Portman argues his "common-sense" provision will provide clarity for the crypto industry by standardizing information reporting of brokers. ( read original story ...)
Rothschild-backed RIT co-leads funding for crypto platform Aspen Digital
RIT Capital Partners (RCP.L), the investment trust founded by Jacob Rothschild, is co-leading a funding round for crypto investment platform Aspen Digital intended to finance the creation of an online ... ( read original story ...)
Japan’s post-Olympics stock bounce depends on controlling COVID-19
The shadow of the Olympics has hung over Japan’s range-bound stock market for months, with some fearing COVID-19 disaster while others hoping that medal wins would help the country mentally move past ... ( read original story ...)
Post-Olympics Stock Bounce in Japan Depends on Beating Outbreak
The shadow of the Olympics has hung over Japan’s range-bound stock market for months, with some fearing Covid disaster while others have hoped medal wins would help the country mentally move past the ... ( read original story ...)
Nikkei dips on Delta variant anxiety, Toyota slips after earnings
Japanese shares dipped on Wednesday as concerns about the rapid spread of the Delta coronavirus variant kept investors on edge, while Toyota Motor succumbed to profit-taking after upbeat earnings. ... ( read original story ...)
Crypto Provision In Infrastructure Bill May Force Bitcoin Miners And Blockchain Companies To Flee U.S.
A relatively hidden provision in the $1 trillion bill plans to help pay for new roads and bridges by making the tax collection of crypto activities more efficient. However, it could end up doing more ... ( read original story ...)
Japanese Market Slightly Lower
The Japanese stock market is slightly higher on Wednesday, extending the losses of the previous session, with the benchmark Nikkei index above the 27,600 level, ignoring the broadly positive cues ... ( read original story ...)
Tokyo’s Nikkei share average opens down 0.10 pct
Japan's benchmark Nikkei average opened down 0.10 percent at 27,612.90 on Wednesday, while the broader Topix shed 0.12 percent at 1,928.73. TOKYO, Aug 4 (Reuters) - Japan's benchmark Nikkei average ... ( read original story ...)
Major Luxury Fashion Brands Are Wooing The $2 Trillion Dollar Crypto Market
Today, it is no longer news that the fashion industry has taken the crypto market by the throat, with the intention of milking this $2 trillion dollar cow. ( read original story ...)
Japan’s Post-Olympics Stock Bounce Depends on Controlling Covid
The shadow of the Olympics has hung over Japan’s range-bound stock market for months, with some fearing Covid disaster while others have hoped medal wins would help the country mentally move past the ... ( read original story ...)
Infrastructure Bill Threatens Cryptocurrency Ecosystem: Why Is Crypto Being Targeted With More Tax Reporting Burdens Than Traditional Finance?
The crypto community is rightly outraged over sweeping language that could harm not just cryptocurrency exchanges such as Coinbase, but the software developers and other small entrepreneurs that keep ... ( read original story ...)
Crypto market “rife with fraud, scams and abuse,” SEC chief says
"I worry a lot of people will be hurt," Gary Gensler said of "Wild West" nature of cryptocurrency buying and selling. ( read original story ...)
‘This will probably be the first step’: What crypto investors should know about the Senate infrastructure bill proposal
To fund the infrastructure bill, the Senate proposed a crackdown on crypto tax collection. But investors shouldn't be worried just yet, experts say. ( read original story ...)
SEC Chair Gary Gensler slams crypto as the ‘Wild West’
SEC Chair Gary Gensler called the crypto markets 'rife with fraud,' sending the price of major coins like Bitcoin tumbling. ( read original story ...)
Crypto Rules in Infrastructure Bill Eyed for Bipartisan Rewrite
Senators Ron Wyden and Pat Toomey are drafting a proposal to overhaul a cryptocurrency provision in the $550 billion bipartisan infrastructure bill that traders and investors have criticized as being ... ( read original story ...)
What the SEC chair’s comments on crypto mean for a possible bitcoin ETF
The head of the SEC says that crypto assets need a lot more regulation before they can move forward.Speaking at the Aspen Security Forum, SEC Chair Gary Gensler said, "This asset class is rife with ... ( read original story ...)