Grayscale Investments, the world’s largest cryptocurrency asset manager, isn’t ruling out a legal battle with the SEC if a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) stands rejected. ( read original story ...)
Dubai’s New Crypto Law Attracts Bybit And Crypto.com To Set Up Local Offices
Dubai’s approval of a new law that regulates virtual asset businesses in early March has already attracted the likes of Binance and FTX Europe. ( read original story ...)
Japan’s Synspective raises $70M+ in series B, making constellation of 30 SAR minisats
Synspective is building a constellation system for earth observation mini-satellites employing Synthetic Aperture Radar (SAR) and integrates SAR data with a variety of ground truth data. The ... ( read original story ...)
Japan stocks higher at close of trade; Nikkei 225 up 1.10%
Japan stocks were higher after the close on Tuesday, as gains in the Warehousing, Chemical, Petroleum & Plastic and Transport sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 1. ( read original story ...)
Bank of Japan stumbles into defensive minefield
War, Covid-19 and an aggressive-looking Federal Reserve are conspiring against the Bank of Japan’s ultra-loose monetary stance. The yen has plummeted and the central bank is struggling to keep control ... ( read original story ...)
Japan’s Energy Buyers Warn the Weak Yen Threatens Their Business
While oil prices have slipped from the highs seen earlier from Russia’s war in Ukraine, the sharp weakening in the yen is likely to keep upward pressure on imported fuel costs. ( read original story ...)
Explainer-What would Japan’s currency intervention to combat a weak yen look like?
Vice finance minister for international affairs ... Aside from such verbal intervention, Japan has several options to stem excessive yen falls. Among them is to directly intervene in the currency ... ( read original story ...)
Japan says communicating closely with U.S. on FX issues as yen hits 6-year low
Japan and the United States agreed to closely communicate on currency issues, Japan’s top currency diplomat said on Tuesday in the wake of the yen’s decline to six-year lows against the dollar. “We ... ( read original story ...)
Greenpeace, Crypto Billionaire Lobby to Change Bitcoin’s Code
Greenpeace and crypto billionaire Chris Larsen are launching a “Change the Code, Not the Climate” campaign, designed to pressure the Bitcoin community to alter the way it orde ... ( read original story ...)
Bank of Japan board members skeptical about sustained rise in inflation
Bank of Japan board members expected inflation in Japan will accelerate toward the bank's 2 percent target due to higher energy price ... ( read original story ...)
Japan Policymakers Warn Against Rapid Yen Weakening
Japan will carefully watch foreign exchange market moves to avoid "bad yen weakening", Minister of Finance Shunichi Suzuki said on Tuesday, as Tokyo tries to navigate the economic impact of the ... ( read original story ...)
Japanese Finance Minister Suzuki: Will closely watch market moves to avoid negative yen weakness
Japan's Finance Minister Shun'ichi Suzuki said that they will tap emergency budget reserves first to fund measures to counter rising oil prices and they are closely watching market moves to avoid ... ( read original story ...)
Crypto mining is approaching a key inflection point
The looming shift in Ethereum from proof of work to proof of stake will have a noticeable impact on the broader crypto market. ( read original story ...)
Yen tumbles to seven-year low as Bank of Japan diverges further from Fed
The yen fell as much as 2.5% to 125.09 against the greenback on Monday, the weakest since August 2015, before paring back some losses to trade near 123.85. The BOJ offered for the first time to buy an ... ( read original story ...)
Crypto.com’s Oscars ad urges donations to Ukraine via crypto. But it’s not so simple.
Did you catch the cryptocurrency ad that aired during the Oscars on Sunday night? You may have forgotten about it as the commercial aired in a world before the slap, so allow me to jog your memory. ( read original story ...)
Twitter Beefs Up Crypto Hiring, Keen to Add Blockchain Experts
Twitter is adding muscle to its ongoing crypto talent war, as it looks to hire several blockchain experts across the U.S. and internationally. ( read original story ...)