After convening every August since 1982 at the edge of Wyoming’s magnificent Teton mountain range, monetary policy makers will hold a virtual Jackson Hole conference this week that will look pale by ... ( read original story ...)
Japan’s Creaking Computer Systems Are Hampering Its Economic Recovery
The coronavirus crisis may have finally forced Japan’s government to get serious about fixing its computer systems. Before the pandemic, the problems might have been merely annoying, but now they’re ... ( read original story ...)
Crypto Long & Short: What Are Regulators Thinking?
Noelle Acheson ponders what regulators have been up to, bitcoin on the Ethereum blockchain, mining diversity and more. ( read original story ...)
Asia stocks set for mixed start; new rules on China’s Nasdaq-style ChiNext board set to launch
The first batch of firms listing on the Nasdaq-style ChiNext Board under its revised IPO system is set to make their debut on Monday. ( read original story ...)
Japan Post calls bankers, lawyers, accountants for Toll sale
Japan Post is seeking a cavalry of advisers to help end its disastrous $8.02 billion investment in Australian transport and logistics company Toll Holdings. ( read original story ...)
Saudi exchange Tadawul weighs next steps in global and regional plans
Development and expansion of Tadawul is one of the key pillars of the Vision 2030 plans to grow the financial sector of the economy ... ( read original story ...)
Crypto Yuan Will Meet the Dollar — in Hong Kong
Hong Kong, according to China’s Commerce Ministry, which is also planning similar evaluations in Shanghai, Macau, Beijing, Tianjin and the p ... ( read original story ...)
South Korea urged to follow Japanese lead on coal finance ban
South Korea has been castigated by environmentalists and international investors for failing to follow Japan in slashing funding for coal power overseas. The criticism was levelled as Moon Jae-in’s ... ( read original story ...)
Federal Reserve Watch: Central Bank Swaps Tapering Off
One of the major efforts made by the Fed to combat the economic recession and possible liquidity crisis was to create a central bank swap facility with foreign central banks. ( read original story ...)
BlockFi Raises $50M to Connect Digital Assets and Traditional Finance to Make Crypto Mainstream
Interview with BlockFi CEO Zac Prince. BlockFi is the secured non-bank lender that offers cryptoasset-backed USD loans to cryptoasset owners. ( read original story ...)
Revealed: Twitter Habits of the Crypto Elite
The Winklevoss twins not only share physical similarities, but Twitter habits as well. Many crypto heavyweights use Twitter as their primary tool for sharing information (or even misinformation) about ... ( read original story ...)
First Mover: Wacky Bitcoin-to-DeFi Crypto Markets Might Be New Home of Capitalism
Cryptocurrency markets from bitcoin to DeFi might be full of rampant speculation, but they might be keeping the fires of capitalism lit. ( read original story ...)
BlockFi Raises $50M From Universities, NBA Star, Others as Crypto Lending Soars
BlockFi, a major player in the crypto lending sector, has now raised nearly $100 million in the past 12 months. ( read original story ...)
IRS Plans to Ask Every American Worker if They Used Crypto in 2020
Every American filing taxes for 2020 will have to tell the IRS whether they used crypto this year, according to new drafts from the tax agency ... ( read original story ...)
Today In Payments: $50B In Crypto Moved Out Of China; Uber Health To Deliver Meds
In today's top news, $50 billion worth of cryptocurrency was transferred out of China, and Uber Health and NimbleRx have teamed on prescription delivery. ( read original story ...)
Hong Kong gives approval in principle to OSL for first crypto exchange license
Hong Kong's markets regulator has agreed in principle to issue a license to cryptocurrency firm OSL Digital Securities, a unit of Fidelity-backed BC group , the company said in an exchange ... ( read original story ...)