The yen may fall through the more-than three-decade low it reached last year amid Japan’s widening monetary policy divergence with the US, according to Eisuke Sakakibara.
‘Most comprehensive proposal to date’: Lummis and Gillibrand to reintroduce landmark crypto bill
A fter months of teasing an updated version of their ambitious crypto legislation, Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) are set to reintroduce their Responsible Financial ...
Bitcoin Retakes $30K, Asian Stocks Hit 5-Week Low Ahead of U.S. Jobs Report
Bitcoin (BTC) bounced and Asian stocks fell Friday as investors awaited U.S. nonfarm payrolls data after Thursday's ADP report showed better-than-expected private-sector hiring in the world's largest ...
Mystery $120 Million Outflow Hits Crypto Bridge Multichain Whose CEO Is Missing
A crypto service used to move tokens between blockchains suffered an unexplained outflow of assets worth more than $120 million, according to digital-asset security specialist BlockSec.
First Mover Asia: Bitcoin Whales Are Increasing, but BTC Sent to Exchanges Continues to Fall. What Does the Trend Mean?
Insights: Large bitcoin holders are increasing, but BTC sent to exchanges are sinking. Is the trend bullish? Crypto investors inferred more from an unexpectedly torrid ADP private sector jobs report ...
Maybe the second half of 2023 will have greater capital flowing into crypto, but maybe not
Looking at the first half of 2023, funding for crypto startups continued to grow more scarce. In Q2, venture capital flowing into the industry dropped for the fifth consecutive quarter since Q1 2022 to $2.
Binance Operates Beyond Crypto’s Borders, But Not Above the Law
In this issue of the Bloomberg Crypto newsletter, Emily Nicolle ponders the implications for crypto of Binance’s regulatory woes.
Feds search crypto exec’s home amidst stalking, hacking allegations: NYT
The FBI searched cryptocurrency magnate Jesse Powell’s home in March following allegations that the Kraken exchange founder hacked and cyber-stalked a nonprofit he had also founded, according to reports from The New York Times.
Japan’s Nikkei slumps for fourth straight session on Fed tightening concerns
Japan's Nikkei share average fell on Friday for a fourth consecutive day, tracking overnight declines in U.S. stocks after strong labour market data fuelled speculation the Federal Reserve will become ...
Japan’s Nikkei tracks Wall Street lower on Fed rate hike bets
Japan's Nikkei share average fell on Friday, tracking declines in U.S. stocks overnight after strong labour market data added to bets of additional Federal Reserve interest rate hikes. The Nikkei lost ...
Japan’s base salaries jump most since 1995, puts Bank of Japan’s policy into view
Bank of Japan Governor Kazuo Ueda regards pay growth as a key gauge to consider in deliberations about a shift in policy.
BOJ likely to forgo YCC tweak in July despite broadening inflation – ex-c.bank official
The Bank of Japan may revise up this year's inflation forecast but will likely hold off on tweaking its yield curve control (YCC) policy in July to await more evidence that wages will keep rising, its ...
Japan’s Largest Banks Collaborate to Introduce Stablecoins to Cosmos
Japan, known for its technological advancements and progressive regulatory environment, is making significant strides in the cryptocurrency landscape. In a groundbreaking partnership, the country’s ...
Ex-BoJ’s Kameda: Japanese central bank may hold off YCC tweak in July
Bank of Japan’s (BoJ) former top economist, Seisaku Kameda, said in a Reuters interview on Friday, the Japanese central bank will likely refrain from making any adjustments to its yield curve control ...
Japan’s GPIF posts $72 bln investment gain in Q4
Japan's Government Investment Pension Fund (GPIF) reported on Friday an investment gain of 10.3 trillion yen ($71.77 billion) in January-March, ending a four-quarter losing streak.
F.B.I. Searched the Home of Crypto Exchange Founder
Federal agents were investigating Jesse Powell, the founder of the crypto exchange Kraken, over claims that he hacked and cyber-stalked a nonprofit arts group.