An Instagram post by Kim Kardashian asking her Instagram followers to join "the Ethereum Max Community" is bringing social media's role in promoting cryptocurrency into the spotlight.

Charles Randell, head of the U.K.'s Financial Conduct Authority, said Ms. Kardashian's post might "have been the financial promotion with the single biggest audience reach in history."

Write to paul.larkins@dowjones.com

Expected Major Events for Wednesday

05:30/FRA: 2Q Job creation

06:00/GER: 2Q Labour cost index

06:00/DEN: Jul External trade (provisional figures)

06:00/DEN: Jul Balance of payments (provisional figures)

06:45/FRA: Jul Foreign trade

06:45/FRA: Jul Balance of payments

07:00/HUN: Jul Preliminary External Trade

07:00/SPN: 2Q Housing Price Index

07:00/SVK: Jul Foreign Trade

07:00/HUN: Aug CPI

07:30/SWE: Jul New orders & deliveries in industry

07:30/SWE: Jul Industrial Production Index

08:00/ITA: Jul Retail Sales

09:00/LUX: Aug CPI

09:00/CRO: Jul Foreign Trade

16:59/POL: Polish interest rate decision

23:01/UK: Aug RICS Residential Market Survey

All times in GMT. Powered by Kantar Media and Dow Jones.

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This article is a text version of a Wall Street Journal newsletter published earlier today.

(END) Dow Jones Newswires

09-08-21 0034ET