In a recent policy brief, the Blanco Public Policy Center at the University of Louisiana at Lafayette, in collaboration with Restore the Mississippi River Delta, emphasizes the need for investment in ...
Japan’s path to bitcoin-linked ETF trading pocked with obstacles
TOKYO -- Japan appears hesitant to scale the tax and other hurdles that stand in the way of approving exchange-traded funds (ETFs) that track bitcoin prices despite growing expectations in the ...
Global Tax Chiefs Issue Crypto Assets Risk Indicators For Financial Institutions
The Joint Chiefs of Global Tax Enforcement (J5) has issued a warning to financial institutions about risk indicators tied to cryptocurrency assets that may indicate
CNBC Daily Open: Musk’s artificial intelligence startup raises $6 billion
Elon Musk's artificial intelligence startup, xAI, secured $6 billion in Series B funding, valuing the company at $24 billion.
Japan’s 10-year bond yield hits 13-year high; Nikkei average sinks
TOKYO -- Thursday has been a busy day for traders and investors in Japan's financial markets as the 10-year government bond yield rose to a 13-year high, the Nikkei Stock Average was down by more than ...
Japan’s Fintech Awakening: Navigating Demographic Shifts With Financial Technology
Despite being one of biggest and advanced economies in the world, Japan still lags in digital-payment adoption. There are a number of reasons for this, and solutions.
Gemini customers get back over $2 billion in crypto from Genesis bankruptcy
Bankrupt crypto lender Genesis and crypto exchange Gemini have returned over $2 billion in crypto to 232,000 retail customers in their jointly managed Gemini Earn program, giving customers a 242% ...
Nikkei stock index sinks over 2% at opening after Wall St. losses
The Nikkei index tumbled over 2 percent early Thursday on selling spurred by overnight losses on Wall Street and concern over the rec ...
Japan to tie chip, machine tool subsidies to tech leak safeguards
TOKYO -- Japan will require companies in critical sectors including chips and machine tools to take steps to prevent cross-border technology leaks in order to qualify for government aid, Nikkei has ...
Can BlockDAG Reach $30? Global Events From Japan To London Fuel Hype; Uniswap Faces Resistance & Aave Sees More Inflows
Explore BlockDAG – the new bull run crypto’s global rise from Japan to Piccadilly Circus, with $30 projections. Dive into UNI’s price predictions & Aave news.
Gemini crypto exchange to return $2.18B to defrauded investors after New York settlement
Gemini crypto exchange said Wednesday that following a settlement with the New York Attorney General's office, $2.18 billion will be returned to defrauded users of the company's Earn program.
Disbarred California attorney pleads guilty in $9.5M crypto Ponzi scheme
Disbarred California attorney David Kagel entered a guilty plea on Tuesday to conspiring to operate a cryptocurrency Ponzi scheme that stole more than $9.5 million from victims, the Justice Department ...
Over 90% of Japan companies agree to base pay hikes in 2024: survey
TOKYO -- A record percentage of Japanese companies raised their base pay this year amid inflation and a persistent labor shortage, a Nikkei survey has found. Around 70% of the 544 respondents received demands for a higher base pay from unions. Of them, 94.1% increased base pay, compared with 87.9% in 2023.
Panel: Japan must restore fiscal discipline to protect yen’s value
TOKYO >> Japan must restore fiscal discipline to brace for rising interest rates, and to ensure market trust in the yen is maintained, an influential ruling party panel said in a draft proposal on ...
Customers of Winklevoss-run crypto firm are poised to get their frozen assets back in 232% recovery
Customers of the crypto platform Gemini can expect to recover more than three times the value of their digital assets that were ensnared in the fallout of FTX — a rare outcome for creditors involved in a bankruptcy.
Bitcoin, crypto get $187 million investment from Wisconsin board
The State of Wisconsin Investment Board is the first public institution in the country to invest in cryptocurrency. The board has invested a total of $187.1 in funds and companies associated with bitcoin and other cryptocurrencies, according to a May 14 quarterly filing with the U.S. Securities and Exchange Commission.