Trump names David Sacks as PCAST co-chair, expanding his AI and crypto czar role, with Nvidia's Jensen Huang, Meta's Mark Zuckerberg and Oracle's Larry Ellison also joining.
New crypto draft skips Bitcoin tax exemption
New draft bill omits Bitcoin tax relief, favors stablecoin use.
Nikkei ends lower on Iran war fears
TOKYO: Japan’s Nikkei share average pared some of its earlier losses but still ended slightly lower on Friday, ...
Strategy is accelerating its crypto purchases as rivals sit on the sidelines
Demand for bitcoin as a corporate treasury asset is once again concentrated in Michael Saylor's Strategy as the company steps up its bitcoin buying pace.
Japan tightens naturalization rules, doubling residency minimum to 10 years
Japan will introduce stricter standards for applications for naturalization effective April 1, requiring at least 10 years of residency, along with longer tax payment records, the government announced ...
Kospi plunges 160 points, Nikkei drops 1.6% as oil shock hits Asia
The selloff in Asia was led by South Korea, where the blue-chip Kospi dropped 3.6% and the small-cap Kosdaq fell 2%. Japan was also sharply lower by 1.6%, while losses in Australia, Hong Kong and ...
David Sacks says his time as Trump’s crypto and AI czar has ended
The venture capitalist said he will still be a part of the White House's Technology committee and will help push Trump's AI plan forward.
Bank of Japan Sees Natural Rate Gradually Rising, Signaling Room for Hikes
TOKYO—The Bank of Japan said the nation’s natural interest rate is gradually rising, suggesting there is still room for the central bank to pursue further monetary tightening.
Japan finance minister warns of oil-driven FX speculation, vows decisive action
TOKYO, March 27 (Reuters) - Japanese Finance Minister Satsuki Katayama said on Friday that the government was ready to take decisive steps on foreign exchange, warning against speculative trading ...
Housing giant Fannie Mae to accept crypto-backed mortgages for the first time
Digital assets are making a jump to the mainstream during a troubled time for the sector.
Rohm, Toshiba, Mitsubishi Electric to begin power chip integration talks, Nikkei says
Japan's Rohm , Toshiba and Mitsubishi Electric will start talks to integrate their power semiconductor businesses to form the world's second-biggest power chip group after Germany's Infineon , the ...
Taiwan’s Turing Drive targets Japan expansion to scale self-driving tech
Turing Drive, a Taiwanese startup specialising in autonomous driving technology for specialised uses, plans to expand further in Japan as a step towards wider commercial deployment, Nikkei Asia has ...
Exclusive: Megapot raises $5 million to create a crypto-powered global lottery
The founder says he hopes the online jackpots, which cost $1 to enter, will bring a billion people onto blockchain networks.
Fannie Mae accepts first crypto-backed mortgage product
Better Home and Finance is partnering with Coinbase on a crypto-backed mortgage that conforms to Fannie Mae guidelines.
Crypto for a home? Coinbase brings token-backed down payments to housing market
March 26 (Reuters) - Coinbase is teaming up with Better Home & Finance to let homebuyers pledge their crypto holdings as collateral for down payments, marking one of the most ambitious attempts yet to ...
Nvidia faces lawsuit over $1 billion in undisclosed crypto mining revenue
On March 25, a California federal judge certified an investor class in a securities lawsuit against Nvidia Corporation (Nasdaq: NVDA) and its founder and CEO, Jensen Huang. The lawsuit accuses the ...