The remarks came less than a week after FTX filed for bankruptcy on Friday. Concerns about FTX's financial position, sparked by a report by the crypto publication CoinDesk, prompted customers to ...
Crypto startup Ripple is seeking a license in Ireland to drive EU expansion
In this article U.S.-based crypto company Ripple no longer derives most of its income from America and is looking to expand its reach in Europe, its top lawyer said. Speaking in an interview with CNBC ...
Man Group Readies Crypto Hedge Fund Despite FTX Chaos
Man Group Plc is close to starting a dedicated cryptocurrency hedge fund, delving deeper into a market that’s reeling from the collapse of exchange operator FTX. The world’s largest publicly-traded ...
SORACOM Applies for Listing on the Tokyo Stock Exchange
TOKYO, November 18, 2022--(BUSINESS WIRE)--KDDI CORPORATION and SORACOM, INC, a global provider of advanced IoT connectivity services, today announced that SORACOM has applied to list its shares on ...
Coinbase’s Brian Armstrong: ‘I’m just as bullish on crypto as ever’
We’ll send you a myFT Daily Digest email rounding up the latest Life & Arts news every morning. Ahead of my lunch with crypto exchange chief Brian Armstrong, his team tell me they had tried to find a decent restaurant in San Francisco that accepted ...
This is what kind of legal trouble FTX and Sam Bankman-Fried could now face, based on details from the crypto exchange’s latest bankruptcy filing
FTX's bankruptcy filing shed new light on potential legal trouble for the crypto exchange and its former execs. New CEO John J. Ray III delivered a blistering assessment, calling FTX's implosion "a complete failure of corporate controls." Read some of the ...
Japan Could Increase Taxes On EVs To Combat Falling Revenue
Japan’s Ministry of Finance is also looking for ways to counteract an expected drop in gasoline tax revenue and may introduce a tax based on driving distance.
Treat investing in crypto like a trip to Las Vegas after FTX’s collapse, says billionaire investor David Rubenstein
Buying crypto is like going to a casino because investors are more likely than not to lose their money, according to billionaire investor David Rubenstein. The Carlyle Group founder said on Thursday ...
Hong Kong’s leading crypto retail operator says it ceases trading as FTX fallout roils sector
HONG KONG, Nov 18 (Reuters) - A leading cryptocurrency retail service provider in Hong Kong said it has ceased trading as the broader fallout from the collapse of FTX, and solvency issues at other ...
Japan’s inflation hits 40-year high
Price rises in Japan are driven by its weakened currency, the yen, but also rising costs of raw materials, energy and global supply constraints. It’s now the seventh straight month that nationwide ...
Japan inflation hits four-decade high in October
Japanese inflation hit a four-decade high last month, government data showed Friday, fuelled by high energy costs and a weak yen and ramping up pressure on the central bank to move away from its ultra ...
Japan’s overall consumer inflation ruses 3.7% in October
TOKYO — Japan’s overall consumer inflation rose 3.7% from a year earlier in October, exceeding the Bank of Japan’s 2% target for the seventh consecutive months, government data showed Friday. The pace ...
Japan’s inflation hits 40-year high as Bank of Japan sticks to easy policy
Japan's core consumer inflation accelerated to a 40-year high in October, driven by currency weakness and imported cost pressures that the central bank shrugs off as it sticks to a policy of ultra-low ...
Japan’s Nikkei posts first weekly drop in four as growth shares drag
TOKYO, Nov 18 (Reuters) - Japan’s Nikkei share average closed lower on Friday ... The U.S. S&P 500 fell overnight as St. Louis Federal Reserve Bank President James Bullard said more interest rate ...
Fiat Currencies Around The World Face The Same Fate As The FTX Fiasco
Just like we saw FTX blow up, I think we’re gonna see Japan and then the U.K. and then the ECB all blow up kind of the same. While FTX might have been a black eye for bitcoin now, when those blow up, ...
Crypto firm Multicoin expects contagion from FTX to wipe out many trading firms in coming weeks
Multicoin Capital, one of the top crypto venture firms, told investors in a letter on Thursday that FTX's collapse will cause additional failures. "Many trading firms will be wiped out and shut down," ...