Six-hour briefing
Fintech Briefing:
What changed in fintech over the last 6 hours
Top Stories
- Fifty public companies object to share tokenization on OKXICE trading venue
Nvidia, Costco, Nike, and Micron Technology have joined a group of 50 publicly traded companies objecting to the tokenization of their shares on OKXICE. The planned trading venue is backed by cryptocurrency exchange OKX and New York Stock Exchange parent Intercontinental Exchange, according to an October 30 notice.
- Brazil Central Bank receives up to 68 crypto licensing applications by deadline
Brazil Central Bank received between 63 and 68 licensing applications from crypto service providers by the October 30 deadline. The total was lower than the 150 to 200 firms expected by the industry, leaving companies that missed the cutoff with 30 days to respond.
- Bank of Korea surveys banks and brokerages on digital asset exposure
The Bank of Korea initiated its first formal survey examining financial institution exposure to digital assets on October 23. The regulatory inquiry covers 18 banks and 13 brokerages nationwide, with institutions required to submit responses by November 5.
Source-stated significance: marking a significant step in the central bank's effort to map the intersection of traditional finance and the growing crypto sector
Since the last briefing
- · 3 new major stories
- · Crypto is now the most-covered topic