"It has been a rough period for crypto given the lost confidence with stablecoins and expectation for a much harsher regulatory environment." ... ( read original story ...)
Panic in the crypto market has Janet Yellen’s attention
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the ... ( read original story ...)
What this week’s Terra stablecoin fiasco means for crypto and what investors can learn from it
But UST's isn't the first depegging in stablecoins and it probably won't be the last. Here's what you need to know about this week's Terra fiasco. ( read original story ...)
SoftBank to keep majority stake in Arm after IPO, Son confirms
Chairman Masayoshi Son confirmed on Thursday that the Japanese conglomerate would keep a majority stake in semiconductor designer Arm after it undergoes an ... ( read original story ...)
ASEAN+3 finance chiefs warn on rate hike risk to region
Asian finance chiefs on Thursday warned of the "downside risks" from Russia's invasion of Ukraine to the economic recovery of their region, even as they said they expect that their countries will ... ( read original story ...)
Tokyo stocks close lower after US falls
Tokyo stocks ended lower on Thursday, tracking Wall Street falls on concerns over US monetary tightening.The benchmark Nikkei 225 index fell 1. ( read original story ...)
What happens in crypto may not stay in crypto this time around
Crypto is creaking. Unfortunately, even those fund managers in normal markets like stocks and bonds who have studiously avoided focusing on this freewheeling asset class, need to ... ( read original story ...)
Japan’s Nikkei ends near 2-month low after Wall Street slides
Japan’s Nikkei fell to its lowest in almost two months on Thursday as technology heavyweights tracked a sharp decline on Wall Street overnight. We apologize, but this video has failed to load. Try ... ( read original story ...)
A crypto trader who referred to himself as ‘Coin Signals’ was slapped with a 42 month prison sentence for defrauding 170 people
Jeremy Spence was hit with the prison term this week for a crypto scam that he ran from November 2017 to April 2019. According to a Justice Department press release, Spence managed various crypto ... ( read original story ...)
Bitcoin news – live: Crypto prices collapse as investors say they have lost fortunes
Follow all the latest news, analysis and expert price predictions for bitcoin, as well as other leading cryptocurrencies like Ethereum, Solana, and Cardano ... ( read original story ...)
Stablecoin tether breaks its peg and drops to $0.95 as panic hits crypto markets after collapse of TerraUSD
Tether — which is supposed to be worth $1 — suffered its biggest drop in over a year as it dropped as low as $0.945. ( read original story ...)
Japan freezes assets of Russia’s Sberbank, Alfa Bank
The Japanese government on Thursday froze the assets of Russia's largest financial institution, Sberbank, and Alfa Bank, its largest private bank, due to the Russian war on Ukraine. Japan decided to ... ( read original story ...)
Bank of Japan members in no rush to change easing policy as inflation temporary
This photo taken on May 18, 2016, shows the head office of the Bank of Japan in Tokyo. (Mainichi) TOKYO (Kyodo) -- Bank of Japan board members saw the need to underscore their commitment to ... ( read original story ...)
Japan’s SoftBank sinks to losses as investments sour
SoftBank Group sank into losses in the past fiscal year as the value of its global investments declined, the Japanese technology company reported Thursday. SoftBank Group Corp. reported red ink ... ( read original story ...)
Japan Finance Minister tells ASEAN+3 Russia’s invasion of Ukraine having serious impact on Asia
Japanese Finance Minister Shunichi Suzuki said on Thursday Russia's "unjustifiable" invasion of Ukraine was having a serious impact on Asia's regional economies. Suzuki told reporters he made the ... ( read original story ...)
What does a weaker yen mean for investors in Japan?
Changing economic circumstances could alter the market impacts of currency weakness explain experts Masaki Taketsume, George Brown and Robbie Boukhoufane. ( read original story ...)