CoinShares Director: UK FCA Derivatives Banning Cryptocurrency Generally Opposed

2020-10-7 03:25
share to
Scan QR code with WeChat

Regarding the UK ban on using cryptocurrency assets, Townsend Lansing, Head of Securities Business at crypto asset management company CoinShares, said: UK UKA decision to rely on Delta 1 ETN UK For Private Investors Only We are deeply disappointed with the decision to distribute cryptocurrency services. We and many trading partners have provided various reasons why this restriction would be unfavorable and ineffective. Unfortunately, the FCA either ignores these reasons or denies them with other minor information. considered beneficial as it only allows UK private investors to access unregulated cryptocurrency exchanges. As well. , Lansing said the FCA derivative bans in the UK represent widespread recognition of cryptocurrencies.

Next:
YearnFinance revamps Vault to improve revenue.
On October 6, Cryptopotato announced that Yearn Finance was revamping the vault. Legal data is scarce, but Yearn is working on a v2 vault that could potentially increase service provider revenue through legacy strategies. The build recommendations for Vault v2 released today, October 6, include a number of suggestions and improvements. The idea is that yETH Vault will always streamline the process, which would allow it to turn its Secured Debt Position (CDP) into a new concept without having to eliminate all costs. . Meanwhile, yYFI Vault, which now guarantees its management, has adjusted its pricing. The chests for yUSD / ycrvBUSD / ycrvsBTC are also the most important for the group. Yearn's liquidity has fallen 26% in the past 30 days, according to Defipulse.com.
2020-10-7 03:19