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FCA Bans Sale of Cryptoderivatives to Retail Consumers in UK
6.10.2020
The FCA has published final rules banning the sale of derivatives and exchange traded notes (ETNs) that reference certain types of cryptoassets to retail consumers. The FCA said it considers these products to be ill-suited for retail consumers due to the harm they pose, asserting these products...
UK's FCA bans retail crypto derivatives after year-long consideration
6.10.2020
CoinShares' pleas last year went unheard as crypto futures and ETNs will be soon banned
This country accepts more retail crypto transactions than anywhere else in Latin America
5.10.2020
Venezuela may have the most crypto volume, but this country bests all of Latin America when it comes to retail crypto transactions
Mexico Receives 11% of All LATAM Retail Crypto Payments - Report
3.10.2020
Mexican firms and individuals have reportedly processed 11% of all the retail payments made in crypto in Latin America from July 2019 to the same month in 2020 – with most of the crypto used in these transactions originating in the United States.
According to El Economista, Chainalysis expert...
BuySellVouchers Indirectly Gives the Opportunity To Shop in the Popular Retail Chains With Bitcoin
30.9.2020
It is looking like good times in the retail industry as BuySellVouchers gives a solution that allows users of the platform to shop in the most popular retail chains with cryptocurrency. The innovative solution from one of the leading online marketplaces for digital goods allows shoppers to purchase...
Mark Cuban Wants an Expiration Date on Stimulus Checks: Critics Says Proposal Is Right out of a Banana Republic Playbook
28.9.2020
U.S. billionaire Mark Cuban wants the next stimulus check to come with an expiration date in order to force Americans to spend the funds. The businessman believes this “use it or lose it” approach would benefit the U.S. economy as it promotes spending instead of saving. Cuban argues...
East Asia Dominates World’s Onchain Crypto Activity, Europe and North America Trail Behind
19.9.2020
Crypto activity continues to flourish worldwide, according to a new cryptocurrency adoption index published by the blockchain intelligence firm Chainalysis. The researchers compile onchain digital currency retail value transferred, onchain crypto deposits, peer-to-peer exchange volume, and other...
Bitcoin Birch says no retail crypto-wide bull run likely for rest of 2020
17.9.2020
He isn't bearish. In fact, his ideas appear to lean ever so slightly bullish
INX Becomes the First SEC-Registered IPO to Accept Crypto
15.9.2020
15th September 2020, New York, United States: INX will start accepting bitcoin (BTC), ether (ETH), and USDC stablecoin, starting today. INX said over 3,000 retail and accredited investors registered for the INX token offering during its first three days. Now that the minimum requirement INX has...
Crypto mining and remote work drive GPU sales boom in Russia
14.9.2020
Miners in Russia are purportedly buying more equipment amid regulatory uncertainty
COVID-19 shook out retail investors but emboldened BTC whales: Report
13.9.2020
Some bought the dip, others decided to wait it out
Overstock’s tZERO Wins FINRA Approval to Launch Retail Broker-Dealer Subsidiary
10.9.2020
The firm announced Thursday that FINRA approved its application to launch tZERO Markets, a retail broker-dealer subsidiary
Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report
10.9.2020
Monthly cryptocurrency transfers to and from Africa under $10,000 soared more than 56% from a year ago to reach $316 million in June, according to new research by U.S. crypto analytics firm Chainalysis. Altogether, $8 billion worth of crypto was received into the continent and $8.1 billion sent...
DCG Enters Retail Crypto Market With Acquisition of Luno Wallet
9.9.2020
Blockchain-focused investment firm Digital Currency Group has acquired Luno, a retail-focused cryptocurrency exchange with over five million customers
DeFi Is Hot but Retail Interest Nowhere Close to ICO Frenzy
8.9.2020
It may be too early to draw parallels between the DeFi explosion and the ICO bubble of two years ago
Retail Trading Platforms Pile Into $5M Funding Round for Zero Hash Crypto Settlements Firm
2.9.2020
Three trading platforms focused on the retail market have participated in the $4.75 million Series C for a crypto settlement service
Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
27.8.2020
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well...
Crypto Exchange FTX Buys Blockfolio for $150 Million in Effort To Expand Retail Presence
27.8.2020
Cryptocurrency derivatives exchange FTX has acquired the popular portfolio tracking app Blockfolio for $150 million in a bid to gain a foothold in the crypto retail market. The deal – consummated after nine months of negotiation – was settled using a combination of cash, crypto,...
FTX Exchange’s $150M Deal for Mobile-First Blockfolio Is a Retail Trading Play
26.8.2020
The deal is a strategic play for FTX, whose clientele consists largely of quants and professional traders, to attract more retail customers
$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars
24.8.2020
Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...