On Tuesday during the Code Conference in California, Tesla CEO Elon Musk, famed for rattling crypto markets worldwide, called cryptocurrencies indestructible and said the U.S. government should not ... ( read original story ...)
Banking Bitcoin: Swiss Regulator Approves First Crypto Investment Fund, First Digital Asset Custodian
Institutional investors are now ready to invest in cryptoassets,” says SEBA Bank chief executive Guido Buehler. ( read original story ...)
‘It Is Not Possible to Destroy Crypto,’ Elon Musk Says
At this week's Code Conference, the Tesla and SpaceX chief discussed cryptocurrency, the future of space travel, self-driving safety, and living in the simulation that is life. ( read original story ...)
Constructive Sales Could Trigger Crypto Taxes Without You Even Selling
Before we talk about constructive sales, it’s important to understand the default tax rules for reporting cryptocurrency gains. Typically, crypto gains are not taxed until they are realized. You ... ( read original story ...)
Shionogi to Present In Vitro and Real-World Data at IDWeek 2021 Demonstrating Activity of FETCROJA® (cefiderocol) Against Gram-Negative Pathogens
Shionogi & Co., Ltd. (hereafter "Shionogi") today announces that 11 abstracts on FETCROJA® (cefiderocol) will be shared at IDWeek. The meeting will take place virtually from September 29 - October 3, ... ( read original story ...)
Japan Finance Minister Says G7 Has Agreed on ‘Some Points’ on Global Tax Reform
Finance ministers from Group of Seven (G7) advanced economies agreed on "some points" over global tax reform at their virtual meeting, Japanese Finance Minister Taro Aso said on Wednesday. Aso ... ( read original story ...)
China is combating crypto with a push for the digital yuan
China’s digital yuan takes inspiration from cryptocurrency while tempering the features that make crypto unpopular with Beijing. ( read original story ...)
Mitsubishi Tanabe to bring plant-derived COVID vaccine to Japan
Mitsubishi Tanabe Pharma has decided to launch the world's first plant-based vaccine in Japan, Nikkei has learned, potentially paving the way to stable COVID-19 vaccine supplies for a country that so ... ( read original story ...)
Japan: Nikkei tumbles 2.1%
Investors were also focused on the outcome of the Japanese ruling party leadership election. Shortly after the closing bell, Fumio Kishida won the ruling Liberal Democratic Party leadership vote, sett ... ( read original story ...)
Japan’s Nikkei 225 falls more than 2%; Evergrande shares surge nearly 15%
Asia-Pacific stocks fell in Wednesday trade, with Japan's Nikkei 225 dropping more than 2%. Hong Kong-listed shares of China Evergrande Group surged almost 15% after the developer announced it will ... ( read original story ...)
Asian stock markets finish mostly in red, Japan’s Nikkei 225 dives
The continuing uncertainty of China Evergrande, disappointing consumer confidence data in the U.S., and rising bond yields contributed to the gloom overshadowing Asian markets. Evergrande was due to ... ( read original story ...)
CFTC fines crypto exchange Kraken $1.25 million for offering some products illegally
The Commodity Futures Trading Commission (CFTC) on Tuesday ordered crypto exchange Kraken to pay $1.25 million in fines. ( read original story ...)
Who is Fumio Kishida, Japan’s next prime minister?
In a party leadership election on Wednesday, Kishida comfortably defeated his main rival Taro Kono, Japan's outspoken vaccine minister who bills himself as reformist. He also topped Sanae Takaichi, a ... ( read original story ...)
Market-bound Northern Arc Capital raises debt from Japanese bank SMBC
Debt financing platform Northern Arc Capital, which filed for an initial public offering (IPO) this year, has received fresh debt ... ( read original story ...)
Japan’s SBI extends tender offer period as requested by Shinsei Bank
Japan's SBI Holdings said on Wednesday it would extend the period of its $1.1 billion tender offer bid for Shinsei Bank Ltd to Dec. 8, acquiescing to the bank's request for a 60-day extension. TOKYO, ... ( read original story ...)
Japan’s new premier Kishida to sustain big fiscal, monetary support – for now
Japan's struggle to emerge from the pandemic-induced doldrums will leave next prime minister Fumio Kishida with little choice but to maintain massive fiscal and monetary support for a fragile economy. ( read original story ...)