Russian President Vladimir Putin said that crypto currencies were too unstable to be used to settle oil contracts but that they still deserved a place as a means of payment. ( read original story ...)
Meet the 12 key investors and advisors behind Andreessen Horowitz’s $3 billion push into crypto startups
Andreessen Horowitz announced a $2.2 billion crypto fund. Here are its 12 power players to watch. ( read original story ...)
Russia is mulling energy tariffs for crypto mining amid a wave of migration following China’s ban, report says
We can't let miners capitalize on the situation at the expense of low residential electricity tariffs,' Russia's energy minister said. ( read original story ...)
Bank deputy calls for urgent crypto regulation
The Bank of England's Sir Jon Cunliffe raises concerns about the financial stability risk of cryptocurrencies. ( read original story ...)
Bitcoin: Bank deputy calls for urgent crypto regulation
The Bank of England's Sir Jon Cunliffe raises concerns about the financial stability risk of cryptocurrencies. ( read original story ...)
Bitcoin price rally sees crypto market overtake world’s most valuable company
The cryptocurrency market is now worth more than the world’s most valuable company after bitcoin and several leading altcoins surged in price on Thursday. The global crypto market cap is now $2.37 ... ( read original story ...)
East Asia Crypto Transactions Plunged Amid China Crackdown
East Asia’s share of global cryptocurrency transaction volumes halved amid China’s crackdown on the industry, according to a study from Chainalysis. ( read original story ...)
Crypto could cause 2008-level meltdown, Bank of England official warns
The Bank of England's deputy governor for financial stability, Jon Cunliffe, has warned that cryptocurrencies could spark a global financial crisis unless tough regulations are introduced. ( read original story ...)
Russian president Putin says crypto ‘has value’
Russian President Vladimir Putin said cryptocurrencies have value, but they can’t be used to settle oil trades yet. “Cryptocurrency is not backed by anything yet,” Putin said during a CNBC interview ... ( read original story ...)
Tapering stimulus not option for Japan: central bank board member
A board member of the Bank of Japan (BOJ) has said that although Japan's economy would likely see a pent-up demand, for the time being the central bank would not reduce the monetary stimulus to cope ... ( read original story ...)
BFCM sets tone in Japan with new reference rate
Banque Fédérative du Crédit Mutuel (BFCM) raised ¥55bn ($490m) of preferred senior funding in yen this week, as it became the first Samurai borrower to issue a transaction against swaps derived from ... ( read original story ...)
Singapore beats Canada, HK in global crypto awareness race
Singapore is lagging behind Nigeria, Kenya and Russia when it comes to crypto awareness but is still ahead of Canada and Hong Kong. ( read original story ...)
‘Big Short’ investor Michael Burry teases a bet against crypto – and warns market speculation has reached historic levels
Burry asked on Twitter about the mechanics of shorting digital coins, adding that he was only considering taking a position against them. ( read original story ...)
Japan’s Nikkei 225 takes centre-stage in Asia
In Tokyo, the Nikkei 225 jumped 410.65 points or 1.46 percent to 28,550.93. The Australian All Ordinaries garnered 48.30 points or 0.64 percent to 7,620.20. The Shanghai Composite in China and the ... ( read original story ...)
Japan’s Wealth Distribution Measures May Come Out With Some Time Lag, New Economy Minister Says
He said he didn't see the need to change an accord between the Bank of Japan and the government under which they committed to aim for 2% inflation. The central bank's low-rate policy has helped the ... ( read original story ...)
Japan Finance Ministry declines to disclose info on document-tampering scandal
The Ministry of Finance has decided not to release material related to the document-tampering scandal concerning the heavily discounted state ... ( read original story ...)