Tag: banking

Asia’s biggest financial centers seem eager to encourage the growth of the crypto industry while protecting consumers and preventing contagion if things go wrong.

BANK of Japan policymakers debated the inflation outlook at their January meeting, with some warning that it could take time for wages to rise sustainably, a summary of opinions at their meeting ...

Asia-Pacific shares are set to climb/drop, taking the lead from losses on Wall Street while investors also looked ahead to some economic data in the region.

"For all their talk of innovation and financial inclusion, crypto industry giants — from FTX to Celsius to Voyager — are collapsing under the weight of their own fraud, deceit and gross mismanagement, ...

A new nuclear-powered data center in Pennsylvania will host bitcoin mining. This is the first nuclear-powered bitcoin mine in the United States. Bitcoin mining is a historically pollution-filled ...

Japan stocks were higher after the close on Wednesday, as gains in the Communication, Machinery and Transportation Equipment sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.35% ...

For a brief moment in 2021, it looked like crypto had finally found its killer application: video games. The “play-to-earn" game Axie Infinity had notched millions of users and platforms like Sandbox raked in venture funding.

Bitcoin is taking a breather after leading a broader crypto rebound in January. The digital coin remains up by nearly 40% in January.

Despite the headline inflation cooling down, the Fed will likely continue raising interest rates to meet its inflation target. Moreover, S&P 500 earnings are estimated to have declined in ...

Instead of rushing to implement a stringent licensing regime, a new amendment means France will wait on EU-wide ruling to arrive.

The once-burgeoning realm of crypto and decentralized finance keeps imploding, presenting policy makers with a quandary: Should they just let it burn, or step in to address its now-obvious flaws? The ...

Bankrupt crypto lender BlockFi accidentally revealed it had over $1.2 billion in assets tied to FTX and its sister trading arm Alameda Research, according to CNBC. The redacted sections include "trade ...

Modulo Capital operated out of the same luxury Bahamas resort where Sam Bankman-Fried lived. Like SBF, its cofounders used to work at Jane Street.

Japan's benchmark Nikkei stock index extended its rally to a fourth session Wednesday as cyclical stocks outperformed although gains were subdued amid concerns the market may be overheating. The ...

An elderly woman in Tokyo has been swindled out of 97 million yen, or about 744,000 dollars, in cryptocurrency after receiving a fraudulent phone call warning her that her bank account was being used ...

Financial documents that were mistakenly uploaded from bankrupt crypto firm BlockFi show a $1.2 billion relationship with FTX and Alameda Research.