Fast-growing crypto-currency assets could pose a danger to the established financial system, a senior Bank of England official has told the BBC. Although not much of UK households' wealth is currently ... ( read original story ...)
Crypto IRS Reporting Rules Promise Tax Compliance—And Enforcement
The recently passed infrastructure act put crypto in the crosshairs, where Congress and the IRS hope to scoop up enormous tax dollars. Soon, there will be Forms 1099-B like stock sales. Plus, a crypto ... ( read original story ...)
Japan stocks lower at close of trade; Nikkei 225 down 0.73%
Japan stocks were lower after the close on Tuesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.73%. The best ... ( read original story ...)
Nike acquires virtual sneakers and crypto collectibles startup RTFKT
In October, Nike filed trademark applications as part of its preparations to sell virtual sneakers and apparel, according to CNBC. Now, the footwear and sports apparel giant has acquired a startup ... ( read original story ...)
Inside BitMEX Crypto Exchange
I think that Hong Kong always has been one of the centers of blockchain and crypto development.” Cryptocurrency exchange @BitMEX remains bullish on Hong Kong and the rest of Asia. CEO @AlexHoeptner ex ... ( read original story ...)
Stock Market Live Updates: Sensex, Nifty at day’s low; RIL, private lenders top drags; Data Patterns IPO sails through within 1 hour
The company had raised Rs 660 crore via its IPO offering shares in the range of Rs 530-550 apiece between December 2-4. Ahead of its listing, the scrip was commanding a mild premium of Rs 45-50 in the ... ( read original story ...)
Japan’s top court backs Kansai Super Market merger -Nikkei
Japan's supreme court has ruled in support of Kansai Super Market's merger with H2O Retailing, the Nikkei business newspaper said on Tuesday, a decision that thwarts attempts by OK Corp to halt the ... ( read original story ...)
Brazil Stock Exchange B3 Plans to Enter Crypto Market in 2022: Report
The country’s only exchange is evaluating opportunities in asset tokenization and digital asset custody, and it also plans to launch a crypto ETF. ( read original story ...)
Gemini Crypto Exchange’s Asia-Pacific Head Exits During Expansion
Gemini Trust Co.’s head of the Asia-Pacific region Jeremy Ng has left the firm after less than two years, according to a person with knowledge of the matter. ( read original story ...)
Nikkei edges down on Omicron fears, bargain hunt caps decline
Japan's Nikkei index edged down on Tuesday, as worries over the Omicron COVID-19 variant and caution ahead of a bevy of central bank meetings offset the boost from investors scooping up cheap stocks. ( read original story ...)
Bank of America’s top female banker in Japan emphasizes ESG
The executive is urging female colleagues to take on new challenges as she forges a path in sustainable finance. ( read original story ...)
Bank of Japan offers huge cash injection to combat rising short-term interest rates
The Bank of Japan offered to pump a combined $97 billion into markets through temporary government bond purchases to counter rise in short-term interest rates. ( read original story ...)
G-7 finance chiefs vow vigilance over COVID variants, supply issues
Finance ministers and central bank governors of the Group of Seven nations have pledged to keep their guard up against new coronaviru ... ( read original story ...)
New Crypto VC Fund Shows Market With Few Signs of Cooling
Private markets specialist Tribe Capital is rolling out its first fund focused on U.S. cryptocurrency companies after notching a number of sizable profits on plays in the sector, according to people ... ( read original story ...)
Bitcoin Bulls Argue for Crypto as a Hedge Against Soaring Inflation
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8% in November, the Labor Department -- specifically the Bureau of Labor Statistics (BLS) -- reported on Dec. 10, and the all ... ( read original story ...)
Green new era dawns for crypto with global mining shift
How well do Bitcoin and other digital assets meet ESG criteria? This question has become ever more important as crypto adoption reaches wider audiences. ( read original story ...)