U.S. Added 142K Jobs in August; UK Crypto Companies Struggle With Licensing

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as the U.S. job growth returns slightly less than expectations in August.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as the U.S. job growth returns slightly less than expectations in August. Plus, Telegram extends its moderators' reach to include private chats following Pavel Durov's arrest, and crypto companies in the UK are failing to meet the regulator's licensing standards.US, jobs growth comes in less than expected. And UK crypto companies struggle with licensing.

Following the report, Bitcoin rose about 1% but the price remained lower by 5% compared to levels a week ago. As of 10 a.m. eastern time, the leading Cryptocurrency is trading just below $56,000. The U K's financial regulator said 87% of crypto companies that applied for licensing under the country's money laundering rules failed to win approval in its most recent fiscal year. Four, out of the 35 applications received by the FC A managed to qualify.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Slowing but steady job market reported in AugustThe U.S. added 142,000 jobs in August, according to the latest jobs report.
Source: abc13houston - 🏆 255. / 63 Read more »

US labor market added just 142,000 jobs in August, weaker than expectedFed Chair Jerome Powell has made clear that he doesn’t want to see the job market weaken further.
Source: nypost - 🏆 91. / 67 Read more »