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Category: FINANCE

Posted on 06/08/2021

BI, Japanese finance ministry strengthen local currency cooperation

Bank Indonesia and Japan’s Ministry of Finance (JMOF) have agreed to strengthen the framework for local currency settlement (LCS) transactions between ... ( read original story ...)

Posted on 05/08/2021

SEC Chief Gary Gensler Braces for Clash With Crypto Traders

Gary Gensler wants to regulate digital assets to the same extent as stocks, bonds and commodity-related trading instruments. ( read original story ...)

Posted on 05/08/2021

Uruguayan Senator Bill To Allow Crypto for Payments

The bill seeks to regulate crypto assets and make them "recognized and accepted by the Law and applicable in any legal business." ... ( read original story ...)

Posted on 05/08/2021

Robinhood is positioning itself as a crypto powerhouse: Tastytrade founder

Tastytrade founder and co-CEO Tom Sosnoff joins 'Squawk Box' to discuss Robinhood's announcement that shareholders have filed to sell more than 90 million shares. The former Thinkorswim CEO also gives ... ( read original story ...)

Posted on 05/08/2021

Senators move to exempt bitcoin, crypto miners from proposed U.S. tax rules

Supporters of the crypto industry in the U.S. Senate filed an amendment to the bipartisan infrastructure bill, which would impose new tax-reporting rules on crypto brokers, to make clear that miners ... ( read original story ...)

Posted on 05/08/2021

Tokyo Olympics: Wrestler Ravi Dahiya settles for silver after losing final to world champion Uguev

There were expectations that the 23-year Dahiya would become India's youngest Olympic champion but the Russian defended well to win comfortably. ( read original story ...)

Posted on 05/08/2021

Sam Bankman-Fried and Matt Levine on How the Crypto Market Really Works

Sam Bankman-Fried is arguably the most important and powerful person in crypto. His crypto exchange FTX just raised $900 million and is growing like crazy. Meanwhile, Bloomberg Opinion columnist Matt ... ( read original story ...)

Posted on 05/08/2021

Experts name the one very real nightmare scenario for crypto startups

Four crypto experts say the worst-case scenario for crypto startups is a failure of security and that such incidents happen all the time. ( read original story ...)

Posted on 05/08/2021

Tokyo Olympics: Indian Men’s Hockey Bronze medal evokes thunderous applause from PM Modi, Tendulkar, SRK

PM Modi said that by winning the Bronze medal the Indian Hockey team had captured the imagination of the entire country. ( read original story ...)

Posted on 05/08/2021

Tokyo Olympics: We fought and never gave up; dedicate this medal to COVID warriors, says Manpreet Singh

The 29-year-old from Jalandhar was "speechless" following the epoch-making 5-4 victory over Germany that gave India their 12th hockey medal in the Olympics but one that came after over four decades. ( read original story ...)

Posted on 05/08/2021

Tokyo Olympics: India win bronze in men’s hockey, historic moment as Manpreet Singh’s boys beat Germany

India have won the bronze medal in men's hockey by defeating Germany 5-4. This is the first ever Olympic medal in hockey in 41 years for India. The last time Indian men won a hockey medal was when ... ( read original story ...)

Posted on 05/08/2021

Japan slips to 83rd in Nikkei COVID index amid subdued Olympics

A recent surge in COVID-19 cases has caused Japan to tumble down Nikkei's coronavirus recovery ranking as experts debate the role the Olympics is playing in the country's accelerating infection ... ( read original story ...)

Posted on 05/08/2021

Nikkei ends higher on upbeat earnings; virus worries linger

Japan's Nikkei index ended higher on Thursday, underpinned by upbeat earnings from Nippon Yusen , Kikkoman Corp and Hitachi Zozen, although gains were capped by concerns about surging cases of ... ( read original story ...)

Posted on 05/08/2021

Nikkei gains on positive earnings, virus worries linger

Japan's Nikkei share average rose on Thursday, underpinned by upbeat earnings from Nippon Yusen , Hitachi Zozen, and Sony Group, although gains were capped by concerns about surging cases of COVID-19. ( read original story ...)

Posted on 05/08/2021

Senators file crypto broker amendment to infrastructure bill after industry backlash

Sens. Ron Wyden, Pat Toomey and Cynthia Lummis filed an amendment to clarify crypto language in the Senate's infrastructure bill. ( read original story ...)

Posted on 05/08/2021

A ‘significant’ upgrade to Ethereum is rolling out this week—here’s what crypto investors should know

Ethereum, the blockchain that runs ether, the second-largest cryptocurrency under bitcoin, will undergo a major upgrade this week called London. ( read original story ...)

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