Back on February 14, 2022, crypto exchange extraordinaire BlockFi was slapped with an unprecedented SEC fine. How large are we talking here? A massive $100 million fine. If you ... ( read original story ...)
If You Hold Crypto For Someone Else, Can IRS Collect Taxes From You?
IRS says crypto is property, so transfers trigger tax, even swaps of one crypto for another. But if you are holding crypto for someone else, is the tax problem yours, or does it belong to the person ... ( read original story ...)
Crypto Wallet Abra Pushes Into Funds as Battle Looms With Wall Street Firms
Most of Abra's new funds focus on exposure to crypto lending. It's a part of the digital-asset space that has garnered increasing regulatory scrutiny. ( read original story ...)
Taiwanese scooter brand Gogoro makes Nasdaq debut in rare IPO
Taiwan’s electric scooter maker Gogoro debuted on the Nasdaq stock exchange in New York on Tuesday, a rare initial public offering (IPO) for the self-ruled island known for its dominance in ... ( read original story ...)
Japan’s Nikkei Index Ends Higher On High-tech Buying
Tokyo's blue chip shares ended higher Tuesday, driven by buying of high-tech shares, though the yen's gyrations weighed on the market. ( read original story ...)
The time is now foreign investors in Japanese real estate
In this interview with The Worldfolio, Tetsuji Hirano, CEO of leading property firm LEGAL CORPORATION, gives his insight into the opportunities in Japan’s strong and stable real estate sector and says ... ( read original story ...)
New York could freeze crypto mining operations that run on fossil fuels
New York state's crypto mining moratorium aims to freeze environmental permits for all operations using fossil fuels for proof-of-work transactions. ( read original story ...)
The Richest Crypto And Blockchain Billionaires In The World 2022
Amid all the action, there’s also no shortage of money to be made in the $2 trillion crypto economy. Just ask the record 19 billionaires—7 more than last year—on Forbes’ a ... ( read original story ...)
Mailchimp hack potentially leading to crypto wallet thefts
Email marketing firm Mailchimp confirms that hackers used one of its own internal tools to access accounts of customers working in finance and cryptocurrency — and a follow-up attack could lead to ... ( read original story ...)
Crypto’s Coming Shock
Many industry participants recognized that regulations of some sort were coming and were thus delighted that Uncle Sam would be taking a reasonable, responsible approach. Alas, despite soothing words ... ( read original story ...)
Factbox: How U.S. banks are dipping their toes in the crypto water
Last week, a top U.S. banking regulator warned of growing risks as banks start to capitalize on the popularity of cryptocurrencies to offer related services to clients. ( read original story ...)
Crypto companies fear Rishi Sunak’s policies could be too little too late for industry
The Chancellor has told the Royal Mint to make an NFT as part of plans ‘to make the UK a global hub for cryptoasset technology’ -- but industry insiders say many businesses have already left ... ( read original story ...)
Japan Core Banking Solutions Market Report 2022: Market to Reach $852.76 Million by 2027 – Increase in Trend of Buy-Now-Pay-Later (BNPL)
Japan's Core Banking Solutions Market is estimated to be USD 399.94 Mn in 2022 and is expected to reach USD 852.76 Mn by 2027, growing at a CAG ... ( read original story ...)
ESR accelerating data centre efforts with 20MW new development in West Tokyo
APAC's largest real asset manager powered by the New Economy, has acquired a key data centre asset in Higashi Kurume which is in the Mitaka area of Tokyo, Japan. This asset is primely located in one ... ( read original story ...)
Financial flux: Crypto’s still a hard sell
It's hard to avoid hearing about bitcoin and other digital currencies — there are more than 10,000 of them — but many people still consider them too risky or experimental. Driving the news: An online ... ( read original story ...)
A Viral Case Against Crypto, Explored
The video essayist Dan Olson explains the dangers lurking in the culture and ideology that surround digital currency. ( read original story ...)