TOKYO -- The Bank of Japan is moving to raise its policy rate at the Dec. 18-19 monetary policy meeting with a 25-basis-point increase from 0.5% to 0.75% emerging as the leading option, Nikkei has ...
Crypto fraudster sentenced for 15 years prison for $40 billion fraud
A South Korean national and former crypto entrepreneur had been had been sentenced to jail for an ‘epic’ fraud.Do Kwon, was co-founder of Singapore-based Terraform Labs, which
Klarna Partners With Privy to Explore Crypto Wallet Use Within its Ecosystem
The project aims to make crypto more accessible to everyday users, building on Klarna's recent launch of KlarnaUSD, a dollar-backed stablecoin.
The rebirth of the Nikkei: why investors are turning their eyes to Japan
The Japanese stock market has made a strong comeback and is once again on investors’ radar after years of being overlooked due to a weak economy and a deflationary backdrop.
Japans Nikkei climbs after relief rally on Wall Street; tech shares slide
The Nikkei 225 Index rose 0.9% to 50,610.04 as of the midday break, set to eke out a 0.2% gain on the week. The broader Topix was up 1.6% after reaching a record intraday high of 3,420.57.
Kyocera and Canon to invest in Japanese chipmaker Rapidus
TOKYO -- Over 20 Japanese companies including Kyocera, Canon and Honda Motor are making fresh investments in chipmaker Rapidus, which aims to domestically produce cutting-edge semiconductors, Nikkei ...
Treasury Secretary Bessent to propose major changes that could reshape crypto regulation
The U.S. Treasury’s top markets watchdog is about to change how Washington thinks about “systemic risk,” and crypto could be one of the biggest winners.
Crypto Entrepreneur Who Caused 2022 Crash Is Sentenced to 15 Years in Prison
Do Kwon, who designed the virtual currencies Luna and TerraUSD, which plunged in 2022, had pleaded guilty to fraud.
Crypto fraudster sentenced for ‘epic’ $40bn stablecoin crash
A former crypto entrepreneur who was behind two digital currencies that collapsed and lost an estimated $40bn ($29.9bn) has been sentenced by a New York judge to 15 years in prison for an "epic" fraud ...
Analyst warns key Fed decision could reprice crypto after Michael Burry’s alert
The Federal Reserve is about to flip the liquidity switch back on, and crypto may be one of the first places it shows up.
Crypto mogul Do Kwon to be sentenced for misleading investors who lost billions
Cryptocurrency mogul Do Kwon is scheduled to be sentenced for misleading investors who lost billions when his company’s crypto ecosystem collapsed in 2022 ...
Nikkei 225 Slips As SoftBank Slump And BOJ Hike Fear Pressure Tech Stocks
SoftBank drops 7% after Oracle fallout. Nikkei closes 0.9% lower at 50,149. BOJ hike concerns add pressure to tech and export names. Read more here.
China bans another emerging tech after blanket crypto ban
China’s explicit ban on RWA tokenization arrives just as the global sector surpasses $30 billion in tokenized assets led by funds such as BlackRock’s $2 billion BUIDL.
Crypto mogul Do Kwon to be sentenced for misleading investors who lost billions in stablecoin crash
Cryptocurrency mogul Do Kwon is scheduled to be sentenced for misleading investors who lost billions when his company’s crypto ecosystem collapsed in 2022.
Asia Morning Briefing: Fed Cut Brings Little Volatility as Bitcoin Waits for Japan
CryptoQuant data shows seller exhaustion as whales pull back from exchanges, while traders prepare for a closely watched BOJ meeting that could influence global liquidity.
Japan Carbon Capture Startup’s IPO in 2027 ‘Not Off the Table’
TBM Co., a Japanese maker of carbon capture technology and recycled materials, has started preparatory work for an initial public offering on the Tokyo Stock Exchange’s Growth Market to list in the ...