Former Bloomberg editor Sarah Kopit is planning to quadruple the size of the news outlet to about 80 staffers, she told Insider. ( read original story ...)
FTX signs tennis champion Naomi Osaka as crypto ambassador
Naomi Osaka will take an equity stake and will have an active role with FTX, including creatively directing and producing content alongside FTX. ( read original story ...)
Japan’s yen keeps weakening against dollar, raising possible need for formal intervention
Eisuke Sakakibara, Japan's former top currency diplomat, calls for the country to intervene or hike rates if the yen weakens past 130 per dollar, reports say. ( read original story ...)
JBIC aims to finance additional $500 mn to SBI for Maruti Suzuki’s supply, value chain
The Japan Bank for International Cooperation (JBIC) has disbursed $1.5 billion to SBI to finance Maruti Suzuki's supply and value chain in the country, and it is ready to facilitate $500 million more, ... ( read original story ...)
Japan To Plug Loophole To Prevent Russia From Evading Sanctions Through Crypto
Reuters reports a number of top government officials as promising an imminent change to the country's Foreign Exchange and Foreign Trade Act. ( read original story ...)
Crypto prices rise by more than 5%; Bitcoin up 12% since March 20
Cryptocurrency prices were higher early Monday morning with Bitcoin, Ethereum and Dogecoin all higher by more than 5%. ( read original story ...)
Crypto Scams Surge Amid Ukraine War
There's been a glut of crypto scams during the war. The ongoing war in Ukraine has been a boon for cyber-criminals hoping to financially benefit from an upsurge in cryptocurrency donations to the ... ( read original story ...)
Janet Yellen: Crypto has “Grown by Leaps and Bounds”
U.S. Treasury Secretary Janet Yellen has increasingly warmed to cryptocurrency's use cases and even highlighted the benefits of crypto by claiming digital assets have recently "gr ... ( read original story ...)
Crypto On March 28: Bitcoin Rallies Over $46k, Market Cap Zooms Over $2.1T
The cryptocurrency market received a bullish start to the week as top token Bitcoin rallied over $46.5K after three months. The global market cap was up 4.73% at $2.12 trillion as of 3.50 a.m. ET, ... ( read original story ...)
BL Explainer – Crypto Taxation: Why it is punitive and deterring
What is all the fuss about taxing crypto assets? The Union Budget contained a rude shock for users and traders of crypto and other virtual digital assets. All transfers or sale of these assets was ... ( read original story ...)
Apps Mimicking Popular Crypto Wallets Including Coinbase And Metamask Target iOS, Android Users
A new sophisticated scheme involving iOS and Android apps posing as crypto wallets and targeting new cryptocurrency investors has been uncovered by an internet security company. E ... ( read original story ...)
Yen slips lower after Bank of Japan moves to curb bond yield rise
The yen dropped to a seven-year low on Monday after the Bank of Japan’s latest move to keep a lid on bond yields underscored the central bank’s commitment to loose monetary po ... ( read original story ...)
‘Mr. Yen’ Sakakibara urges Japan to intervene, hike rates if yen slips beyond 130 vs dollar
Japan should intervene in the currency market or raise interest rates to defend the yen if it weakens beyond 130 to the dollar, the country's former top currency diplomat Eisuke Sakakibara said on ... ( read original story ...)
Japan’s Nikkei set to snap 9-day winning streak on profit-taking
Article content “It’s natural that profit-taking would be the focus of trade now.” The Nikkei finished the morning of its lows though, buoyed by the Bank of Japan (BOJ) offe ... ( read original story ...)
Japan cannot confiscate Russian foreign reserves at BOJ -Finance Minister Suzuki
... current law does not allow the government to confiscate the reserves of foreign central banks held by the Bank of Japan (BOJ), Finance Minister Shunichi Suzuki said on Monday. Suzuki made the ... ( read original story ...)
Japan’s Suzuki: Government cannot confiscate reserves foreign central banks park with BOJ
Japanese Finance Minister Shunichi Suzuki said on Monday, “under the current law, the government cannot confiscate reserves foreign central banks park with the Bank of Japan (BOJ). His comments come ... ( read original story ...)