“Mauve, a decentralized exchange, is among the first non-custodial exchanges legitimized as a virtual asset service provider by the Cayman Islands Monetary Authority. The exchange aims to trade compliant, real world assets, thus opening up avenues for secondary markets for on-chain real-world assets such as fixed income securities.”
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Cryptocurrency’s Bold Advances & Legal Challenges: Analyzing Deutsche Bank, South Korean Bitcoin Lenders, EY.ai & More
“Deutsche Bank collaborates with Taurus, providing custody services for clients’ cryptocurrencies and tokenized assets. Meanwhile, Delio, a South Korean Bitcoin lender, contests fraud and embezzlement allegations, exposing lack of clear virtual asset regulations. Also, Ernst & Young unveils AI platform, and Mauve, a Decentralized Exchange, launches its operations.”