UK Regulator Approves 13% of Crypto Registration Applications
Financial Conduct Authority (FCA), the UK’s primary financial regulator, has only granted 13% approval out of nearly 300 crypto companies that have applied for registration to operate in the country. The FCA published a response to a right-to-know request whose author remains anonymous on August 11. Four queries regarding the registration statistics of crypto asset […]
PayPal to Launch Crypto Hub Service for Select Users
PayPal has amended its terms and conditions to include the Crypto Hub service. This feature lets users hold and trade Bitcoin and other cryptocurrencies in their PayPal accounts. The most recent PayPal terms and conditions outline the requirements crypto users must meet to use the platform for cryptocurrencies. The company claims that the Cryptocurrencies Hub […]
Coinbase App is Broken for User Experience – CEO
Coinbase CEO Brian Armstrong, has revealed how “broken” the Coinbase app is for user experience, and he has said the next two weeks will see rapid updates of the app. Armstrong wrote on X (Twitter) on August 13 that several pain points have manifested during “Onchain Summer” — a multi-week festival of product launches, brand […]