Bitcoin price keeps going up, but retail traders are not piling in yet. Cointelegraph explores why.
Retail News
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Dtcpay, formerly Digital Treasures Center, is MAS-registered and already provides some point-of-sale and online crypto payment services.
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The recent regulatory approval for Coinbase’s international subsidiary comes within a month of getting the NFA nod to offer crypto derivatives services to institutional clients in eligible U.S. states.
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Several macroeconomic indicators suggest that bearish headwinds could strengthen during the remainder of 2023 and possibly negatively impact the crypto market.
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HashKey, along with OSL, received a major license upgrade on Aug. 3 clearing their way to offer crypto trading services to retail customers.
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According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.”
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HashKey and OSL are among the first licensed exchanges to offer cryptocurrency trading for non-professional investors in Hong Kong.
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The project, delayed from last year, will enlist bank employees and nearby businesses for the pilot. Each payment provider has launched its own app.
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With 11 megalopolises and three currencies, Guangdong, Hong Kong and Macao make up a region that is ripe for central bank digital currency research.
8446 - Interview
Neil Tan, chair of the FinTech Association of Hong Kong, says the opening of the financial industry to digital assets is “just a natural progression.”
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International Monetary Fund Managing Director Kristalina Georgieva says that wholesale CBDCs, on the other hand, have “fairly little space for undesirable surprises.”
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Ted Cruz said it is “more important than ever” to ensure the financial privacy of American citizens is preserved.
7585 - Market Analysis
BTC price continues to show bullish momentum, but institutional investors selling and the absence of whale buyers threaten to weaken the current rally.
15997 - Spotlight
NFT shopping becomes a real-world experience in Dubai, with physical stores opened in the international business hub.
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The IMF mission spent three months studying conditions in the country, which is preparing to produce a feasibility report.
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