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Category: FINANCE

Posted on 01/08/2023

SEC sues entrepreneur, alleging $1 billion in unregistered crypto sales and multimillion-dollar fraud

Richard Schueler, also known as Richard Heart, defrauded investors out of millions through his Hex cryptoasset, the SEC alleged.

Posted on 01/08/2023

Bank of Japan’s Shift Helps Japanese Stocks. What It Means for the U.S.

For Japanese savers, pension funds, and insurers, staying close to home suddenly looks much more attractive than buying U.S. Treasury bonds.

Posted on 01/08/2023

Japan Blockchain Association demands tax cuts for crypto

JBA seeks the elimination of income tax on the profits generated each time an individual exchanges crypto assets.

Posted on 01/08/2023

SEC sues entrepreneur over $1 billion in unregistered crypto sales and multi-million-dollar fraud

Richard Schueler, also known as Richard Heart, defrauded investors out of millions through his Hex cryptoasset, the SEC alleged.

Posted on 01/08/2023

Japan reports 24.5-bln-USD special forex account surplus in FY 2022

TOKYO, July 31 (Xinhua) -- The Japanese finance ministry on Monday reported a surplus of 3.48 trillion yen (about 24.5 billion U.S. dollars) in the country's special account for forex funds in the ...

Posted on 31/07/2023

The ‘crypto couple’ is pleading guilty in their alleged $4.5 billion bitcoin heist. Here’s how the saga unfolded.

Ilya Lichtenstein and Heather Morgan, an eccentric couple known for walking a leashed Bengal cat, will plead guilty in a bitcoin-laundering scheme.

Posted on 31/07/2023

Are Crypto and Credit Cards More Alike Than We Think?

We spoke with one crypto expert about the similarities and differences between the mass adoption of credit cards and cryptocurrencies.

Posted on 31/07/2023

‘Upside down world’: How crypto thrives even after attacks

The industry’s rebound underscores the challenge that Gary Gensler’s SEC faces as it looks to bring the business into the U.S. regulatory fold.

Posted on 31/07/2023

Japan’s megabanks eye BOJ boost after solid first quarter

Two of Japan's megabanks reported solid quarterly profits on Monday amid hopes the Bank of Japan's (BOJ) nudge towards policy normalisation will herald a sea change in their business after years of ...

Posted on 31/07/2023

Schroders Shorts Japan Bonds, Pimco Likes Yen in BOJ Game Plan

Top money managers are doubling down on convictions the Bank of Japan is well on the road to exiting the world’s boldest experiment with ultra-loose monetary policy.Most Read from BloombergLots of US ...

Posted on 31/07/2023

Senator Elizabeth Warren Unveils ‘Toughest’ Crypto Bill Yet

Warren has long been a proponent of stringent rules in the banking industry, and is now hoping to bring the same rules to crypto.

Posted on 31/07/2023

What Crypto Investors Need To Know About Worldcoin

Worldcoin seems to represent one the first, if not the first, crypto project that is almost entirely reliant on AI for its business model to operate as advertised while maintaining the levels of ...

Posted on 31/07/2023

Crypto Futures Show Bias for Uniswap’s UNI Token After Curve Finance Exploit

A multi-million dollar exploit of stablecoin-focused decentralized exchange (DEX) Curve Finance has traders pivoting toward the rival Uniswap's ...

Posted on 31/07/2023

Coinbase CEO Reveals SEC Requested Exchange To Halt All Crypto Trading Except Bitcoin Before Lawsuit

The SEC filed a lawsuit against Coinbase, one of the world's largest centralized crypto exchange platforms by trading volume, in June citing violations of the federal securities law, accusing it ...

Posted on 31/07/2023

Japan’s Nikkei hits 4-week peak amid bond market calm, earnings boost

TOKYO, July 31 (Reuters) - Japan's Nikkei share average reached a four-week high on Monday, as a calm bond market following the Bank of Japan's surprise policy tweak and growing optimism from a ...

Posted on 31/07/2023

Japan’s FY 2022 forex account surplus of $25 billion beats estimate

Japan had a larger-than-estimated surplus of 3.48 trillion yen ($25 billion) in its special account for forex funds in fiscal 2022, h ...

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