a Big Move in the S&P 500 Right Now. The Motley Fool Link
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Fed delivers Christmas champagne to Wall Street FX Street Link
👆 Goldilocks pointed to this article
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Fintechs have an opportunity to grow, leverage partnerships with banks in 2024 Banking Dive Link
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Banking Announcement:
UK is planning on launching a digital security sandbox on January 8th, 2024.
The sandbox will allow their Financial Market Infrastructures (FMI) to test the use of new technology on a Digital Ledger Transmission (DLT) mechanism to operate a trading pilot program that will perform Central Securities Depositories (CSD) activities.
CSDs includes foreign currency exchanges, stocks, bonds, money markets and more.
This testing of tokenized assets will enable them to move forward at the end of the month inside Protocol 20.
© Goldilocks
Euro Next Link
RegulationAsia Link
👆 Bank of England, UK
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