New York’s top financial regulator has ordered a crypto company to stop minting a major stablecoin, widening a clampdown on the embattled digital assets sector. Paxos, a blockchain company, announced ...
SoftBank’s future rests on Arm
What was clear, though, to investors, was just how much the future of SoftBank, which Son dubs as “a vision capitalist”, rests on one company: Arm. Following a historic selldown in Alibaba, an ...
Asia markets set to open lower after U.S. inflation comes in higher than expected
Futures were largely lower, with the Nikkei futures contract in Chicago at 27,730 while its counterpart in Osaka was at 27,740 against the ... according to Jeremy Siegel, a finance professor at the ...
The Bank of Japan’s new governor, Ueda Kazuo, marks a break with tradition
If approved, as seems certain, Mr Ueda will become the first academic economist to run the bank in post-war Japan, breaking with the tradition that the governor is drawn from the boj or finance ...
Crypto is joining the grown-up table, and no one is happy about it
To get it in your inbox, sign up for free, here. New York CNN — When FTX collapsed in November, it was a seismic event for the crypto industry. Many called it the “Lehman moment.” The comparison holds ...
Crypto Weekly: the bored apes are back
STORY: From why the bored apes are back, to a courtroom defeat for digital art, these are the week’s big stories in the world of virtual money…The NFT market might not be dead after all. Sales of such ...
What to Expect After The Senate Banking Hearing On Crypto Crash
The Senate Banking Committee met on crypto today, calling the Valentine’s Day hearing “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets.” This hearing covered the hot topics ...
Japan’s 10-year bond yield at top of BOJ’s policy band ahead of U.S. CPI data
Also, the Japanese government nominated academic Kazuo Ueda as the next Bank of Japan head as had been reported in the media. Yields on super-long notes were supported by a firm outcome of the ...
Japan’s next central bank governor is set to be Kazuo Ueda. Here’s what it means
Kazuo Ueda is set to become the next governor of the Bank of Japan, succeeding current central bank chief Governor Haruhiko Kuroda. The Japanese yen strengthened 0.2% Tuesday morning after the ...
Crypto scam aimed at online acquaintances costs victims billions
Despite the fraud’s growth, federal law enforcement and major crypto exchanges appear to be behind in cracking down.
Crypto markets on edge as U.S. regulatory crackdown on industry intensifies
Vijay Ayyar, vice president of corporate development and international at crypto exchange Luno, said that there might not be a major collapse in coin prices after the huge sell-off last year. "The ...
Japan’s New Central Bank Governor to Shake Things Up—Eventually
Don’t expect a new policy regime overnight from Kazuo Ueda, the Bank of Japan’s next governor. But bigger changes could be afoot longer term.
Japan’s Matsuno: Monetary policy is up to the BoJ to decide
Japan’s Chief Cabinet Secretary Hirokazu Matsuno said on ... the all-important United States Consumer Price Index data for January. Bitcoin price shows a clear sign of exhaustion after its explosive ...
Crypto makes you more attractive, according to a new Binance survey
According to a new study by Binance, the world’s largest blockchain by trading volume, crypto could have a positive impact on one’s attractiveness. While that number doesn’t fully encompass the ...
Elizabeth Warren cultivates anti-crypto coalition
Warren is zeroing in on national security concerns as her focus for potential crypto legislation, even as she raises red flags about a host of issues in the space, from consumer protections to ...
Japan stocks higher at close of trade; Nikkei 225 up 0.64%
Japan stocks were higher after the close on Tuesday, as gains in the Mining, Power and Shipbuilding sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.64%. The best performers of ...