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Ledger: ‘reminder of what's available to you inside Ledger Live’

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Ledger CEO Pascal Gauthier | LinkedIn/pascalgauthier1

Ledger, a Paris-based digital asset company, reported increased buying and trading activity due to recent market volatility. The company shared its statement in an August 6 post on X.

"With yesterday's volatility, we saw a lot of people taking advantage of Ledger's many options to buy and trade with our partners," said Ledger. "Scroll down for a reminder of what's available to you inside Ledger Live! You can buy a wide variety of coins, such as $BTC, $ETH, $SOL, $ADA, $USDT, and many more, easily and securely through Ledger Live. Our buying partners include @Paypal, @coinbase, @Moonpay, @btcdirect, @sardine, @coinify, @BanxaOfficial, @cryptocom and more!"

According to an interview with CoinShares CEO Jean-Marie Mognetti, Bitcoin and the crypto market have been volatile lately because they trade 24/7, making them "more sensitive to macro events" around the world. This volatility has led many people to take advantage of Ledger's options to buy and trade on their Live app.

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Ledger Live is an app created by the Ledger company that facilitates secure buying and selling of coins. A wide variety of coins can be bought through the Ledger Live app from various reliable partners. "I can compare providers so I can choose what I’d like to buy and from whom, and depending on where I am and what I’d like to buy, it’ll help me pick the best partner to buy from," said Chief Experience Officer at Ledger, Ian Rogers.

Rogers added that France is a suitable location for Ledger due to its strong engineering and security expertise. "In France specifically…this is where the chip and pin…was invented, and you do have just incredible brains around engineering and security in general, so this is an amazing place for a company like Ledger to exist, that’s why it was started here and that’s why it still exists here," he said in an interview with Bloomberg Crypto.

Several crypto companies have found a conducive environment in France for growth. According to a report by Coindesk, "crypto companies… have been offered a welcome in France, by officials boasting a regulatory framework that offers relative predictability." Secretary General of the Autorité des Marchés Financiers (AMF) told reporters, "In France, we are proud to be pioneers."

Ledger describes itself as "a fast-paced, growing company developing a variety of products and services to enable individuals and companies to securely buy, store, swap, and manage their digital assets," according to its website.

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European banking authority issues new guidelines for crypto providers to comply with restrictive measures

On November 14, the European Banking Authority (EBA) released comprehensive guidelines for Payment Service Providers (PSPs) and Crypto-Asset Service Providers (CASPs) to ensure alignment with European Union (EU) and national restrictive measures. These guidelines aim to reduce risks and strengthen compliance when transferring funds or crypto assets.

Nov 22, 2024

New crypto regulations aim to keep startups from 'sailing away' to the U.S.

The UK government is set to introduce new cryptocurrency regulations aimed at countering the growing appeal of the United States as a destination for crypto businesses. In response to concerns of regulatory delays following Brexit, the legislation focuses on establishing a clearer framework for stablecoins and staking activities, with the goal of strengthening the UK’s position as a global hub for digital assets.

Nov 22, 2024

OpenAI chooses Paris as its new home base

OpenAI, the world’s largest artificial intelligence company, has announced it will establish a new base in Paris.

Nov 20, 2024

Crypto investors sound alarm on UK’s capital gains tax hike and regulatory pressure

On October 30, UK Chancellor Rachel Reeves announced a capital gains tax (CGT) rate increase for high-income individuals, raising it to 24%. This change has raised concerns in the cryptocurrency community, where some investors fear that increased tax and regulatory pressures will diminish the UK's appeal for digital asset investment.

Nov 20, 2024

UK’s digital assets bill brings much-needed clarity to digital asset regulation

On November 6, the UK government issued an updated version of the Property (Digital Assets Etc.) Bill, clarifying its approach to defining digital assets, including crypto tokens, as recognized property under English law. The update aims to provide greater security and clarity for individuals and businesses engaging with digital assets.

Nov 20, 2024

Outlier Ventures CCO: People may use a 'more efficient, much less costly system to achieve the same user benefit'

Matt Law, Chief Commercial Officer at Outlier Ventures, said that it would not "surprise" him if many people embrace "more efficient," cost-effective systems like tokenization to gain the "same user benefit."

Nov 16, 2024

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