Crypto falls, UK targets app store fees, Mirae apologizes over SpaceX IPO

Price ActionDigital FinanceGeopolitics
โดย Seeking Alpha·Read original
Summary · why it matters

Major cryptocurrencies declined on Tuesday as a stronger U.S. dollar weighed on risk assets, with bitcoin hovering around $59,182, down 1.6%, and ethereum slipping 1.9% to $1,579.3. The UK's Competition and Markets Authority proposed allowing app developers to steer users to alternative payment methods outside Apple and Google's app stores, requiring any fees for external links to be fair and lower than current commissions. Gold futures fell 1.4% to $4,022.30 an ounce amid renewed U.S.-Iran tensions and a stronger dollar. South Korea's Mirae Asset Securities apologized after receiving zero stock allocation in SpaceX's record-breaking IPO due to a misunderstanding that left more than $1.1 billion worth of Korean demand unsubmitted.

Impact on stocks 5

Financials▼ · 2 stocks
Mirae Asset Daewoo Co Ltd
006805
▼ NegativeCapitalrelevance

Mirae Asset Daewoo Co Ltd is likely related to the same incident, suffering reputational and financial loss from the IPO allocation failure.

Artificial Intelligence▼ · 2 stocks
Apple Inc.
AAPL
▼ NegativeRegulationrelevance

UK CMA proposes allowing app developers to bypass Apple's payment system, reducing Apple's commission revenue.

Alphabet Inc Class C
GOOG
▼ NegativeRegulationrelevance

UK CMA proposes allowing app developers to bypass Google's payment system, reducing Google's commission revenue.

Space Economy▲ · 1 stocks
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