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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Digital Currency Group (DCG) is shutting down one of its subsidiaries offering trading services to institutional investors, with the venture capital conglomerate citing a tough regulatory environment along with the bear market as reasons for its
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The shutdown of the unit, which provides trading services to institutional investors, will be effective as of May 31, a DCG spokesperson told CryptoX in an emailed statement. "Due to the state of the broader economy and prolonged crypto winter, along with the challenging regulatory environment for digital assets in
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Venture capital conglomerate Digital Currency Group (DCG) is closing its prime brokerage subsidiary TradeBlock, citing the state of the broader economy and an uncertain regulatory environment for crypto in the United States. According to a May 25 report from Bloomberg, TradeBlock, led by Breanne Madigan, will officially begin the process of shutting down
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The ESRB recommended restrictions on crypto firms’ lending to clients, especially for leveraged bets, and suggested higher collateral requirements for distributed finance products and stablecoins. On Thursday, May 25, an EU watchdog – the European Systemic Risk Board – recommended that European authorities should curb leveraged bets on digital assets by
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Gate Group has established its presence in Hong Kong by launching Gate.HK, a holistic virtual asset trading facilitator. Gate Group recently launched a new virtual asset trading platform in Hong Kong to provide top-notch service quality to users. The new Hong Kong service, Gate.HK, opened for registration and trading services on Tuesday,
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BAYC and Mutant Ape Yacht Club (MAYC), another collection from the same creators, logged a cumulative volume of $9 million. ImmutableX-based Gods Unchained clocked $4 million in volumes, while the controversial Milady collection saw $3 million worth traded. Source
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Fundamental factors have long played a crucial role in assessing traditional equity markets, where investors analyze a company's financial health, industry position and overall economic climate to determine its intrinsic value. Key metrics such as earnings, revenue and debt-to-equity ratios provide a clear picture of a company's performance, enabling investors
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“In a world where there are billions of tokens, there are dozens of different blockchain networks and there are hundreds of different decentralized exchanges scattered across them, figuring out where to go, in order to buy or sell a token and get the best price gets more and more complicated,”
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Hong Kong’s financial regulator is set to roll out a new framework that would allow retail investors to trade crypto assets like BTC and ETH, and will also include measures to protect investors. New guidelines set to
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"This looks like a non-macro-related spot-based move, and the timing coincides with the news that Hong Kong will allow retail trading of BTC and ETH on licensed digital asset platforms as of June 1," Noelle Acheson, author of the Crypto Is Macro Now newsletter, said in Tuesday's edition. "This is
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