Kiffmeister’s #Fintech Daily Digest (20220301)

Cambridge University Launches Crypto Research Project with IMF, BIS

Cambridge University’s Centre for Alternative Finance has announced a collaboration with the International Monetary Fund (IMF), the Bank for International Settlements (BIS) and others to conduct crypto research. The Cambridge Digital Assets Programme, aims to bring further insight into the growing digital asset industry by providing data-driven insights through collaborative research involving public and private sector stakeholders. [Read more]

The research agenda for the Programme will be centered around three workstreams. The first is focused on environmental implications and broader environmental, social and governance (ESG) considerations of digital assets and their associated services. The second will look at the processes and configurations of distributed financial market infrastructure (dFMI), and the third on crypto-assets, stablecoins, central bank digital currency (CBDC), as well as enterprise and consumer tokens. [Read more]

CME Group plans to launch micro-sized Bitcoin and Ether options

The Chicago Mercantile Exchange (CME) announced that it will launch, subject to regulatory review, options trading for its existing micro Bitcoin (BTC) futures and micro Ether (ETH) futures that will be 10% the size of the respective tokens. The futures options, expected to start trading on March 28, will come more than two years after the firm launched a BTC options trading product in January 2020 and more than four years since the group launched the first Bitcoin futures contract in December 2017. [Read more]

Bitcoin jumps after Treasury imposes new sanctions against Russian central bank

The crypto market rose after the Treasury Department imposed new sanctions against Russia’s central bank that will effectively prohibit Americans from doing business with the Russian central bank and freezes assets within the United States. However, the crypto market rally may also be linked to hopes that Fed will be less likely aggressively hike amid the uncertain geopolitical backdrop. [Read more]