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Bank of Thailand Needs More Time to Complete and Launch Retail Digital Currency
31.10.2022
The central bank of Thailand is not going to rush with the launch of its digital currency as it’s not yet sure about the benefits it would bring. According to the head of the monetary authority, the development of the state-issued coin may take several years. Thailand’s Central Bank Wants to Better...
Hong Kong Govt. Reconsiders Stance on Virtual Asset ETFs, Tokenised Securities, and Retail Investors
31.10.2022
The government says it's ready to engage with virtual asset service providers and invite them to the city
Hong Kong to Start Allowing Retail Crypto Trading in March Next Year: Report
30.10.2022
Hong Kong is relaxing its crypto regulation to allow retail investors to trade digital assets directly. A licensing regime for crypto platforms that allows retail crypto trading is reportedly set to be enforced in March next year. Hong Kong Nears Allowing Retail Crypto Trading Hong Kong...
GameStop Workers Reveal The Junk They Can’t Sell That’s Piling Up
27.10.2022
As Kotaku reported last week, retail giant GameStop has been increasingly stocking its retail stores with weird, random junk instead of, well, video games. Dissatisfied GameStop employees have been grousing online about the massive amounts of toys the warehouses are sending. And as it turns...
4 Questions That Will Determine the Future of Retail Trading
27.10.2022
Singapore Seeks to Reduce Risks for Retail Crypto Investors With Restrictive Rules
27.10.2022
Financial authorities in Singapore have proposed new regulations designed to protect consumers from risks associated with cryptocurrency investment and trading. The measures, which also aim to expand regulations for stablecoins, will be discussed with the industry before their adoption. Singapore...
Hong Kong to Make Retail Crypto Trading Legal: Report
27.10.2022
Hong Kong plans to legalize retail trading of cryptocurrency as a means of becoming a crypto hub, Bloomberg reported Thursday
United Kingdom banks hate crypto, and that's bad news for everyone
26.10.2022
Banks in the United Kingdom try to block businesses and individuals alike from investing in cryptocurrency. Regulators should fix the situation
Monetary Authority of Singapore May Introduce Risk Test Before Permitting Cryptocurrency Trading
26.10.2022
Source: AdobeStock / martinhosmat083 Singapore’s retail investors may have to take a risk awareness test to be allowed to trade crypto, in order to ensure that they have sufficient knowledge of the risks involved.  Citing two consultation papers published on Wednesday, the CNA reported...
Hong Kong Presents Digital Currency Prototype, Project Aurum
24.10.2022
Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail Tokens...
Fidelity to beef up crypto unit by another 25% with 100 new hires
24.10.2022
The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson
Hong Kong unveils completed retail CBDC project that has a CBDC-backed stablecoin
21.10.2022
The Hong Kong Monetary Authority and the BIS Innovation Hub cooperated on a unique CBDC design that reflects the realities of money issuing in the special administrative region
Hong Kong Mulls Letting Retail Investors Trade Crypto, Removing ‘Professional Investor-Only Requirement’
21.10.2022
The director of licensing and head of the fintech unit of Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the regulator is considering allowing retail investors to invest directly in crypto assets. “We’ve had four years of experience in regulating this...
Retail Giant Walmart Outlines Crypto Strategy — Executive Foresees a Lot of Disruption in Payment Options
20.10.2022
Walmart’s global chief technology officer has revealed crypto’s role in the retail giant’s future. “Crypto will become an important part of how customers transact,” the executive said. “We want to make sure that we make it as friction free for customers to...
Eswatini Central Bank Partners With German Firm to Explore CBDC
19.10.2022
Eswatini recently became the latest African country to jump on the central bank digital currency (CBDC) bandwagon after its central bank selected Giesecke Devrient, a Germany-based technology firm, as its partner. An agreement signed by both parties aims to enable them to deepen their...
Aptos Price Prediction - Retail Investors Dumped on by Crypto VCs?
19.10.2022
The Aptos (APT) price crashed on its listing day, as predicted by many of the best crypto traders on Twitter.
Aptos token, dubbed a 'Solana killer' capable of a higher tps, is one of the most trending cryptocurrency assets and airdrops this week, on 15,170 watchlists on CoinMarketCap already...
Indian Commerce Giant Flipkart Will Allow Customers to Purchase Items in the Metaverse
18.10.2022
Flipkart, the Walmart-backed Indian e-commerce giant, has launched a pilot to allow its customers to experience making purchases in a metaverse environment. The company announced the launch of its own metaverse, called Flipverse, in which several brands will be able to offer their own shopping...
GameStop Employees Say They Have To Sell All Sorts Of Random Weird Junk Now
17.10.2022
Not everyone was happy with GameStop’s transition into a toy store, but there was at least some crossover between toys and gaming. Until now. New inventory just came in for GameStop employees, and some of the stock they’re getting aren’t even toys. Read more
Bankman-Fried '100%' supports knowledge tests for retail derivatives traders
17.10.2022
The FTX founder said a knowledge test for derivative retail customers “could make sense” but it doesn’t need to be specific to crypto
CFTC Commissioner to Pitch Retail Investor Definition to Get Set for Crypto
14.10.2022
The Commodity Futures Trading Commission (CFTC) needs to redefine how it sets rules for retail investors now that the agency seems likely to take on oversight of spot crypto trading, said Commissioner Christy Goldsmith Romero. She intends to propose a new retail investor definition, she said Friday...