Saudi Arabia’s state-owned petrochemicals giant Aramco shot down speculation it might begin mining bitcoin in the future, dealing a blow to advocates desperately in need of good news to prop up the ... ( read original story ...)
NBA legend Charles Barkley: My advisors ‘don’t believe in crypto’
NBA legend Charles Barkley says his financial advisors are not believers in cryptocurrency, plus he reveals the biggest lesson he's learned about money. ( read original story ...)
Crypto industry faces $30 billion tax threat from infrastructure bill
It's finally "Infrastructure Week" and Congress is hammering out the details of a $1 trillion bill inching closer to the finish line. But one area that could face unpleasant consequences from the bill ... ( read original story ...)
NFT sales hit record highs in July as the broader crypto market recovered from a slump earlier in the month
The week ending August 1 saw the highest ever weekly sales volume in US dollars for non-fungible tokens, extending the crypto hype. ( read original story ...)
‘Green Bitcoin Mining’: The Big Profits In Clean Crypto
Bitcoin mining wastes enough power annually to power Belgium, unnecessarily adding 40 million tons of carbon dioxide to the atmosphere each year. ( read original story ...)
3 Reasons Why You Should Still Consider Crypto for Your Small Business
Despite volatility within cryptocurrencies, the underlying fundamentals supporting their use and value still remains. ( read original story ...)
Infrastructure bill would raise billions through crypto tax crackdown
CNBC's Robert Frank explains how the new infrastructure bill cracks down on crypto tax evasion to raise $30 billion a year. ( read original story ...)
PolicyBazaar’s CEO Yashish Dahiya took home about ₹3 crore — here’s a look at other top paid execs at the fintech startup headed for IPO
Some of the highest paid employees of Policybazaar include the CEO Yashish Dahiya who took home nearly ₹2.8 crore for the year ending March 2021. ( read original story ...)
How the Olympics Turned Into a Big Financial Mess for Japan
After being postponed in 2020 due to the COVID-19 pandemic, the Tokyo Olympics are now ongoing, even though issues are still being reported. Sports fans are watching how athletes perform on screens ... ( read original story ...)
Japan as 196th
How could Japan have come in 196th out of 196 countries, just behind North Korea? That’s what the 2019 data show for the ratio of inward foreign direct investment (FDI) to GDP despite years of ... ( read original story ...)
Problems for Corporates When Investing in Crypto
Investing in cryptocurrencies is the trend of 2021. Both retail traders and corporations invest in cryptocurrencies because of high returns. ( read original story ...)
NetEase’s Cloud Village music arm gets the nod for Hong Kong IPO, a shot in the arm for a dawdling market after a quiet July
Cloud Village, the music streaming subsidiary of NetEase, has moved a step closer to its Hong Kong initial public offering (IPO) after winning the approval from the city bourse's listing committee ... ( read original story ...)
Japan: Nikkei rebounds 1.8%
At closing bell, the 225-issue Nikkei Stock Average surged 497.43 points, or 1.82%, to 27,781.02. The broader Topix index of all First Section issues on the Tokyo Stock Exchange gained 38.97 points, ... ( read original story ...)
Belarus athlete seeks asylum in test for Japan immigration system
A Belarusian athlete refusing to return home is the latest problem the Olympics have conjured up for Japanese authorities. Sprinter Krystsina Tsimanouskaya sought asylum after she approached Japanese ... ( read original story ...)
New Language For Crypto Tax Reporting Excludes Decentralized Exchanges, Miners Still Vulnerable
According to CoinDesk, an updated draft of the U.S. Senate’s bipartisan infrastructure bill narrows a key definition for who must report crypto transactions to the IRS. ( read original story ...)
Crypto Exchanges Face New Reporting Requirements And Stiff Penalties Under Senate Infrastructure Bill
The latest version of the Senate Infrastructure Bill creates significant reporting requirements and stiff penalties for cryptocurrency exchanges. ( read original story ...)