Kucoin’s launch of Kucoin Pay aims to drive retail crypto adoption by enabling seamless, borderless payments, lowering fees, and expanding merchant reach through digital currencies. Kucoin Launches Kucoin Pay to Boost Retail Crypto Adoption Cryptocurrency adoption in retail is gaining momentum as crypto exchange Kucoin announced on Thursday the launch of Kucoin Pay, a new […]
Australia’s ASIC Sues Binance for Misclassifying 505 Retail Investors
Australia’s securities regulator is suing Binance’s local subsidiary for allegedly misclassifying 505 retail investors as wholesale clients. Retail Users Misclassified Australia’s securities regulator is suing Binance’s local subsidiary for allegedly misclassifying 505 retail investors as wholesale clients, thus denying them appropriate consumer protections. In its lawsuit filed in federal court, the Australian Securities and Investments […]
Bitcoin’s High Price Tag: Is It Alienating Retail Investors?
Bitcoin’s astronomical price rise shows the coin is now coasting along at $ 97,227 per coin on Sunday, Dec. 1, 2024, at 11:57 a.m. With a $ 100,000 milestone in sight, it’s been sparking questions about its appeal—or lack thereof—among retail investors. The Gold Standard Trap: Bitcoin’s Struggle With Retail Appeal Bitcoin (BTC) …
Bank of Canada Redirects Efforts Away From Retail CBDC
The Bank of Canada has announced a strategic shift away from developing a retail Central Bank Digital Currency (CBDC) to focus on broader payments system research and policy development. This decision follows a public consultation in 2023, which revealed significant privacy concerns among Canadians. While the central bank remains open to revisiting the idea of […]
Ledn Secures Landmark $50 Million Bitcoin-Backed Loan From Sygnum to Expand Retail Lending Operations
Ledn, a crypto lending firm, has secured a $ 50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This loan will be used to expand Ledn’s retail lending operations, providing additional liquidity to the crypto sector and the $ 1.38 trillion syndicated loan market. The collaboration highlights the growing …