Whatever you make of it, Bitcoin has enshrined itself in the mind of many bankers, financial regulators and consumers around the world over the past few years. ( read original story ...)
Crypto Tycoon Goes To War With Hawaii Locals Over Beach
Blockchain mogul Jonathan Yantis wants quiet near his $24 million mansion on Maui. Locals are painting him as an exclusionary rich “asshole.” ... ( read original story ...)
Japanese banks sound caution for earnings as Omicron highlights bad loan risks
The capital and most of Japan are now under curbs to contain the spread of the virus. Sumitomo Mitsui Financial Group Inc, the country's second-largest bank, reported a third-quarter net profit of 168 ... ( read original story ...)
Crypto Bros Saved the Luxury Industry
Young Americans flush with stock market and cryptocurrency gains boosted sales of high-end goods. 2022 will be trickier. ( read original story ...)
India Says Crypto Not Illegal as It’s Taxed Like Gambling Win
The Indian government said it doesn’t treat trading in crypto assets as illegal, a day after it announced taxing such transactions just the same as winnings from gambling. ( read original story ...)
Japan’s three megabanks post mixed results, cautious over outlooks amid COVID uncertainties
TOKYO (Reuters) -Japan’s top banking groups gave cautious outlooks on Wednesday for the coming months as they brace for risks associated with COVID-19’s Omicron variant outbreak and turbulence in ... ( read original story ...)
Japan’s Nikkei 225 rises almost 2%; multiple Asia markets remain closed for Lunar New Year holidays
Markets in mainland China, South Korea, Hong Kong and Singapore were closed on Wednesday for the Lunar New Year holidays. ( read original story ...)
Japan’s Nikkei 225 rises more than 1%; multiple Asia markets remain closed for Lunar New Year holidays
Markets in mainland China, South Korea, Hong Kong and Singapore are closed on Wednesday for the Lunar New Year holidays. ( read original story ...)
Crypto’s Next Big Thing? Mastering Your Domain
Hello from Team Crypto at Bloomberg and welcome to our newsletter, a twice-weekly guide to all things crypto. If someone forwarded this to you, sign up here. In today's issue, Senior Editor Michael P. ( read original story ...)
Japan’s Nikkei 225 rises 1% as multiple Asia markets remain closed for Lunar New Year holidays
Load Error The Nikkei 225 gained 1.05% in early trade while the Topix index advanced 0.97%. In Australia, the S&P/ASX 200 climbed 0.99% in morning trade. MSCI's broadest index of Asia-Pacific shares ... ( read original story ...)
How Crypto Investors Are Handling Plunging Prices
Amid a cryptocurrency plunge, some investors say they're taking a long-term view of the market to weather the storm. ( read original story ...)
Facebook’s Crypto Project Is Officially Dead
Facebook’s long-term stablecoin project, Diem, is finally shutting down. On Monday, an outside investment firm, Silvergate Bank, confirmed it was buying $182 million worth of Diem assets from the tech ... ( read original story ...)
A Look at Tom Brady’s Crypto/NFT Heavy Post-Retirement Second Act
Tom Brady retired from the NFL Tuesday, but his post-retirement life looks to be heavily involved in NFTs and cryptocurrency. ( read original story ...)
Crypto Industry Hopes Looming Legal Brawl Will Thwart SEC’s Regulation Push
The booming cryptocurrency sector’s complaints that Washington has gone too far in cracking down on its unregulated products are getting tested in a lawsuit targeting digital coin XRP. ( read original story ...)
Japan’s Nomura Q3 net profit drops 39per cent as pandemic-era trading boom slows
Nomura Holdings Inc, Japan's biggest brokerage and investment bank, reported on Tuesday a 38.7per cent drop in quarterly net profit as the pandemic-era trading boom waned.October-December profit came ... ( read original story ...)
Billionaire Saylor’s MicroStrategy Bought $25 Million In Bitcoin During Last Month’s $500 Billion Crypto Market Crash
Despite the SEC cracking down on how it's accounting for its massive crypto stash, the data analytics company helmed by staunch bitcoin bull Michael Saylor keeps buying more. ( read original story ...)