Company officials say at hearing that digital assets wouldn’t easily be regulated under existing financial regulations. ( read original story ...)
Meta’s WhatsApp will allow crypto payments through Novi wallet in U.S
Meta Platforms Inc's cryptocurrency wallet, Novi, will allow users to send and receive money through the social media giant's messaging app, WhatsApp. The pilot program is open to a limited number ... ( read original story ...)
Crypto CEOs Head to Congress to Push Back on Looming Regulations. Here’s What to Expect
As debates about cryptocurrency regulation continue to be waged around the world, six key executives will attempt to defend the rapidly growing field before Congress ... ( read original story ...)
MapMyIndia IPO subscribed 2.02 times on Day 1
MapMyIndia is selling shares for 1,000-1,033 apiece to raise as much as Rs 1,039.6 crore at a valuation of Rs 5,500 crore. The IPO, a pure offer for sale, will see investors and promoters offload up ... ( read original story ...)
Stock Market Live Updates: Sensex swings between gains & losses; Nifty tests 17,450; Asian Paints, L&T gain 2% each; MapmyIndia IPO off to firm start
The benchmark indices slipped marginally lower as investors booked profit following a sharp rally in the past two sessions. The broader markets, meanwhile, gained with investors eyeing the inflation ... ( read original story ...)
Japan’s SBI to take majority stake in Shinsei Bank -Nikkei
Japan's SBI Holdings aims to take a majority stake in Shinsei Bank and apply to form a holding company by the end of the year, the Nikkei reported on Thursday. (Reporting by Sakura Murakami; Editing b ... ( read original story ...)
Development Bank of Japan Inc. — Moody’s affirms Development Bank of Japan’s A1 ratings; outlook stable
Moody's affirms Development Bank of Japan's A1 ratings; outlook stableGlobal Credit Research - 09 Dec 2021Withdraws instrument-level outlooks of Development Bank of JapanTokyo, December 09, 2021 -- ... ( read original story ...)
The Japanese tech firms on the rise
We look at the top-funded companies in Japan, and check out a startup that’s teaching people how to play games. ( read original story ...)
Japanese stocks see biggest weekly foreign outflow in over two months
The Nikkei share average dropped 2.5 per cent and the Topix index lost 1.37 per cent last week, in their second consecutive week of decline. ( read original story ...)
There Are Thousands of Different Altcoins. Here’s Why Crypto Investors Should Pass on Most of Them
Altcoins is the name for cryptocurrencies other than Bitcoin. Ethereum is presently the most popular altcoin, followed by other stablecoins, meme coins, and more. ( read original story ...)
Crypto execs head to Capitol as Congress mulls regulations
Cryptocurrency executives went to Capitol Hill Wednesday to say their fast-growing industry understands more regulation is likely coming, but they don't want it to squelch the next wave of the ... ( read original story ...)
Nikkei slips as investors turn cautious before Fed, BOJ meetings
TOKYO, Dec 9 (Reuters) - Japan's Nikkei share average sank on Thursday, snapping a two-day winning streak, as investors turned cautious ahead of key central bank meetings next week. The Nikkei 225 ... ( read original story ...)
Fear of Outages Is Boosting Chinese Battery Unicorn on IPO Track
EcoFlow Inc., a Sequoia-backed portable battery maker, is betting on rising demand from outdoor enthusiasts and doomsday preppers to boost its business before an initial public offering in its ... ( read original story ...)
MapmyIndia IPO opens for subscription today. Why analysts see it as long-term bet? GMP, other details
The IPO is entirely an offer for sale of up to 10,063,945 equity shares by existing shareholders and promoter. The public issue is expected to fetch ₹1,039.6 crore at the upper end of the price band. ( read original story ...)
Crypto Gets Its Day With Congress
Top executives from six giant players in the crypto world came to Capitol Hill on Wednesday for Congress’s first broad hearing on the industry. To hear them tell it, they are already well regulated, ... ( read original story ...)
Crypto makes its case to Congress
We're not the Wild West — but give us clearer rules of the road: This was the message to Congress from the heads of six cryptocurrency companies on Wednesday.Why it matters: Never before have crypto ... ( read original story ...)