Rising Japanese rates and a stronger yen threaten carry trades and could pressure crypto markets despite easing U.S. policy.
Bank of Japan reluctant to intervene on rising yields, sources say
By Leika Kihara and Takahiko Wada TOKYO, Dec 11 (Reuters) - The Bank of Japan sees limited need for emergency intervention to restrain rising bond yields, a move that runs counter to its effort to ...
Video: Japan’s year in politics 2025
A cheat sheet for everything that happened in Japanese politics this year ...
Do Kwon Gets 15 Years for $40B Terra Luna Crypto Fraud
Behind the scenes, he had struck deals with trading firms to artificially prop up prices, creating what experts later called "a glorified pyramid scheme." ...
UnitedHealthcare murder suspect Luigi Mangione may have had money in crypto, evidence hearing reveals
The suspect in the shooting of UnitedHealthcare CEO Brian Thompson had a cryptocurrency password on him when he was arrested, new evidence revealed.
Judge tells notorious crypto scammer ‘you have been bitten by the crypto bug’ in handing down 15-year sentence
First Sam Bankman-Fried was sentenced to prison for his crypto crime. Now, it’s the turn of Do Kwon, who is widely regarded as crypto’s most infamous fraudster after Bankman-Fried. On Thursday, the 34 ...
Popular crypto company shut down by authorities
The European Union Agency for Law Enforcement Cooperation or Europol, the law enforcement agency of the European Union (EU), supported law enforcement authorities from Switzerland and Germany in ...
Crypto mogul Do Kwon sentenced to 15 years in prison for $40 billion stablecoin fraud
Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud.
Crypto founder Do Kwon sentenced to 15 years in prison over $40 billion collapse
Kwon, who co-founded Terraform Labs and developed the TerraUSD and Luna currencies, pleaded guilty and admitted misleading investors.
Analyst downgrades crypto’s most subscribed IPO as stock sinks
Circle Internet Group (NYSE: CRCL) went public on June 5 on the New York Stock Exchange in what became crypto’s most oversubscribed IPO in decades.
Crypto Entrepreneur Do Kwon Gets 15-Year Prison Sentence
The $40 billion crash of Kwon’s TerraUSD and Luna coins triggered a cascade of company failures across the crypto sector.
Crypto speculation at 2024 lows as TradFi leveraged ETFs hit record $239B
Memecoin dominance is at a 2024 low amid low crypto investor risk appetite, while speculative appetite in traditional finance is bolstering leveraged ETFs to new all-time highs of $239 billion.
Japan, Central Asia to partner on AI mining tech at maiden summit
TOKYO -- Japan will soon establish a framework with Central Asian countries where Japanese artificial intelligence technology will help develop the region's mining sector, Nikkei has learned, as Tokyo ...
Japan central bank may raise key interest rates first time since January to highest level in 30 years. Check factors that are driving Bank of Japan’s likely big bold step
Central banks use the neutral rate as a benchmark in setting policy. But it is not directly observable and hard to estimate as factors affecting it, like productivity, change over time.
Kalshi Challenges Polymarket’s Crypto Connections, Launching Tokenized Event Trading Via Phantom Wallet
As Kalshi’s trading volume surpasses Polymarket’s, it will now offer prediction market access to Phantom’s 15 million users on Solana.
Crypto tax notices: File revised return before assessment, update later
A revised return can be filed before assessment or notice, while an updated return may be filed thereafter. “Once proceedings like search or survey begin, an updated return may not be allowed, and specialised tax or legal advice becomes essential,” says Panjiar.