New state bill brought by prominent Democrat would impose a moratorium on new crypto mining operations, modeled after New York state law.
Japan’s new crypto regulations, what you need to know before June 1st
The Japanese parliament has recently decided to implement stricter Anti-Money Laundering (AML) measures starting from June 1st. This move comes as a response to the international financial watchdog, ...
Japan’s crypto anti-money laundering measures to start in June: Report
Japan will reportedly enforce stricter anti-money laundering (AML) measures on crypto transactions from June 1.
Tech Layoffs: Alibaba’s cloud unit initiates job cuts of 7% workforce ahead of IPO
Alibaba disclosed its plans to list and raise funds for four of its business units, including its logistics division called Cainiao ...
Japan to check ‘My Number’ IDs of 54 mil. bank accounts after several wrong links found
Japanese Digital Minister Taro Kono announced on May 23 that the Digital Agency will check all bank account information that has been linked ･･･ ...
Japanese bank to start EV-sharing service in eco push
One of Japan's largest regional banks is launching an electric car-sharing service. The Bank of Yokohama is rolling out the offering with local municipalities as part of efforts to promote carbon ...
Goldman Sachs And Microsoft Are Quietly Using AI To Lay The Groundwork For The Next Bitcoin, Ethereum And Crypto Price Bull Run
Wall Street giant Goldman Sachs and Microsoft are among companies backing a new blockchain designed to streamline financial
Prediction: This Will Be Warren Buffett’s Best AI Stock Over the Next Five Years
But while Berkshire's investment strategies remain broadly value-oriented, Buffett's company does own positions in some potentially explosive growth stocks. Within that mold, it also has exposure to ...
Asia markets set to open weaker, U.S. debt ceiling deal still elusive
Asia-Pacific markets are set to open weaker as ongoing debt ceiling discussions appeared to yield little progress in the U.S. “The president and I know the deadline, so I think we’re going to talk ...
$400 million worth of crypto was stolen in first quarter of 2023, a 70% decline from same period last year, analysis shows
Less crypto is being stolen this year, thanks to industry-wide implementation of anti-money laundering standards, and increased efforts by law enforcement and regulators to go after bad actors, according to new research by TRM Labs,
Ledger’s Crypto Wallet Innovation Is Blasphemy to the Faithful
In this edition of the Bloomberg Crypto newsletter, Hannah Miller explores a crypto contradiction locked in hardware:
FTX’s Dr. Frankenstein Tries to Revive Dead Crypto Exchange
Current FTX CEO John Ray III has spent long hours working toward restarting FTX, and there are some companies lining up to potentially offer aid and funds.
Chinese Labs Are Selling Fentanyl Ingredients for Millions in Crypto
Cryptocurrency-tracing firm Elliptic today released new findings that offer a glimpse of an underreported role of cryptocurrency in the global fentanyl trade: the wholesale supply of ingredients to fentanyl producers around the world.
Nvidia’s AI, Metaverse Investments Keep Business Humming After Crypto Mining Demand Withers
In March, Nvidia announced an alliance with Microsoft MSFT -0.1% that focuses on bringing the industrial metaverse and AI to enterprises via cloud computing platform Azure. Upon the announcement, Nvidia CEO Jensen Huang reiterated that his goal was to to bring new AI, simulation and collaboration capabilities to every industry.
Japan’s govt. reports errors in linking ‘My Number’ IDs with bank accounts
The Japanese government has reported errors in linking "My Number" IDs with individuals' bank accounts for receiving public money payments.
Bitcoin climbs back above $27,000 after Hong Kong greenlights some retail crypto trading
Cryptocurrency prices moved higher on Tuesday after Hong Kong's securities regulator announced it will allow retail trading of certain crypto assets starting June 1.Bitcoin rose 1.7% to $27,293.64, according to Coin Metrics.