Development and expansion of Tadawul is one of the key pillars of the Vision 2030 plans to grow the financial sector of the economy ... ( read original story ...)
Crypto Yuan Will Meet the Dollar — in Hong Kong
Hong Kong, according to China’s Commerce Ministry, which is also planning similar evaluations in Shanghai, Macau, Beijing, Tianjin and the p ... ( read original story ...)
South Korea urged to follow Japanese lead on coal finance ban
South Korea has been castigated by environmentalists and international investors for failing to follow Japan in slashing funding for coal power overseas. The criticism was levelled as Moon Jae-in’s ... ( read original story ...)
Federal Reserve Watch: Central Bank Swaps Tapering Off
One of the major efforts made by the Fed to combat the economic recession and possible liquidity crisis was to create a central bank swap facility with foreign central banks. ( read original story ...)
BlockFi Raises $50M to Connect Digital Assets and Traditional Finance to Make Crypto Mainstream
Interview with BlockFi CEO Zac Prince. BlockFi is the secured non-bank lender that offers cryptoasset-backed USD loans to cryptoasset owners. ( read original story ...)
Revealed: Twitter Habits of the Crypto Elite
The Winklevoss twins not only share physical similarities, but Twitter habits as well. Many crypto heavyweights use Twitter as their primary tool for sharing information (or even misinformation) about ... ( read original story ...)
First Mover: Wacky Bitcoin-to-DeFi Crypto Markets Might Be New Home of Capitalism
Cryptocurrency markets from bitcoin to DeFi might be full of rampant speculation, but they might be keeping the fires of capitalism lit. ( read original story ...)
BlockFi Raises $50M From Universities, NBA Star, Others as Crypto Lending Soars
BlockFi, a major player in the crypto lending sector, has now raised nearly $100 million in the past 12 months. ( read original story ...)
IRS Plans to Ask Every American Worker if They Used Crypto in 2020
Every American filing taxes for 2020 will have to tell the IRS whether they used crypto this year, according to new drafts from the tax agency ... ( read original story ...)
Today In Payments: $50B In Crypto Moved Out Of China; Uber Health To Deliver Meds
In today's top news, $50 billion worth of cryptocurrency was transferred out of China, and Uber Health and NimbleRx have teamed on prescription delivery. ( read original story ...)
Hong Kong gives approval in principle to OSL for first crypto exchange license
Hong Kong's markets regulator has agreed in principle to issue a license to cryptocurrency firm OSL Digital Securities, a unit of Fidelity-backed BC group , the company said in an exchange ... ( read original story ...)
Robinhood’s former head of crypto joins FTX.US as COO
Sina Nader, the former head of crypto at brokerage firm Robinhood, has joined FTX.US exchange as COO, The Block has learned.The post Robinhood's former head of crypto joins FTX.US as COO appeared ... ( read original story ...)
Japan gets ready to lift COVID-19 reentry ban on foreigners
TOKYO -- Japan has begun preparing to allow long-term foreign residents to return to the country in September, Nikkei has learned, after facing criticism as the only Group of Seven economy to ... ( read original story ...)
Tokyo court grants protective order to recover some funds lost in the 2018 Coincheck hack
Tokyo's Metropolitan Police Department is anticipating the recovery of stolen funds from 2018's Coincheck exchange hack. To that end, law enforcement obtained a protective court order in March ... ( read original story ...)
Los Alamos National Laboratory builds an AI system to detect illicit crypto miners
Los Alamos National Laboratory, partly-owned by the U.S. Department of Energy's National Nuclear Security Administration, has developed an artificial intelligence (AI)-based system to detect illicit ... ( read original story ...)
Bitcoin Has Lost Its Way: Here’s How to Return to Crypto’s Subversive Roots
Bitcoin has traded its radical potential for the prospect of mainstream adoption. It's not worth it, writes Rachel-Rose O'Leary. ( read original story ...)