Initially, recipients in Mexico will be able to cash out crypto in local currency at more than 37,000 locations across the country, or save the crypto they’ve received in their Coinbase account. ( read original story ...)
Some lawmakers and their families are betting thousands of dollars on crypto
Seven Republicans bought or sold crypto, including Sen. Pat Toomey, the ranking member of the banking committee. Only one Democrat reported a transaction, Rep. Marie Newman of Illinois. The most ... ( read original story ...)
Crypto companies ramp up lobbying effort as regulators tighten oversight. Here’s how much Coinbase, Ripple and Binance paid in 2021
As U.S. regulators tighten oversight of the digital asset space, crypto companies are doubling down their lobbying efforts. Companies that engage in crypto-related businesses spent at least $4.9 ... ( read original story ...)
Eight Congress Members Traded Crypto in Last Year
Those trading crypto included seven Republicans and one Democrat. Bitcoin saw the most action: $229,000 worth of trades, according to CNBC. Then came ether with $40,000 of trades. Joke currency ... ( read original story ...)
Japan manufacturers’ mood sinks to 11-month low in Feb – Reuters Tankan
* Service sector index +3 in Feb vs +8 in Jan * Manufacturers' outlook seen lower By Kantaro Komiya TOKYO, Feb 16 (Reuters) - Japanese manufacturers' business confidence fell to an 11-month low in ... ( read original story ...)
Crypto Hackers Steal $36 Million from Retirement Accounts
The incident took place on Feb. 8 when IRA Financial discovered "suspicious" activity that affected some customers relying on the Gemini Trust Co. crypto exchange. Chainalysis, a blockchain data ... ( read original story ...)
You Get the Crypto Rules You Pay For
Matt Levine is a Bloomberg Opinion columnist covering finance. He was an editor of Dealbreaker, an investment banker at Goldman Sachs, a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & ... ( read original story ...)
No crypto champs crowned during Super Bowl
Crypto went mainstream on Sunday, via a series of hyped Super Bowl ads that featured everything from LeBron to Larry David to a bouncing, technicolor QR code. Be smart: This was a new customer ... ( read original story ...)
Super Bowl Crypto Ads Ripped By Senator, Says They Didn’t Mention ‘Scams’
"Big crypto companies are looking to make big profits [and] are desperate to reach as many Americans as they can. They brought in celebrities and gimmicks to make crypto sound exciting and daring and ... ( read original story ...)
More and more crypto investors are seeking out addiction therapy
Her new clients, many of whom were from San Francisco, described to her how the crypto industry was wrecking their mental health. Crypto’s wild ride, Fiore said, was affecting their psyche. “‘Should I ... ( read original story ...)
Coinbase Enables Mexican Users to Easily Cash Out of Crypto Sent to Them
Global crypto exchange Coinbase (COIN) has enabled a cash-out service in Mexico to convert crypto into fiat and allow users to save on fees. Coinbase said Tuesday that users in Mexico can now convert ... ( read original story ...)
Crypto volatility? Most owners will ‘hodl’ no matter what, says Deutsche Bank study
But a new study by Deutsche Bank finds that the people who are betting on Bitcoin (or Ether, Dogecoin or any other crypto) are in it for the long haul, no matter how rocky things get. The report, ... ( read original story ...)
JPMorgan calls for regulatory quick fix for crypto hedging
LONDON, Feb 15 (Reuters) - New rules are needed urgently to give banks certainty in handling cryptoassets on behalf of big customers who want to enter the rapidly evolving market, a senior executive ... ( read original story ...)
“Every dish must look like art”: the Japanese-Peruvian culinary sensation of ‘Nikkei’
The unlikely combination of Japanese cooking skills and Peruvian cuisine creates a recipe for a truly unique taste, otherwise known as ‘Nikkei’. 'Sushi' is a word recognised worldwide due to Japanese ... ( read original story ...)
Western Union (WU) Extends Relationship With Japan’s Seven Bank
The Western Union Company WU recently announced that the company has boosted its decade-old relationship with Japan’s Seven Bank through a tenure extension. The move solidifies Western Union’s ... ( read original story ...)
Japan offers Ukraine $100 m in loans
Japan is also ready to provide assistance to Ukraine in the ... pledging to "continue close coordination for de-escalation". On Monday, a statement by finance ministers from the G7 group of most ... ( read original story ...)