In our latest article we turn our attention to regulatory developments in #Turkey. The new Draft Bill on #Cryptoassets is in the process of clearing parliamentary approval, and will impose broad obligations, such as licensing, the prevention of market abuses, and the requirement for formal written contractual agreements with customers. However, in contrast to #MiCA, it falls short of issuing explicit provisions in areas such as best execution, record keeping or IT system requirements. What does this mean for #CASPs in Turkey? Our article examines: ✅ The requirements imposed by the bill ✅ The future impact ✅ How CASPs serving Turkish customers can set themselves up for a compliant crypto asset service offering. Read our assessment on the Wyden blog: https://lnkd.in/dyBt39H8 Andy Flury Felix Saible Marc Heissenbüttel Stuart Petersen Mimoza Selmani Juan Rodriguez Juan Sánchez, PMP Theo Woik Esin Attorney Partnership Kevin Sommer Bartosz Wójcik Brandon Le Sann Buncak Hayri S.
Wyden
Information Technology & Services
Zurich, ZH 5,450 followers
Wyden is the global leader in institutional digital asset trading technology.
About us
Wyden is the global leader in institutional digital asset trading technology. By covering the entire trade lifecycle and supporting seamless custody, core banking and portfolio management system integration as well as full trade lifecycle automation, the Wyden platform streamlines digital assets trading. Engineered by a team of trading system veterans and crypto asset experts, Wyden offers best-in-class integrated infrastructure solutions that meet the highest institutional needs. Wyden has offices in Zurich, New York and Singapore.
- Website
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https://www.wyden.io
External link for Wyden
- Industry
- Information Technology & Services
- Company size
- 11-50 employees
- Headquarters
- Zurich, ZH
- Type
- Privately Held
- Founded
- 2014
- Specialties
- Hedge Funds, Proprietary Trading, Electronic Trading, Crypto Trading, Cryptoassets, Securities, Derivatives, Futures, Options, Swaps, Bonds, FX, Cryptocurrencies, DigitalAssets, AlgorithmicTrading, Algotrading, AlgoTrader, Quantitative Strategy, Quantitative Trading, Arbitrage, AutomatedTrading, Algorithmic Trading Software, Algorithmic Trading Platform, Electronic Trading Software, HFT, Algo Trading Software, Financial Services, Trading Execution, Best Execution, Banks, OTC, Market Maker, Liquidity Provider, and Live Market Data
Locations
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Primary
Letzigraben 89
Zurich, ZH 8003, CH
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80 River St, Suite 3D
Hoboken, NJ 07030, US
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143 Cecil Street
Level 3
Singapore, Singapore 229451, SG
Employees at Wyden
Updates
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📢 Hot Off the Press: Your Weekly Digital Asset Industry Update! 📰 We’re excited to share the latest edition of our weekly newsletter, where we cover the most important news and trends shaping the digital asset industry and markets. 🚀 Inside this issue: ✅ German banking giant develops Ethereum L2 using ZKsync ✅ The Risks of Overbuilding Crypto Infrastructure ✅ ESMA unveils final guidance for MiCA as Europe braces for crypto regulation rollout 👉 https://lnkd.in/dACjJqP9 📬 Don’t miss out! Subscribe to receive future updates directly in your inbox: https://lnkd.in/ehTet5Cj #DigitalAssets #CryptoNews #Blockchain
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📍 Wyden is heading to Davos and St. Moritz this January! 🚀 We’ll be on-site at key events alongside global financial and crypto leaders, shaping discussions on the future of digital asset banking and institutional-grade trading technology. 👉 Reach out to Andy Flury directly if you want to connect. Stay tuned for event updates and insights! Felix Saible Marc Heissenbüttel Stuart Petersen Kevin Sommer Mimoza Selmani Kelly Pettersen Leona Chen
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🌍 Tokenization: A Strategic Move or a Missed Opportunity? 🌍 Qatar's new regulatory framework for digital assets takes a unique path: embracing tokenized real-world assets (RWAs) while firmly excluding cryptocurrencies and stablecoins. This cautious approach raises a broader question: Can tokenization alone drive digital asset innovation, or do we need cryptocurrencies to unlock the full potential of decentralized finance? 💼 For institutional players, this shift creates emerging opportunities: ✅ Focused growth for Token Service Providers (TSPs). ✅ Clear rules for regulated RWAs. ❌ Limited room for traditional crypto services. In a world where regulation shapes adoption, Qatar’s decision reflects a global trend toward selective digital asset innovation. 📖 Explore our in-depth analysis here: https://lnkd.in/diFGjqs3 💬 What do you think? Is this approach a step forward or a missed opportunity for crypto markets? Leona Chen Kevin Sommer Buncak Hayri S. Babile Keita Kelly Pettersen Juan Sánchez Stuart Petersen Felix Saible Andy Flury
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🌍 Crypto Regulation: Europe's Competitive Edge 🌍 The conversation around debanking in crypto has reignited following Solana's latest findings. It highlights the critical need for regulatory clarity and robust frameworks that foster trust and innovation. In Europe, regulatory advancements like #MiCA are paving the way for a more stable and transparent environment. These frameworks ensure that crypto firms and traditional finance can coexist, creating opportunities for growth and collaboration. Rather than stifling innovation, regulation can provide the competitive advantage that Europe needs to lead in the digital asset space. Let's use this moment to recognize the importance of balance: fostering innovation while ensuring compliance. 🚀 👉 Read more about the debanking narrative here: https://lnkd.in/djUDjGH4
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📢 Hot Off the Press: Your Weekly Digital Asset Industry Update! We’re excited to share the latest edition of our weekly newsletter, where we cover the most important news and trends shaping the digital asset industry and markets. 🚀 Inside this issue: ✅ EU Countries Struggle to Implement MiCA ✅ Liquidity, it’s a two-way street ✅ Solana gained highest share of new devs in 2024 Whether you're a seasoned professional or just diving into the digital asset space, our newsletter is designed to keep you informed and ahead of the curve. 👉 https://lnkd.in/dHA8zDmv 📬 Don’t miss out! Subscribe to receive future updates directly in your inbox: https://lnkd.in/ehTet5Cj #DigitalAssets #CryptoNews #Blockchain #MarketInsights #Newsletter Kevin Sommer Juan Sánchez Felix Saible Anthony Wuyts Kelly Pettersen Leona Chen
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🚨 New Insights Alert: Regulation Without Crypto – Qatar’s 2024 Framework 🚨 Our latest market assessment dives deep into Qatar’s evolving stance on digital assets, exploring the recent regulatory framework introduced by the Qatar authorities. While the framework signals progress with clear rules for tokenization of real-world assets, it also maintains significant restrictions on cryptocurrencies and stablecoins. 💡 Key Highlights: – A focus on permitted tokens like tokenized real-world assets (RWA). – Cryptocurrencies remain excluded tokens, with no provisions for lawful crypto services. – Emerging opportunities for Token Service Providers (TSPs) in Qatar. This article is part of our series analyzing global digital asset regulatory landscapes. 📖 Read the full article: https://lnkd.in/diFGjqs3 💬 What are your thoughts on this approach? Let us know in the comments! Leona Chen Kevin Sommer Buncak Hayri S. Babile Keita Kelly Pettersen Juan Sánchez Stuart Petersen Felix Saible Andy Flury
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🎄✨ A Wonderful Evening to Remember! ✨🎄 Last night, the Wyden Zurich team gathered at the Kunsthaus to celebrate the holiday season with our annual Christmas dinner. It was a heartwarming evening filled with laughter, great conversations, and cherished moments with our incredible colleagues. 🥂 As we reflect on an amazing year of achievements and growth, we're truly grateful for the dedication, innovation, and passion that each team member brings to Wyden – across all units and countries. 🌟 Here's to more success, teamwork, and shared memories in the year ahead! Happy Holidays from all of us at Wyden! 🎅❄️ Andy Flury Felix Saible Marc Heissenbüttel Anthony Wuyts Buncak Hayri S. Kelly Pettersen Kevin Sommer Brandon Le Sann Leona Chen Mimoza Selmani Stuart Petersen Babile Keita Juan Sánchez Roger Langen Julia H.
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🎙️ 𝐍𝐞𝐰 𝐄𝐩𝐢𝐬𝐨𝐝𝐞 𝐀𝐥𝐞𝐫𝐭: 𝐓𝐡𝐞 𝐆𝐬𝐩𝐫𝐨̈𝐜𝐡 🎙️ In Episode #7, Stuart Petersen, CRO at Wyden, sits down with Alexander Reiplinger, Product Owner at Smartbroker AG, to explore how regulated neo-brokerages are expanding into digital assets. Smartbroker, a leading German neobroker, serves over 150,000 customers with €10 billion in assets under management. Now, they’re venturing into the digital asset space, unlocking exciting opportunities for clients. Here’s what you’ll discover in this episode: ✔️ Evaluating opportunities in the digital asset markets for brokers ✔️ Tackling MiCA regulation’s impact on German brokerages ✔️ Building a user-centric approach to digital asset product strategy 💡 Don’t miss this insightful conversation on the evolution of digital asset brokerage in the EU! 📺 Watch now on YouTube: https://lnkd.in/e9vi4iAA 🎧 Listen on Spotify: https://lnkd.in/eqsaVAPp Let us know your thoughts in the comments! 👇 Andy Flury Felix Saible Stuart Petersen Kevin Sommer Mimoza Selmani Juan Sánchez Buncak Hayri S. Kelly Pettersen Leona Chen Brandon Le Sann Anthony Wuyts
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Exciting Updates at Wyden 🚀 We're proud to highlight the recent extension of our board, which brings together unparalleled expertise in institutional finance, technology, and digital asset innovation. This strategic move strengthens our vision to revolutionize institutional crypto trading, driving forward our mission to deliver seamless end-to-end trade lifecycle automation, market-wide connectivity, and best execution for banks, brokers, hedge funds, and asset managers. With the guidance of our expanded board, Wyden is positioned better than ever to innovate and lead in the dynamic landscape of digital asset trading. Learn more about the impact of this board extension here: https://lnkd.in/ddvAZHAh Andy Flury Marc Heissenbüttel Felix Saible Roger Langen Theo Woik Stuart Petersen Roger Altorfer Martin Trepp Kevin Sommer Mimoza Selmani Juan Sánchez Buncak Hayri S. Kelly Pettersen Leona Chen Brandon Le Sann Kevin Low Alexis Le Portz