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Crypto ETNs will soon be available to UK retail investors, FCA says

Crypto ETNs will soon be available to UK retail investors, FCA says

In January 2021, the Financial Conduct Authority banned the sale, marketing and distribution of derivatives and ETNs that reference unregulated transferable cryptoassets to retail clients. After announcing in March 2024 that it would allow...

Crypto market wipes out $150 billion in a day amid new tariffs

Crypto market wipes out $150 billion in a day amid new tariffs

Just last week, President Donald Trump voiced his optimism that the Federal Reserve would soon start cutting interest rates after a private meeting with Chair Jerome Powell. However, upon the central bank’s decision to leave interest rates...

Ads of the Week: Cheese porn, crypto tap dancing, and seaweed with a side of Jackson

Ads of the Week: Cheese porn, crypto tap dancing, and seaweed with a side of Jackson

When Walton Goggins parodies adult films for chips, Samuel L Jackson makes kelp sound heroic, and Coinbase launches a full-blown musical about economic despair, you know the ad world isn’t phoning it in. From subtle stunts to loud and proud...

The SEC launches new project to engage small crypto startups

The SEC launches new project to engage small crypto startups

The Securities and Exchange Commission (SEC) has announced that its Crypto Task Force will hold a series of roundtables nationwide. The watchdog wants to allow more stakeholders to engage directly with Commissioner Hester Peirce, who is leading...

Indonesia to Raise Taxes on Crypto Transactions: Reuters

Indonesia to Raise Taxes on Crypto Transactions: Reuters

Indonesia plans to raise taxes on crypto transactions by Aug. 1 as crypto investing grows more popular, Reuters reported citing a new regulation from the Ministry of Finance. Sellers using exchanges located in the country will have to pay a 0.21%...

SEC takes crypto roundtables nationwide, opens with Aug. 4 stop in Berkeley

SEC takes crypto roundtables nationwide, opens with Aug. 4 stop in Berkeley

The US Securities and Exchange Commission (SEC) will expand its series of crypto roundtables and take its crypto policy outreach on the road beginning Aug. 4 in Berkeley, California. According to an Aug. 1 statement, the tour is meant to give...

FCA opens door for UK retail investors in crypto exchange-traded notes

FCA opens door for UK retail investors in crypto exchange-traded notes

The UK Financial Conduct Authority (FCA) has formally lifted its 2021 ban on crypto exchange-traded notes (cETNs) for retail investors. In an Aug. 1 announcement, the regulator confirmed that these products will now be available on UK-regulated...

Strategy Could Buy as Much as 7% of Bitcoin Supply, Says Michael Saylor

Strategy Could Buy as Much as 7% of Bitcoin Supply, Says Michael Saylor

In brief Strategy's co-founder Michael Saylor said the company could own 7% of the total Bitcoin supply in the future. The company now holds over 3% of the current supply, valued at $72 billion. Strategy first bought Bitcoin in 2020, kick-starting...

Best Crypto To Buy Now: Ethereum Sees $2.3B ETF Inflows, Shiba Inu Burn Rate Soars 160x, Remittix Nears $18M Softcap

Crypto investors are searching for the best crypto to buy now as bullish signs return across the market. Ethereum, Shiba Inu and Remittix (RTX) are currently drawing attention for their unique setups. With ETF flows, massive token burns and...

Bitcoin, Ethereum and XRP Sink as Crypto Liquidations Top $900 Million

Bitcoin, Ethereum and XRP Sink as Crypto Liquidations Top $900 Million

In brief Bitcoin, Ethereum, and XRP all continued a dayslong slump Friday, helping push crypto liquidations over the $900 million mark. The overwhelming majority of those liquidations, over $823 million worth, were of long positions. The downturn...

FCA Opens Retail Access To Crypto ETNs In UK

FCA Opens Retail Access To Crypto ETNs In UK

Crypto ETNs that retail consumers can access must be traded on an FCA-approved, UK-based investment exchange (a Recognised Investment Exchange or RIE). Financial promotion rules will apply so consumers get the right information and aren’t offered...

Crypto Price Analysis August-01: ETH, XRP, ADA, SOL, and HYPE

Crypto Price Analysis August-01: ETH, XRP, ADA, SOL, and HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Solana, and Hyperliquid in greater detail. Ethereum (ETH) Despite a serious attempt to reach $4,000, Ethereum failed to hit this key psychological target. Sellers returned at around $3,900 and...

The FCA reverses its 2021 ban, citing a maturing crypto market

The FCA reverses its 2021 ban, citing a maturing crypto market

According to the United Kingdom’s Financial Conduct Authority (FCA), it has granted access to retail users access crypto exchange-traded notes (cETNs). It attributes its pivot to the growth of the crypto market and a better understanding of its...

China Is Slowly Warming Up to Crypto, and This Wallet Token Stands to Gain the Most

China Is Slowly Warming Up to Crypto, and This Wallet Token Stands to Gain the Most

As the US makes significant progress in its effort to become the ‘crypto capital of the world,’ FOMO is finally spreading in China. This prompted the country’s state media and a former banking executive to call on the Chinese government to act...

Best Meme Coins to Buy: Snorter Presale Soars as Top Analyst Predicts Price Explosion

Best Meme Coins to Buy: Snorter Presale Soars as Top Analyst Predicts Price Explosion

The crypto trading bot market is now valued at $40 billion, yet most of those bots can’t keep up with modern meme coin demand. When a new coin can rocket over 50x in just a few hours, traders need sub-second execution – not clunky web interfaces...

Bolivia Looks to El Salvador for Help Building Its Crypto Regulatory Framework

Bolivia Looks to El Salvador for Help Building Its Crypto Regulatory Framework

On Wednesday, Bolivia’s central bank announced that it had signed a formal agreement with El Salvador’s digital asset regulator, marking a significant step toward developing a legal and technical framework for cryptocurrency adoption in the Andean...

SEC Chair Paul Atkins’ ‘Project Crypto’ Sets the Stage for the Next Cryptos to Explode

SEC Chair Paul Atkins’ ‘Project Crypto’ Sets the Stage for the Next Cryptos to Explode

Yesterday, Securities and Exchange Commission (SEC) Chairman Paul Atkins announced ‘Project Crypto’ – a bold new initiative he describes as ‘the SEC’s north star in aiding President Trump in his historic efforts to make America the crypto capital...

Crypto Alliance: Bolivia And El Salvador Sign Pact As Economy Wobbles

Crypto Alliance: Bolivia And El Salvador Sign Pact As Economy Wobbles

Bolivia’s Central Bank and El Salvador’s Digital Assets Commission signed a deal this week to work together on crypto rules and tools. It went into effect right away and has no end date, at least based on initial reports. According to the...

Donald Trump’s ‘Golden Age of Crypto’ Takes Shape With White House Working Group Report

Donald Trump’s ‘Golden Age of Crypto’ Takes Shape With White House Working Group Report

Donald Trump’s cryptocurrency-friendly administration is set to usher in America’s “golden age of crypto,” quickly enabling digital asset trading at the federal level and also embracing decentralized finance (DeFi), according to a preview of a...

Bank of Korea to Establish Virtual Asset Team as Lee Looks to Shape Crypto Regime: Report

Bank of Korea to Establish Virtual Asset Team as Lee Looks to Shape Crypto Regime: Report

South Korea's central bank plans to establish a virtual asset team as it considers its approach to the crypto sector, according to a report by local news outlet News1 on Tuesday. The team will be responsible for monitoring the digital asset market...

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