The new stablecoin regulations in the country will allow local exchange platforms to provide stablecoin trading "under the condition of asset preservation by deposits and upper limit of remittance." ...
Lawyer fees mount in crypto bankruptcies
A series of players have succumbed to the ongoing crypto winter including FTX, BlockFi, Voyager Digital and Celsius with customer accounts largely frozen. The novel legal issues about digital asset ...
Japan’s Nikkei hits 1-week high as retailers soar amid China hopes
Japan's Nikkei index touched a one-week high on Tuesday, as retailers soared after Takashimaya raised its profit forecast and amid hopes that big-spending Chinese tourists will return. Financials also ...
Jakarta-based fintech Akulaku raises $200M from Japan’s largest bank
Jakarta-based fintech Akulaku has raised $200 million from Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan. This is part of a strategic investment, with startup and MUFG planning to ...
Japan’s Suzuki: Will continue to strive for the FY2025 main balance target
Japanese Finance Minister Shunichi Suzuki said in a statement on Tuesday that “we will continue to strive for the fiscal year 2025 main balance target. His comment comes after Japanese Prime Minister ...
First Mover Asia: Bitcoin Ho Ho Holds Near $16.9K
ALSO: CoinDesk columnist David Z. Morris considers one of the few upsides to the debacles that have deeply wounded the crypto industry in 2022.
Will Japan’s Easing Of Stablecoin Regulations Boost Cryptocurrency Trading, International Remittances?
The Japanese government is reviewing significant cryptocurrency regulations related to the use of stablecoins like Tether (CRYPTO: USDT) and USD Coin (CRYPTO: USDC), according to a report.
No. 5 scam of 2022 – crypto scam
WGAL's Brian Roche is counting down the top scams of 2022, and the crypto scam is in the No. 5 spot. ABC News ...
Asia markets set to trade lower; China says it will end quarantine for inbound travelers
China officially said it will end quarantine for inbound travelers — symbolizing an end to its zero-Covid policy that it's held for nearly three years.
Japan to Lift Ban on Domestic Stablecoin Distribution in 2023
In its latest move to becoming more crypto-friendly, the Japanese FSA announced it would ease stablecoin restrictions in 2023.
It was a bad year for crypto. It was even worse for these guys
Fortune Crypto provides smart and timely news about Bitcoin, Ethereum and how startups and big companies are using blockchain to transform finance and investing.
Crypto Lender Vauld Faces Debt-Plan Deadline as Takeover Talks With Nexo in Limbo
Acquisition talks between crypto lenders Nexo and Vauld haven’t yet resulted in an agreement, as Vauld stares down a Jan. 20 deadline to present a restructuring plan to creditors.
Apple Faces $98 Million Hit on Back Taxes in Japan, Nikkei Says
Apple faces about $98 million in back taxes in Japan, a bill that appears to be tied to bulk sales of duty-free devices to foreign tourists, Nikkei reported.
Beware the ‘pig butchering’ crypto scam sweeping across America
Another variation of the Amazon scam involves a criminal calling a potential victim and indicating a suspicious purchase has been flagged on the user's account, which has resulted ...
Crypto’s very bad year yielded even worse falls from grace. Here’s a list.
Here are five prominent falls from grace that shook the crypto world in 2022. Once hailed as the “white knight” of crypto, the former FTX CEO is now on house arrest at his parents house in Palo Alto, ...
‘Merry Christmas’—Shock $300 Million Binance Bombshell Could Be About To Hit The Price Of Bitcoin And Crypto
Bitcoin BTC and cryptocurrency prices have been sent sharply lower by the ongoing FTX crisis that could be about to engulf other major crypto companies. The bitcoin price has plunged to lows not seen ...