DCG Shuts Down Brokerage Unit TradeBlock

Quick Summary:

VC conglomerate Digital Currency Group (DCG) is shutting down TradeBlock, its main brokerage and trading unit.

They cite adverse economic conditions and the hostile regulatory environment for digital assets and crypto in the United States, Bloomberg reported on May 25.

CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage.

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Article Details

Author / Journalist: Daniela Kirova

Category: CryptoTechnology

Markets: CanadaUnited States

Topics: Main Exchange Digital Trading Regulatory Crypto Capital Bankless Other Investment Risk

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-05-26 @ 13:13:16 (2 days ago)

News Timezone: GMT +8:00

News Source URL: banklesstimes.com

Language: English

Article Length: 615 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bankless Times

News ID: 9246009

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About Bankless Times

Main Topics: CryptoTechnology

Official Website: banklesstimes.com

Year Established: 2011

Headquarters: Canada

News Last Updated: 2 days ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #29

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