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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
The Financial Times reported that the Bank of England (BoE) and the Financial Conduct Authority (FCA) will take a "proactive" and flexible regulatory approach through the Digital Securities Sandbox (DSS). Sashi Mills, Executive Director of the Bank of England, said this will enable regulatory agencies to adopt new approaches, maximize the potential benefits of innovation, and "manage financial stability risks".
Through DLT, DSS aims to alleviate the inefficiency in the "post-trade environment", which can "drop the entry barriers for providers" while enhancing the flexibility of the financial market.