A clear cryptocurrency regulatory regime is urgently needed as major companies like Tesla Inc, BNY Mellon Corp and Mastercard Inc embrace the alternative asset class, a top Securities and Exchange ... ( read original story ...)
Half of Japan’s regional banks see profit loss or incur red ink
More than half of 78 listed Japanese regional banking groups and banks saw a decline in their net profits or incurred red ink in the April-December period, hit by the coronavirus pandemic, an analysis ... ( read original story ...)
Tokyo stocks likely to be top-heavy next week, keeping Nikkei from topping 30,000 mark
The market enjoyed a bull run on positive developments regarding U.S. President Joe Biden's $1.9 trillion coronavirus stimulus package and rosy earnings announcements by Japanese firms. ( read original story ...)
Coronavirus: G7 finance chiefs highlight need to support pandemic-hit economies
The teleconference among the G7 finance ministers and central bank governors was the first since the new administration of US President Joe Biden. ( read original story ...)
Dark Web Site Selling Stolen Credit Cards and IDs for Crypto Closes After Netting more than $1 Billion
Investigators said the "Joker's Stash" marketplace, which dealt in stolen credit cards, log-ins and identity information which it sold for cryptocurrency, pocketed at least $1 billion, Reuters ... ( read original story ...)
Non-Fungible-Token Market Booms As Big Names Join Crypto’s Newest Craze
Beyond cryptocurrency and altcoins, opportunities also abound in the form of Non-Fungible Tokens (NFTs) - provably scarce digital assets representing a range of commodities such as artwork, gaming ... ( read original story ...)
Crypto-advocate Andrew Yang plans to transform New York City into a Bitcoin hub if he’s elected mayor
His tweet caught the ire of some, with one blasting Bitcoin as a "pyramid scheme" and another saying a stable society requires a stable currency. ( read original story ...)
Darknet crypto kingpin JokerStash retires after illicit $1 billion run: research
The kingpin or kingpins of the world's biggest illicit credit card marketplace have retired after making an estimated fortune of over $1 billion in cryptocurrency, according to research by blockchain ... ( read original story ...)
Bitcoin hits record on BNY Mellon crypto move
Business Bitcoin hits record on BNY Mellon crypto move. Posted . Bitcoin has hit fresh all-time highs after BNY Mellon said it formed a new unit to help clients hold, transfer and ... ( read original story ...)
Miami Pushes Crypto With Proposal to Pay Workers in Bitcoin
Miami Mayor Francis Suarez proposed paying municipal workers and collecting taxes in Bitcoin, expanding a campaign to promote cryptocurrencies. ( read original story ...)
G-7 finance chiefs to gather online, antivirus steps on agenda
Finance chiefs from the Group of Seven industrialized economies will hold a teleconference Friday, with the agenda expected to includ ... ( read original story ...)
PayPal exec says it’s unlikely company will invest in crypto assets
"We're not going to invest corporate cash probably in sort of financial assets like that but we want to capitalize this growth opportunity that's in front of us," PayPal CFO John Rainey told CNBC's ... ( read original story ...)
Nikkei slips from over 30-yr high on profit booking; Toyota, chip shares shine
Japan's benchmark stock average Nikkei snapped a four-session rally on Friday, slipping from a more than 30-year high hit in the previous trading session, as investors booked profits but gains in ... ( read original story ...)
Bitcoin hits record as Mastercard, BNY Mellon embrace crypto
The largest digital asset rose as much as 7.4 percent to $48,364, surpassing the all-time high reached Monday after Tesla announced it would hold $1.5 billion of the cryptocurrency on its balance ... ( read original story ...)
Olympics-Toyota President Disappointed by Tokyo 2020 Chief Mori’s Comments
Toyota Motor Corp's President Akio Toyoda said on Wednesday his company was disappointed by recent comments from Tokyo 2020 Olympics President Yoshiro Mori that were contrary to the values that the ... ( read original story ...)
Why Jim Cramer Was Disappointed With Mastercard’s Crypto Announcement
Mastercard MA is the latest company to hop on the crypto train. "We are preparing right now for the future of crypto and payments, announcing that this year Mastercard will start supporting select ... ( read original story ...)