Following the lead of Google Bard and Microsoft Bing, Monday.com has entered the AI race as MNDY stock tests a breakout.
Exclusive-Japan robot maker Yaskawa eyes $200 million US investment
Japanese robot maker Yaskawa Electric is considering investing around $200 million in the United States, its president said, with an eye to making its industrial robots there for the first time. The ...
Treasury’s Wally Adeyemo wants to crack down on illicit finance enabled by crypto: ‘A clear and present danger for national security’
Through its Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN), the Treasury Department is one of the nation's most powerful financial institutions, wielding tools like economic sanctions and know-your-customer provisions to force global actors to comply with U.S. law. Continue reading
SoFi is getting out of crypto. Customers have 3 weeks to move their accounts to Blockchain.com—or possibly face a big tax bill
Amid increased scrutiny of the banking sector by the Federal Reserve, San Francisco–based SoFi is ending crypto services even after a recent surge in token prices. U.S.-based users can no longer create crypto accounts,
Fintech Firm SoFi Set to Exit Cryptocurrency Business
Financial technology firm SoFi Technologies is set to exit the cryptocurrency business and has given its customers the option to migrate to UK-based Blockchain.com, the companies said on Wednesday. The San Francisco-based company said it was ending its crypto services on Dec.
Capitalize on Japan’s Bullish Outlook With These ETFs
Japanese securities have been gaining momentum lately, approaching their 33-year high. Increased foreign inflow helped by improved corporate earnings and reforms in corporate governance, has played a ...
Bitcoin, gold, and silver should jump as the Fed pivots, but China’s yuan faces structural problems, Mike Novogratz says
Gold, silver, and bitcoin will benefit from a Fed pivot, Galaxy Digital's Mike Novogratz told Bloomberg TV. These assets will rise as the dollar is already starting to drop along with rates. But the ...
SoFi is exiting the crypto market — consider these alternatives for trading crypto
SoFi is transferring its customers' crypto to Blockchain.com on December 19. Consider switching to one of these crypto-investing alternatives instead.
US, European officials crack down on crypto service accused of laundering money for North Korean leaders
The US Treasury Department on Wednesday sanctioned a cryptocurrency service accused of helping launder millions of dollars for the North Korean regime.
US will be forced to curtail crypto if industry fails to act on illicit finance threats- official
The U.S. government will cut off cryptocurrency companies from the broader U.S. economy if they fail to block and report illicit money flows, Deputy Treasury Secretary Wally Adeyemo warned the ...
US slaps sanctions on crypto mixer used by N.Koreans for laundering
The United States on Wednesday slapped sanctions on a crypto mixer that it said was serving as a money laundering tool for hackers affiliated with the North Korean government.Crypto mixers are ...
BRIEF-Japan To Lift Assumed Rate For Debt-Servicing For 1St Time In 17 Yrs – Nikkei
JAPAN TO LIFT ASSUMED RATE FOR DEBT-SERVICING FOR 1ST TIME IN 17 YEARS - NIKKEI * JAPAN'S FINANCE MINISTRY WILL RAISE ASSUMED INTEREST RATE PAID ON BONDS IN GOVERNMENT'S ANNUAL BUDGET PROPOSAL FOR 1ST ...
IIFL Finance raises $50 million from Japan’s Mizuho Bank
The loan, priced at 120 basis points over Tokyo overnight average rate (Tonar), will be used for onward retail lending. One basis point is 0.01 percentage point. Tonar is at a negative 0.1%. However, ...
SoFi Is Exiting Crypto With Banking Regulators Stepping Up Scrutiny
SoFi Technologies Inc., the fast growing one-stop shop for financial-services products, is exiting crypto even with token prices surging because of increased scrutiny of the sector by banking ...
Wormhole raises $225 million at a $2.5 billion valuation, finalizing split from Jump Crypto amid firm’s recent pullback
On Wednesday, the project announced that it had drummed up $225 million at a $2.5 billion valuation, which makes it the largest funding round for a crypto project in 2023, according to Crunchbase’s ...
Why This Crypto Firm Wants to Invest 60% of Profits into a Universal Basic Income
The intersection of cryptocurrency and social responsibility took center stage in a recent discussion hosted by Roundtable anchor Rob Nelson and featuring JB, the founder and CEO of Kryotech.