• Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA
Friday, June 9, 2023
WongaNews.com
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
WongaNews.com
No Result
View All Result

Crypto derivatives industry expects more pain, regulation, banks on DeFi – Acuiti report

August 25, 2022
in Regulations
Reading Time: 3 mins read
A A
Crypto derivatives industry expects more pain, regulation, banks on DeFi – Acuiti report
ShareShareShareShareShare

Related articles

Crypto attorney calls on public to form amicus curiae in Coinbase, Binance suits

Crypto attorney calls on public to form amicus curiae in Coinbase, Binance suits

June 9, 2023
EU starts countdown to crypto legislation, adds MiCA to official journal – Cointelegraph

EU starts countdown to crypto legislation, adds MiCA to official journal – Cointelegraph

June 9, 2023

More near term pain is expected, but a key takeaway from the report was long-term optimism about the market’s prospects.

Acuiti, a provider of market intelligence for the global derivatives market, has released the Acuiti Crypto Derivatives Managers’ Insight Report, a quarterly report based on a survey of the Acuiti Crypto Derivatives Expert Network of senior executives operating within crypto derivatives markets.

One of the key highlights in this quarter’s report is that the majority of respondents expect cryptocurrencies to drive a more severe approach to the asset class from regulators this year.

In addition, the report’s findings show that expectations of further consolidation are high — among crypto exchanges but also lenders and other crypto services providers.

More near term pain is expected, but a key takeaway from the report was long-term optimism about the market’s prospects.

Ross Lancaster, Head of Research at Acuiti, said: “Our latest Insight report shows that regulation, while long courted by the cryptocurrency industry, is expected to take a more severe form than was anticipated prior to the recent price falls. Some crypto derivatives users have a head start in this respect as these instruments already fall under financial frameworks. But nonetheless, the industry is about to undergo a period of profound change.”

The Q3 Acuiti Crypto Derivatives Managers’ Insight Report’s key findings were:

  • 59% of the network expect a more severe regulatory approach will be the main medium to long term effect of recent falls in crypto prices
  • 50% of the network think the main consequence will be the market moving closer to Trad Fi infrastructure
  • 58% of the network believe that banks will come to play a significant role in permissioned De Fi
  • 84% of the network believe Bitcoin will rise back above $65,000, but opinion ranges on how long it will take to do this
  • The accelerating pace of regulation will be one driver of an increasing convergence between Trad Fi and De Fi. Banks are expected to play an increasingly pivotal role in crypto markets in the future once regulation is established.

86% banks and brokers manage risk with more than one system

A recent Acuiti study, conducted in partnership with Sterling Trading Tech, concluded that sell-side risk management is in need of an overhaul that consolidates systems and incorporates the increased importance of margin into risk calculations.

Acuiti surveyed participants from 55 banks and broker-dealers across the world and found that 86% of respondents use more than one system to manage risk across their derivatives business.

Regulatory and market pressure is growing to monitor risk and margin on a real time basis, while fragmented legacy risk systems are hampering firms’ ability to respond to increased volatility across global markets.

Market volatility is forcing market makers to be more vigilant about collecting margin calls and upgrading the existing infrastructure.

Real time risk management has become essential for managing counterparty exposure, but legacy systems often lag these demands, the report continued, adding that existing infrastructure has often become so embedded in firms that even if they want to overhaul it, the operational challenges are too big.

Credit: Source link

ShareTweetSendPinShare
Previous Post

What’s on Guide to the Metaverse – August 26th – August 28th

Next Post

EverdreamSoft Brings Spells of Genesis Social Hub To The Sandbox

Related Posts

Crypto attorney calls on public to form amicus curiae in Coinbase, Binance suits

Crypto attorney calls on public to form amicus curiae in Coinbase, Binance suits

June 9, 2023

John Deaton, managing partner at Deaton Law Firm, has called on Binance and Coinbase users to contribute to an amicus...

EU starts countdown to crypto legislation, adds MiCA to official journal – Cointelegraph

EU starts countdown to crypto legislation, adds MiCA to official journal – Cointelegraph

June 9, 2023

EU starts countdown to crypto legislation, adds MiCA to official journal  Cointelegraph Credit: Source link

Binance.US to go ‘crypto-only’ as banking partners cut ties

Binance.US to go ‘crypto-only’ as banking partners cut ties

June 9, 2023

Binance.US announced on June 9 that it would transition to a crypto-only exchange for now. The move comes as its...

United In Innovation: Hong Kong And UAE Central Banks Team Up … – Blockzeit

United In Innovation: Hong Kong And UAE Central Banks Team Up … – Blockzeit

June 9, 2023

United In Innovation: Hong Kong And UAE Central Banks Team Up ...  Blockzeit Credit: Source link

What will the future of global crypto regulations look like? – Forkast News

What will the future of global crypto regulations look like? – Forkast News

June 9, 2023

What will the future of global crypto regulations look like?  Forkast News Credit: Source link

Load More
Next Post
EverdreamSoft Brings Spells of Genesis Social Hub To The Sandbox

EverdreamSoft Brings Spells of Genesis Social Hub To The Sandbox

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Dash Blockchain Collapses After A Botched Upgrade

Dash Blockchain Collapses After A Botched Upgrade

May 23, 2023
Hong Kong to Step Up Push for Crypto Hub in Contrast With … – Bloomberg

Hong Kong to Step Up Push for Crypto Hub in Contrast With … – Bloomberg

May 23, 2023
TRON’s Justin Sun, Cardano’s Charles Hoskinson side with Binance in SEC case

TRON’s Justin Sun, Cardano’s Charles Hoskinson side with Binance in SEC case

June 5, 2023

About Us

Wonga News is an online news portal that aims to provide the latest crypto news, blockchain, regulations, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch with us!

What’s New Here!

  • Ankr launches Enterprise RPC and AppChain Solutions on Azure Marketplace
  • How Much Percent Must SHIB Rise To Reach $1?
  • Crypto attorney calls on public to form amicus curiae in Coinbase, Binance suits

Newsletter

Loading
  • Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 WongaNews.com - All Rights Reserved!

No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading

© 2022 - WongaNews.com - All Rights Reserved!

  • bitcoinBitcoin(BTC)$26,743.001.33%
  • ethereumEthereum(ETH)$1,855.760.69%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.00-0.38%
  • binancecoinBNB(BNB)$264.04-0.35%
  • usd-coinUSD Coin(USDC)$1.000.03%
  • rippleXRP(XRP)$0.543.47%
  • staked-etherLido Staked Ether(STETH)$1,854.050.64%
  • cardanoCardano(ADA)$0.321263-1.79%
  • dogecoinDogecoin(DOGE)$0.0709694.24%
  • solanaSolana(SOL)$19.151.59%
  • matic-networkPolygon(MATIC)$0.780.58%
  • tronTRON(TRX)$0.0784090.89%
  • litecoinLitecoin(LTC)$89.972.40%
  • polkadotPolkadot(DOT)$5.071.06%
  • avalanche-2Avalanche(AVAX)$14.222.13%
  • binance-usdBinance USD(BUSD)$1.000.20%
  • shiba-inuShiba Inu(SHIB)$0.0000080.86%
  • daiDai(DAI)$1.000.04%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,765.001.40%
  • uniswapUniswap(UNI)$4.670.80%
  • leo-tokenLEO Token(LEO)$3.520.07%
  • chainlinkChainlink(LINK)$6.081.57%
  • cosmosCosmos Hub(ATOM)$9.47-1.07%
  • okbOKB(OKB)$45.241.93%
  • moneroMonero(XMR)$143.07-0.88%
  • ToncoinToncoin(TON)$1.702.63%
  • Aerarium FiAerarium Fi(AERA)$7.12-13.06%
  • ethereum-classicEthereum Classic(ETC)$17.171.34%
  • stellarStellar(XLM)$0.0878990.60%
  • bitcoin-cashBitcoin Cash(BCH)$111.950.17%
  • true-usdTrueUSD(TUSD)$1.000.09%
  • lido-daoLido DAO(LDO)$2.242.47%
  • internet-computerInternet Computer(ICP)$4.323.51%
  • filecoinFilecoin(FIL)$4.140.26%
  • quant-networkQuant(QNT)$109.69-1.43%
  • AptosAptos(APT)$7.770.71%
  • hedera-hashgraphHedera(HBAR)$0.0491601.91%
  • crypto-com-chainCronos(CRO)$0.058690-1.30%
  • ArbitrumArbitrum(ARB)$1.151.47%
  • GGTKNGGTKN(GGTKN)$0.1121310.76%
  • nearNEAR Protocol(NEAR)$1.431.42%
  • vechainVeChain(VET)$0.017574-1.28%
  • apecoinApeCoin(APE)$2.910.22%
  • the-graphThe Graph(GRT)$0.113598-0.54%
  • paxos-standardPax Dollar(USDP)$1.000.01%
  • fraxFrax(FRAX)$1.000.15%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • eosEOS(EOS)$0.901.83%
  • rocket-poolRocket Pool(RPL)$47.660.51%