Instinet news and trends

Bitcoin Daily: Paxos Files For Clearing Agency License; Chinese Lottery Firm 500.com Buys Bitcoin Miner Maker For $100 Million

April 06, 2021
Square Cash Crypto Trading Soars Despite Bitcoin’s Decline
Mobile Payments // July 12, 2018

Despite bitcoin’s fall, Square‘s mobile payment app, which launched crypto trading in late January, is surging. In fact, Square Cash is growing roughly three times faster than PayPal‘s Venmo, with nearly 2 million downloads per month in May and June, according to data from Instinet. “Square...

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Bitcoin Daily: Paxos Files For Clearing Agency License; Chinese Lottery Firm 500.com Buys Bitcoin Miner...

April 06, 2021
Paxos, a cryptocurrency firm, said it will apply for a formal clearing agency license from the U.S. Securities regulator now that a pilot test has been completed, Reuters reported. In the pilot test, Credit Suisse and Instinet had used the platform for same-day trade settlements, according to Reuters. Paxos said the trades marked the first […]

Square Cash Crypto Trading Soars Despite Bitcoin’s Decline

July 12, 2018
Despite bitcoin’s fall, Square‘s mobile payment app, which launched crypto trading in late January, is surging. In fact, Square Cash is growing roughly three times faster than PayPal‘s Venmo, with...