Some of the most developed financial regulations in the world are found in Singapore, Hong Kong, and Japan. Therefore, it is not surprising that talks about how to govern cryptocurrency have been ...
What You Need to Know About Crypto Regulation in Hong Kong, Singapore, Japan
Asia’s biggest financial centers seem eager to encourage the growth of the crypto industry while protecting consumers and preventing contagion if things go wrong.
Bank of Japan policymakers divided on wage, inflation outlook, Jan meeting summary shows
BANK of Japan policymakers debated the inflation outlook at their January meeting, with some warning that it could take time for wages to rise sustainably, a summary of opinions at their meeting ...
Asia-Pacific markets set to climb as region awaits slew of economic data
Asia-Pacific shares are set to climb/drop, taking the lead from losses on Wall Street while investors also looked ahead to some economic data in the region.
Elizabeth Warren: Crypto giants are ‘collapsing under the weight of their own fraud’
"For all their talk of innovation and financial inclusion, crypto industry giants — from FTX to Celsius to Voyager — are collapsing under the weight of their own fraud, deceit and gross mismanagement, ...
The First Nuclear-Powered Bitcoin Mine Is Here. Maybe It Can Clean Up Crypto.
A new nuclear-powered data center in Pennsylvania will host bitcoin mining. This is the first nuclear-powered bitcoin mine in the United States. Bitcoin mining is a historically pollution-filled ...
Japan stocks higher at close of trade; Nikkei 225 up 0.35%
Japan stocks were higher after the close on Wednesday, as gains in the Communication, Machinery and Transportation Equipment sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.35% ...
A buzzy NFT startup from Decentraland’s founder was supposed to be the future of crypto gaming. His $20M gamble on Genesis could cost the company its future
For a brief moment in 2021, it looked like crypto had finally found its killer application: video games. The “play-to-earn" game Axie Infinity had notched millions of users and platforms like Sandbox raked in venture funding.
Bitcoin, ether slip as crypto rally falters after regaining $1 trillion market cap
Bitcoin is taking a breather after leading a broader crypto rebound in January. The digital coin remains up by nearly 40% in January.
3 Stable Stocks to Buy This Week for Under $50
Despite the headline inflation cooling down, the Fed will likely continue raising interest rates to meet its inflation target. Moreover, S&P 500 earnings are estimated to have declined in ...
France Gives Crypto Firms More Time to Comply
Instead of rushing to implement a stringent licensing regime, a new amendment means France will wait on EU-wide ruling to arrive.
Crypto Is Worth Fixing. Regulators Should Get Moving
The once-burgeoning realm of crypto and decentralized finance keeps imploding, presenting policy makers with a quandary: Should they just let it burn, or step in to address its now-obvious flaws? The ...
Bankrupt crypto lender BlockFi accidentally reveals it had over $1.2 billion in assets tied up with FTX
Bankrupt crypto lender BlockFi accidentally revealed it had over $1.2 billion in assets tied to FTX and its sister trading arm Alameda Research, according to CNBC. The redacted sections include "trade ...
Sam Bankman-Fried gave $400 million to an obscure crypto-trading firm cofounded by a Jane Street trader just 2 years out of college, report says
Modulo Capital operated out of the same luxury Bahamas resort where Sam Bankman-Fried lived. Like SBF, its cofounders used to work at Jane Street.
Roundup: Japan’s Nikkei ends higher for 4th straight day amid concerns of overheating
Japan's benchmark Nikkei stock index extended its rally to a fourth session Wednesday as cyclical stocks outperformed although gains were subdued amid concerns the market may be overheating. The ...
Elderly Tokyo woman swindled out of over 700,000 dollars in cryptocurrency
An elderly woman in Tokyo has been swindled out of 97 million yen, or about 744,000 dollars, in cryptocurrency after receiving a fraudulent phone call warning her that her bank account was being used ...