The CFTC accused the stablecoin giant of falsely claiming that it backed each of its digital tokens with an equivalent amount of U.S. dollars. Tether said the issues have since been corrected. ( read original story ...)
Steam Bans Games With Crypto and NFT Trading
Any "applications built on blockchain technology that issue or allow exchange of cryptocurrencies or NFTs" are now banned from Steam ... ( read original story ...)
Bank of Japan Aims for Financial ‘Coexistence’ With CBDC
The Bank of Japan underlined the importance of a simple, interoperable central bank digital currency, should it decide on one. ( read original story ...)
Crypto Imperiling $7 Trillion Of Stocks Makes China’s Point
The problem is the way crypto risks are “creeping” into more than $7 trillion worth of market capitalization in the old-school analog stock market. ( read original story ...)
Japan stocks higher at close of trade; Nikkei 225 up 1.81%
Japan stocks were higher after the close on Friday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 1.81%. The best ... ( read original story ...)
Inside the World of Black Bitcoin, Where Crypto Is About Making More Than Just Money
At the Black Blockchain Summit, there is almost no conversation about making money that does not carry with it the possibility of liberation. This is not simply a gathering for those who would like to ... ( read original story ...)
Ethereum could soon hit a record high of $4,900 thanks to its growing power in the crypto market, Fundstrat says
Ethereum's token looks set for a breakout and could soon top $4,900, research house Fundstrat has forecast. Analysts said ether's market share has grown in recent days, a positive sign for the ... ( read original story ...)
Bitcoin briefly hits $60,000 for the 1st time since April as crypto ETFs look set for watershed SEC approval
Market sentiment is on the upturn as the SEC appears ready to allow the first US bitcoin futures ETF to start trading next week. ( read original story ...)
Super Thursday, Filling Gaps, Crypto Regulator Talk, Amazing Alcoa, AMD Love
Plus, an FDA advisory panel gives a unanimous boost to a Moderna booster shot and Boeing slumps on a negative news report. ( read original story ...)
Bank of Japan Seeks ‘Plain, Easy-to-Cook’ CBDC Model
The Bank of Japan should try to develop a central bank digital currency (CBDC) that can coexist easily with private payment methods, an executive director has said in a speech. ( read original story ...)
Tax officials tighten their grip on crypto
A US territory, the island has made a play for a piece of the tax haven pie since 2012, when it passed two laws that resulted in a drastic reduction in rates. The transformation caught the eyes of ... ( read original story ...)
Japan’s Nikkei hits 2-week high on tech boost, marks 1st weekly gain in four
Japan's Nikkei jumped to a more than two-week high on Friday and posted its first weekly gain in four, after overnight gains on Wall Street boosted technology heavyweights ahead of their earnings ... ( read original story ...)
Stocks in Asia tack on to global rally, Nikkei 225 jumps 518 points
Buyers swarmed Asian stock markets on Friday, cashing in on a global rush to stocks. Gains in Asia mirrored those made on Wall Street and other markets around the world a day earlier. Not everyone ... ( read original story ...)
Japan’s 10-year bond yields track U.S. Treasury peers lower
Japan's benchmark 10-year government bond yields fell on Friday, tracking U.S. Treasury yields lower, but declines were limited as stronger equities dampened the safe-haven appeal of debt. TOKYO, Oct ... ( read original story ...)
Stable currency is vital, says Japan Finance Minister, as yen descends to 3-year low
Currency stability is "very important" and Japan's government will scrutinise the economic impact from the yen's recent decline, Finance Minister Shunichi Suzuki said on Friday.The dollar rose to a ... ( read original story ...)
Japan Scrutinising Impact of Yen Fall on Its Economy, Says Finance Minister Suzuki
Japan's new Finance Minister Shunichi Suzuki wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, speaks at a news conference in Tokyo, Japan, October 5, 2021. REUTERS/Kim ... ( read original story ...)