Digital Token Identifier Foundation Launches Digital Token Identifier for Monitoring Crypto Derivatives Risks in G20 Region

Golden Finance reported that the Digital Token Identifier Foundation (DTIF) announced that its Digital Token Identifier (DTI) will be deployed in the Group of Twenty (G20)'s regulatory reporting on digital asset derivatives transactions. DTIF is a division of Etrading Software (ETS), and its scope is expanding to provide greater support for public institutions to identify global digital asset risks and further improve the transparency of the crypto derivatives trading market. So far, derivatives reporting has only focused on traditional financial instruments. From April 29, 2024, cryptocurrency derivatives that fall under the EU's European Market Infrastructure Regulation (EMIR) must use DTI as the basis for UPI and OTC ISIN reported to the transaction repository. This enables EU regulators to expand the monitoring of derivatives risks to digital assets