The two Far East financial hubs take a comprehensive approach to overseeing crypto, and are likely to attract businesses from around the world. They don’t appear on CoinDesk’s Crypto Hubs 2023 ranking ...
The SEC’s only ‘regulated’ crypto exchange is a joke–and everyone knows it
Prometheum Capital says it has discovered an SEC-compliant way to offer crypto. So why can no one understand how it works?
Seth Klarman explains why he avoids crypto yet has a Coinbase investment
Klarman's Baupost Group reported a $29 million stake in Coinbase convertible debt at the end of the first quarter.
The first leveraged bitcoin futures ETF is hitting the market as crypto gains new momentum
The Volatility Shares 2x Bitcoin Strategy ETF (BITX) is set to launch on Tuesday, making it the first leveraged bitcoin futures fund.
Mizuho Leads Japanese Banks in AI Adoption, Enables Use of Microsoft’s Azure OpenAI for All Employees
Mizuho Financial Group, Inc (NYSE: MFG) enables all Japan bank employees to use Microsoft Corp’s (NASDAQ: MSFT) Azure OpenAI service. The banking firm will let 45,000 workers at its core lending units ...
Japan Finance Minister Suzuki: To respond appropriately if FX moves turn excessive
Japanese Finance Minister Shunichi Suzuki said on Tuesday that sharp and one-sided moves were observed in the currency market and it was vital for currencies to move stably reflecting economic ...
Japan Finance Minister vows to respond if yen weakening becomes excessive
Japan's Finance Minister Shunichi Suzuki kept up verbal warnings on Tuesday against the yen's depreciation, saying he would respond appropriately if currency moves became excessive.Suzuki's latest ...
As Japan prepares to release Fukushima wastewater, anxiety grows across South Korea
As Japan plans to release treated radioactive water from the crippled Fukushima nuclear power plant into the sea this summer, concerned South Koreans are stocking up on sea salt. ( read original story ...)
Japan to reinstate South Korea as preferred trade nation from July 21 as two sides improve ties
Japan announced Tuesday a decision to reinstate South Korea as a preferred nation with fast-track trade status from July 21, virtually ending a four-year economic row that was strained during their ... ( read original story ...)
From Kobe to Turkey: Japan NGO helps heal after quake
Over 56,000 people were killed when a devastating earthquake hit Turkey and Syria in February. Many survivors, including children, were scarred by the experience. NHK World's Fujie Risa spoke with one ... ( read original story ...)
Japan Exempts Token Issuers from the 30% Crypto Tax on Paper Gains
New tax exemption in Japan allows token issuers to save on corporate taxes, boosting the growth of the crypto industry and encouraging token issuance activities ...
Brokerage Firm Prometheum Wants to Use Exemption to Trade Crypto
Prometheum’s plan involves the use of an exemption that regulators created 50 years ago to permit trading of shares that were restricted.
How We Ranked CoinDesk’s Crypto Hubs 2023: Our Methodology
Ranking crypto hubs worldwide with some level of accuracy and credibility is fraught with challenges. We had basic questions like: What is the
Zug: Where Ethereum Was Born and Crypto Goes to Grow Up
Tiny is mighty when it comes to Zug's performance across all the criteria in our Crypto Hubs 2023 rubric. With a small population, Zug scored
EU Reaches Agreement on Crypto Asset Regulations in Banking
The EU has reached a political agreement on regulations to safeguard the financial system from “unbacked cryptocurrencies” and strengthen banks.
Roundup: Japan’s Nikkei ends lower for 4th day as tech shares drop
Japan benchmark Nikkei stock index closed lower on Tuesday extending its losing streak for a fourth-straight day as technology issu ...