Japan's banking system remains stable as a whole and has sufficient buffers against risks, including the possibility the economy may take some time to recover from the scars of the coronavirus ... ( read original story ...)
Pandemic Put Tailwind Behind Crypto Markets: Ripple Labs
Brad Garlinghouse, chief executive officer at Ripple Labs Inc., discusses the trends he’s seeing for the cryptocurrencies, U.S. regulations and the possibility of the company moving out of the U.S. He ... ( read original story ...)
Russian officials must now declare crypto holdings
Russia's public officials will be mandated to declare all private crypto assets holdings from New Year’s Day, 2021. The requirements were announced on Oct. 20 by the office of Russian prosecutor ... ( read original story ...)
Tokyo’s Nikkei share average opens down 0.48 pct
Japan's benchmark Nikkei average opened down 0.48 percent at 23,525.59 on Thursday, while the broader Topix shed 0.59 percent at 1,627.92. TOKYO, Oct 22 (Reuters) - Japan's benchmark Nikkei average ... ( read original story ...)
US PayPal users can soon use crypto in lieu of fiat currency
PayPal has announced its foray into the crypto market, launching a new service that will allow users to buy, hold, and sell digital currency. After receiving a conditional Bitlicence from the New York ... ( read original story ...)
Japan stocks set to trade lower as IMF downgrades growth forecast for Asia Pacific
Shares in Japan were set to trade lower at the open, as the International Monetary Fund on Wednesday downgraded its growth forecast for Asia-Pacific. Futures pointed to a lower open for Japanese ... ( read original story ...)
How Taxes Will Complicate Crypto Payments On PayPal
Paypal is preparing to launch a digital wallet and a Cryptocurrency Hub allowing its customers to buy, hold and sell cryptocurrencies like bitcoin, ethereum, bitcoin cash, and litecoin. Beginning in ... ( read original story ...)
US crypto derivatives merchants need to leave customer funds alone, says CFTC
The CFTC has issued new guidance for crypto derivatives markets that hold customer funds, much of which boils down to "be very, very careful." Per guidance released Wednesday evening ... ( read original story ...)
PayPal’s Big Crypto Move Is All Hype
Cryptocurrencies like bitcoin are a fun way to skirt money-laundering laws and pay for drugs, but, according to reporting by Reuters, it appears you’ll now be able to use it to pay for Beanie Babies ... ( read original story ...)
PayPal gets into crypto with new features for trading and shopping
PayPal's new cryptocurrency service will launch in the U.S. in the coming weeks and features bitcoin, ethereum, bitcoin cash and litecoin. By early 2021, the company also plans to let customers use ... ( read original story ...)
Regulation will keep PayPal’s new crypto services from looking anything like crypto
For now, PayPal's crypto payments are more about satisfying regulators than providing users with crypto capabilities. ( read original story ...)
Coinend: 1,2,3 Take off – New Gamified Crypto Prediction Platform
Coinend has announced the launch of its cryptocurrency gamified platform. GPC DIGITAL S.A operates this cryptocurrency-based gamified prediction portal, a ... ( read original story ...)
Bitcoin soars to new 2020 high on PayPal shift to crypto
Bitcoin, the largest digital coin, soars after PayPal announced that it would allow customers to use cryptocurrencies. ( read original story ...)
PayPal Pledges to Bring Crypto to 26M Merchants, Confirming Market Entry
The New York Department of Financial Services license allows PayPal to offer cryptocurrency services through a partnership with Paxos. ( read original story ...)
Private equity grabs Japan’s carve-out opportunities
Japanese conglomerates have woken up to the need to divest non-core assets; international private equity houses have plenty of dry powder with which to buy them. This happy alignment appears to have ... ( read original story ...)
Japan to set emission ambition of net zero by 2050: Nikkei
Japan's government will next week pledge to reduce greenhouse gas emissions to net zero by 2050, Nikkei reported on Wednesday. ( read original story ...)