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Tag: banking

Posted on 23/05/2021

Bitcoin pizza day? Laszlo Hanyecz spent $3.8 billion on pizzas in the summer of 2010 using the novel crypto

It's Bitcoin Pizza day in the crypto community! About 11 years ago on May 22, Laszlo Hanyecz, one of the early adopters of the newfangled cryptocurrency ... ( read original story ...)

Posted on 23/05/2021

A crypto crash wiped out $1 trillion this week. Here’s what happened

Wild, stomach-churning moments are part of the experience when you buy a ticket to the crypto circus. But the past week's volatility was enough to make some of the crypto faithful wonder whether ... ( read original story ...)

Posted on 23/05/2021

Musk says he supports crypto in battle with fiat money

Musk has previously compared bitcoin to fiat money and often tweets about cryptocurrencies that have sent values for bitcoin and the meme digital currency dogecoin up and down. In February, bitcoin ... ( read original story ...)

Posted on 23/05/2021

Summers Says Crypto Has Chance of Becoming ‘Digital Gold’

Former U.S. Treasury Secretary Lawrence Summers said cryptocurrencies could stay a feature of global markets as something akin to “digital gold,” even if their importance in economies will remain ... ( read original story ...)

Posted on 22/05/2021

2 crypto pros break down why bitcoin in the clear for now after plunging 35% in a matter of days

"We believe that most of the leverage is out of the system now and bitcoin should start to form a base here," said Pankaj Balani of Delta Exchange. ( read original story ...)

Posted on 22/05/2021

The US Treasury Wants $10K+ Crypto Transfers to Be Reported to the IRS

The IRS has already started tracking taxpayers who own cryptocurrencies and can legally seize assets of tax evaders. The Treasury’s proposal is also part of Biden’s comprehensive tax compliance plan, ... ( read original story ...)

Posted on 22/05/2021

Softbank’s Son Opposes Olympics; India Cases Slow: Virus Update

Japan’s slow vaccine rollout and the spread of variants is adding to fears that new virus mutations could be imported because of the Games and worsen the already-strained medical system. Singapore ... ( read original story ...)

Posted on 22/05/2021

India Cases Slow; Singapore Has First School Link: Virus Update

Hong Kong is considering a partial opening of its border with mainland China as early as next month and Osaka is seeking an extension of its state of emergency, according to media reports. Europeans ... ( read original story ...)

Posted on 22/05/2021

Here’s How Much of Your Investing Portfolio Should Be in Crypto, According to 5 Experts

For more information, see How We Make Money. Bitcoin’s sharp drop in value this week is a perfect case study of the risks associated with crypto investing. Cryptocurrency is still an extremely ... ( read original story ...)

Posted on 22/05/2021

Ron Insana on crypto volatility: This is just plain nuts and nonsensical

Ron Insana, CNBC senior analyst and commentator, Schroders North America senior advisor, and CNBC's Kate Rooney join 'Power Lunch' to discuss the volatility in cryptocurrency. ( read original story ...)

Posted on 22/05/2021

Secai Marche nabs $1.4M to extend food supply chain connecting farmers with F&B in Asia

Kuala Lumpur-based Secai Marche, the Japanese startup behind shared food supply chain for the Southeast Asian market under the same name, ... ( read original story ...)

Posted on 22/05/2021

Today In Payments Around The World: Nayax Lands $142 Million In IPO; Square Rolls Out In Ireland

In today’s top payments news around the world, Nayax raised about $142 million in an initial public offering (IPO), while Square has launched in Ireland. ( read original story ...)

Posted on 22/05/2021

Japan finance group SBI faces likely stop order at social lending unit

Japanese financial authorities are likely to order a unit of online financial firm SBI Holdings to suspend operations over alleged illegal soliciting from investors, sources familiar with the matter ... ( read original story ...)

Posted on 22/05/2021

Japan’s obsession with perfection is an Olympic-sized problem

While it is true that you can set your watch to the departures and arrivals of Japan's trains, from the high-speed shinkansen to more humble commuter rails and subways, you do not really need a watch ... ( read original story ...)

Posted on 22/05/2021

Crypto payments above $10,000 would be reported to IRS under Treasury plan

The Biden administration wants businesses to report cryptocurrency transactions with values of at least $10,000 to the Internal Revenue Service. "Cryptocurrency already poses a significant detection ... ( read original story ...)

Posted on 22/05/2021

Former Broker Patrick Horsman Launches A Crypto Hedge Fund

Horsman was forced to resign from Blue Sand Securities after being accused of misrepresentation and fraud in a pending civil lawsuit ... ( read original story ...)

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