The remark follows a warning by International Monetary Fund head Kristalina Georgieva that China should reassess its zero-Covid approach to the pandemic. ( read original story ...)
Bank of Japan’s Kuroda Faces Tough Task to Persuade Markets He Won’t Pivot
The Bank of Japan chose not to deviate from its planned bond purchases, holding fire on Wednesday even as yields continued to rise.Most Read from BloombergAmazon Is Raising Base Salary Cap to $350,000 ... ( read original story ...)
Crypto’s aspiring Washington kingmaker
Sam Bankman-Fried — the 29-year-old billionaire who founded FTX in 2019 — is leveraging his new political connections as lawmakers try to understand crypto. ( read original story ...)
Judge Grants Bail to Crypto Couple in $4.5 Billion Hack
A New York judge granted bail for two people charged with trying to launder billions of dollars worth of Bitcoin stolen in a 2016 hack of the Bitfinex currency exchange. ( read original story ...)
Japan’s cash in circulation hits record for 11th straight month
Japan's M3 money supply, a broad measurement of the amount of money available in the economy, rose 3.3% in January from a year earlier, Bank of Japan data showed, slowing from a 3.4% gain in December. ( read original story ...)
China Has a Dual Language on Crypto, Launches Digital Yuan
As athletes from around the world converge on Beijing to compete in the Winter Olympics, China used the occasion to debut the digital Yuan. The arrival of the e-CNY is the latest chapter in China's ... ( read original story ...)
A 29-year-old CEO is pushing crypto during the Super Bowl by giving away millions in bitcoin
Americans tuning in to the Super Bowl on Sunday will be inundated with ads from cryptocurrency companies, including the trading platform FTX, which plans to give away millions of dollars in bitcoin. ( read original story ...)
Money for nothing: Cities’ crypto push draws fans, critics
A small group of cryptocurrency enthusiasts has an offer that they’re hoping U.S. cities can’t refuse. The group City Coins is asking Miami and New York to accept the equivalent of millions of dollars ... ( read original story ...)
Feds Bust Couple in $4.5 Billion Bitfinex Crypto Heist
A New York couple allegedly used 'a labyrinth of cryptocurrency transactions' to launder crypto stolen in the Bitfinex hack. ( read original story ...)
It’s not too late to invest in crypto, because adoption could only now be nearing a ‘hyper-inflection point,’ Wells Fargo says
You aren't too late to invest in crypto because it's still early days for the asset class, the bank said. Performance figures of cryptocurrencies are skewed because prices have risen from ... ( read original story ...)
Cryptocurrency donations to groups backing Ukraine are soaring as threat of war with Russia looms, says crypto analytics firm
Thousands of dollars in crypto donations are pouring into groups supporting Ukraine as a war with Russia brews, said a report by Elliptic. The crypto analytics firm said more than $570,00 in ... ( read original story ...)
N.Y. couple conspired to launder crypto billions, feds allege
A New York couple was arrested Tuesday and charged with conspiracy to launder billions of dollars' worth of stolen bitcoin, resulting in the seizure of $3.6 billion in cryptocurrency, the Justice ... ( read original story ...)
Wild Hipster Couple Accused in $4.5 Billion Crypto Crime
A New York City couple were arrested Tuesday morning by federal agents on charges of laundering some $4.5 billion stolen in a massive 2016 cryptocurrency exchange breach. Ilya “Dutch” Lichtenstein, 34 ... ( read original story ...)
Regulation By Enforcement And Crypto Assets
The SEC has its eye on the crypto sector and is eager to take action to better protect investors from crypto scams. But regulation by enforcement, a historically criticized practice, is not the ... ( read original story ...)
Japan stocks higher at close of trade; Nikkei 225 up 0.13%
Investing.com – Japan stocks were higher after the close on Tuesday, as gains in the Paper&Pulp, Railway&Bus and Real Estate sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.13% ... ( read original story ...)
Arm deal collapse leaves SoftBank asset sales in disarray
The collapse of SoftBank Group Corp's deal to sell chip designer Arm to Nvidia marks a major setback to the Japanese conglomerate's efforts to generate funds at time when valuations across its ... ( read original story ...)