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Category: FINANCE

Posted on 11/09/2023

CFTC DeFi Actions: Crypto Innovation Is Not Welcomed In The U.S.

CFTC charges three entities related to the development of decentralized financial marketplaces in an unprecedented hostile approach towards the crypto space.

Posted on 11/09/2023

Decentralizing Regulation Will Help Crypto Innovate

Blockchain and tokenized assets are decentralized by nature, and it makes sense for regulation to follow suit; it’s a win-win for innovators, investors, and policymakers alike.

Posted on 11/09/2023

Joe Biden, China And G20 Leaders Back ‘Swift’ Game-Changing Crypto Price Rules For $1 Trillion Bitcoin, Ethereum, BNB And XRP Market

U.S. president Joe Biden and leaders of other G20 member nations have endorsed the radical, game-changing crypto regulation recommendations of the global Financial Stability Board ...

Posted on 11/09/2023

Apple event, Arm Holdings IPO, UAW deadline, 9/11 anniversary top week ahead

Earnings and economic data will begin on the 22nd anniversary of 9/11, with the largest IPO of 2023 expected midweek and UAW deadline for Ford, GM and Stellantis this week.

Posted on 10/09/2023

Japan PM says he plans cabinet reshuffle, ‘drastic’ economic measures

Japanese Prime Minister Fumio Kishida said he plans to reshuffle his cabinet as early as Wednesday, and will compile a package of "drastic" economic measures soon after to boost the country's fragile ...

Posted on 10/09/2023

Linkage Global Finalizes $7.5 Million U.S. IPO Plan

Linkage Global Inc. has filed for a U.S. IPO to raise $7.5 million. The company offers online marketing and cross-border sales services in Japan, Mainland China, and Hong Kong. Due to operational and ...

Posted on 09/09/2023

‘Deeply Concerned’—Fed Issues Serious $120 Billion Crypto Warning As Price ‘Death Cross’ Looms For Bitcoin And Ethereum

A top Federal Reserve official, Michael Barr, has warned he's "deeply concerned" about the $120 billion stablecoin market that's exploded over the last few

Posted on 09/09/2023

Crypto keeps winning in court—but Wall Street may claim the spoils of victory

W hen longtime crypto firm Grayscale beat the SEC before the influential D.C. Circuit Court of Appeals last week, it was the industry’s most high-profile legal victory to date. The decision joins two other recent rulings that likely will pave the way for crypto to enter mainstream finance.

Posted on 09/09/2023

Tokyo stocks end lower as tech shares fall on Apple concerns

Tokyo stocks ended lower Friday as technology shares dropped on concerns over the outlook for Apple Inc. while the U.S. dollar's top- ...

Posted on 09/09/2023

USD/JPY Price Forecast: Yen Ready to Take on USD According to Japanese Officials

USD/JPY is approaching intervention territory as the pair heads towards the 150 mark. Upcoming US CPI is likely to provide short-term directional guidance this week.

Posted on 09/09/2023

Japan’s financial agency proposes new crypto tax reform

Japan’s Financial Services Agency (FSA) is taking the initiative to regulate cryptocurrencies and has proposed significant changes to the country’s tax code related to digital assets. The proposal, ...

Posted on 09/09/2023

Nomura Sees Broader Market Hurdles To Delay Crypto Unit’s Profitability Levels

Nomura (NYSE: NMR), a Japan-headquartered global financial services group, announced its cryptocurrency unit Laser Digital is likely to take a longer period to report profitability levels.

Posted on 09/09/2023

Ripple buys crypto infrastructure startup in its second acquisition of 2023

Cryptocurrency company Ripple on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure.

Posted on 09/09/2023

Former FTX exec Ryan Salame to forfeit $1.5 billion after guilty plea: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and ...

Posted on 09/09/2023

CFTC Cracks Down on DeFi Firms Over Crypto Derivatives Trading

Opyn, ZeroEx and Deridex agreed to fines to settle charges that they illegally offered derivatives trading in cryptocurrency.

Posted on 09/09/2023

FTX Probing If Millions in Payments to Shaq, Naomi Osaka Can Be Returned

FTX Group advisers have scrutinized whether they can claw back millions of dollars paid to Shaquille O’Neal, tennis star Naomi Osaka and other professional athletes and teams that promoted Sam Bankman ...

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