China’s central bank, issued the draft Regulations on Non-bank Payment Institutions for public comment (Draft Regulations). Th ... ( read original story ...)
What’s shifting the interest in Bitcoin, according to a crypto expert
Meltem Demirors, Coinshares chief strategy officer, joins 'Power Lunch' to discuss the cryptocurrency interest in 2021 and growing regulation around the currency. ( read original story ...)
Blockchain Bites: The Weird and Wonderful in Crypto This Week
It follows several other digital asset companies that have received bank charters, including crypto exchange Kraken and Avanti, which both received state charters in Wyoming. Meanwhile, crypto ... ( read original story ...)
BOJ tops pension whale as Japan’s largest stockholder
The Bank of Japan has surpassed the country's Government Pension Investment Fund as the largest holder of Japanese equities for the first time. Japan's central bank held about 46.56 trillion yen ($442 ... ( read original story ...)
Bitcoin jumps above $38,000 as crypto momentum flirts with key resistance level
The cryptocurrency has steadily trended higher after peaking near $42,000 last month. Technical indicators suggest its current rally has room to run. ( read original story ...)
The 24-year-old founder of 2 crypto hedge funds overseeing $100 million admits to fraud
Stefan He Qin used the assets raised in his two hedge funds to pay for his own personal expenses, including a penthouse apartment. ( read original story ...)
Virgil Capital Founder Admits $100 Million Crypto Fund Fraud
The 24-year-old founder of Virgil Capital, which ran two cryptocurrency hedge funds, admitted to duping investors out of almost $100 million and using the money to support a lavish lifestyle.Stefan He ... ( read original story ...)
Universal Studios Japan delays Nintendo area opening due to virus emergency
On Wednesday Japan widened the emergency beyond Tokyo, the capital, to seven more prefectures, including Osaka, amid a steady rise in coronavirus infections. The emergency is set to run until Feb. 7. ( read original story ...)
IPOs Paid Out Big For U.S. Investors In 2020
Wall Street investors with access to newly listed stocks at their exclusive IPO prices reaped huge returns in 2020, while retail investors who generally miss out on the best prices still made tidy ... ( read original story ...)
Exclusive: Beauty industry supplier Knowlton readies IPO – sources
(Reuters) - Buyout firm Cornell Capital is preparing a U.S. initial public offering (IPO) of Knowlton Development Corp (KDC), which could value the manufacturer and custom formulator of products ... ( read original story ...)
SoftBank Q3 earnings recovery seen driven by IPO boom
TOKYO: SoftBank Group is expected to extend earnings recovery when it reports third-quarter results on Monday as frothy markets drive a rally in ... ( read original story ...)
Stratospheric IPO Debut Makes China’s Kuaishou a Global Media Giant
Shares of Chinese social video company Kuaishou made a stratospheric start in their post-IPO debut on the Hong Kong Stock Exchange. Early trading on Friday morning saw their price nearly triple, ... ( read original story ...)
Asia report: Most markets higher, Japan auto plays rise on Apple rumours
Most markets in Asia closed in positive territory on Friday, with Japanese carmakers having their time in the spotlight amid ongoing rumours of an electric vehicle tie-up with Apple. ( read original story ...)
NYK banks Japan’s first dollar-denominated sustainability loan in $50m deal
Japanese shipowner NYK Line has clinched the country's first foreign currency sustainability linked loan (SLL). The company said it had signed the $50m deal with Shiga Bank over four ... ( read original story ...)
Musk Helps Crypto Market Value Climb to Record in Volatile Week
It seems there’s never a dull week in cryptocurrencies. In the most recent period, Elon Musk’s support for Bitcoin and a record runup in Ether helped take the market value of digital tokens to an ... ( read original story ...)
Crypto-Friendly Travel Firm Travala Becomes the First Merchant to Offer Binance Pay as a Payment Method
Crypto-friendly travel website Travala has announced the integration of a brand-new payment application, Binance Pay. With such a move, the travel booking company becomes the first merchant to ... ( read original story ...)