Crypto firms that survived the industry’s steep downturn in 2022 are now engaged in a flurry of dealmaking they hope will better prepare them for the next boom.
Japan plans to issue over 6-tln-yen local gov’t bonds in FY 2023
In recent years, the issuance of ESG bonds has gained popularity in Japan, with a growing number of local governments and companies turning to these bonds as a way to finance sustainable projects and ...
The Biggest Crypto Bull Cycle is Upon Us: Bernstein
Macro catalysts are aligning for bitcoin, the world’s largest cryptocurrency by market cap, the note added, with continued weakness in U.S. regional banks and further deposit outflows towards money ...
Philip Hammond warns of ‘real risk’ to London financial services from EU crypto bill
Former UK chancellor Philip Hammond has warned the EU's forthcoming crypto regulation bill could create such an attractive trading environment for the web3 sector that Brussels could eclipse London ...
Japan stocks higher at close of trade; Nikkei 225 up 0.51%
Japan stocks were higher after the close on Tuesday, as gains in the Power, Rubber and Transport sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.51% to hit a new 6-months high.
Warren Buffett’s Visit Helps Prolong Nikkei Rally
Warren Buffett’s gift keeps on giving. Tokyo stocks closed Tuesday at their highest level in eight months, supported by the Bank of Japan’s pledge to keep its easy-money policy and comments by the wor ...
Crypto Lender Babel’s Creditor Protection Extended in Singapore
A Singapore court extended creditor protection for crypto lender Babel Finance by about three months, its co-founder Flex Yang said.
Britain could see crypto-specific regulation in the next 12 months, top lawmaker says
The British government laid out plans in February to regulate cryptoassets and opened its suggestions up for consultation.
Japan’s Nikkei rises eighth straight day on earnings optimism, weaker yen
Lenders Resona Holdings Inc and Concordia Financial Group Inc were among the sharpest gainers on the Nikkei, jumping more than 2.5%. Mazda Motor Corp climbed 2.04% after the yen depreciated for a ...
Japan Insurer’s Plan to Sell Foreign Debt Flashes Market Warning
A Japanese insurer with $65 billion of assets plans to offload all its currency-hedged foreign debt holdings, foreshadowing what may become a renewed wave of selling by some of the biggest investors ...
Gary Gensler’s new assault on DeFi puts him on a legal limb
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Crypto stablecoins might need limits to avoid disruptions to financial stability, warns Bank of England
Volatility in the crypto markets raised questions about just how stable so-called stabelcoins like Tether's USDT, Circle's USDC and Binance's BNB truly are.
Crypto Investments See Positive Flows for Fourth Consecutive Week: CoinShares
Digital asset investment products saw net inflows totalling $114 million last week, according to data from CoinShares, with bitcoin-related products receiving the overwhelming majority of that new ...
Canada’s New Crypto Rules Push Trading Platforms to Comply or Leave
Canada’s recent moves to impose stricter rules on crypto companies show that US regulators have allies in cracking down on the asset class after last year’s turmoil.
Crypto Guy Forced to Sell Apes After Falling for Scam
Yet another NFT collector got caught up in a scam, losing millions of dollars worth of crypto in the process. Collector and aerospace engineer Frank Caldwell II, better known by his online handle ...
New York Finance Regulator to Bill Crypto Firms for Annual Supervision Fees
The New York State Department of Financial Services will start charging cryptocurrency firms registered in the state for the costs of annual supervision and examination.