Japan’s financial regulator is moving ahead with legislation that will require crypto exchanges to maintain liability reserves.
Fed Reserve president compares crypto to Beanie Babies
Minneapolis Fed president Neel Kashkari has renewed his criticism of cryptocurrencies. This time, he is comparing crypto to the 1990s Beanie Babies bubble and arguing that crypto still fails to offer ...
South Africa Flags Crypto, Stablecoins as New Financial Risk
The South African Reserve Bank warned that a lack of comprehensive regulations for crypto assets and stablecoins has emerged as a new risk, posing significant threat to the country’s financial sector.
Panasonic Energy to Supply Lithium-ion Batteries for Zoox, Marking a Milestone in Panasonic Energy’s Entry into the Fast-growing Robotaxi Market
Panasonic Energy Co., Ltd., a Panasonic Group Company, today announced it has signed an agreement with Zoox, the Amazon-owned autonomous ride-hailing company, to supply cylindrical lithium-ion battery ...
Japan Moves to Mandate Reserves for Crypto Exchanges as Hacks Mount
Japan’s FSA plans to require crypto exchanges to hold liability reserves to compensate customers for losses from hacks, failures, or bankruptcies.
Japan’s FSA requires exchanges to hold liability reserves to cover hacks and fraud
Japan is moving ahead with tougher regulations for the crypto industry, as the Financial Services Agency now requires that cryptocurrency exchanges maintain substantial safety reserves to protect ...
Crypto Founder Defends FBI Involvement After Developer Accidentally Causes Blockchain Split
Development teams from Input Output Global (IOG), the Cardano Foundation, Intersect, and EMURGO quickly formed an emergency response group. They deployed patches within three hours, and the network ...
Nikkei stock index plunges on caution over AI boom
The Nikkei stock index plunged Friday, dragged down by heavyweight technology shares on wariness over the artificial intelligence boo ...
Metaplanet raises $130M to buy more Bitcoin and expand income operations
Metaplanet has executed a new $130M loan under its $500M Bitcoin-backed credit facility. The fresh capital will be used to buy more BTC.
Why the crypto market is crashing
The flash crash forced many investors sell their holdings to meet margin calls. That tends to have a snowball effect: The more bitcoin falls, the more calls investors face from their brokerages, the ...
Japan launches DOGE-inspired office to cut budget waste
The Japanese team will not aim to overhaul government organisations, said the country's Finance Minister. Read more at straitstimes.com. Read more at straitstimes.com.
Japan’s FSA to Mandate Liability Reserves for Crypto Exchanges to Enhance Security: Report
Japan's Financial Services Agency is set to require digital asset exchanges to maintain liability reserves to protect users.
Naomi Osaka and her neon ‘super suit’ get a big win at the U.S. Open
NEW YORK — There was a lot going on with Naomi Osaka on Tuesday, between her powerful, 6-3, 6-2 win over fellow Grand Slam champion Jelena Ostapenko in the first round of the U.S. Open, the tears that ...
Osaka pulls out of Japan Open quarter-finals with injury
Naomi Osaka pulled out of the Japan Open ahead of her quarter-final on Friday after the four-time Grand Slam champion failed to recover from a leg injury. The former world number one was tearful after ...
Japan’s Rapidus to open 1.4-nm chip plant in 2029
Rapidus, which aims to bring production of leading-edge semiconductors back to Japan, is set to start construction on a second plant in Hokkaido in fiscal 2027. Production of 1.4-nanometer chips -- ...
Japan’s Nikkei erases most gains as SoftBank Group tanks
Japan's Nikkei index closed nearly flat Tuesday, with SoftBank Group plunging nearly 10% due to concerns over competition between OpenAI's ChatGPT and Google's Gemini. While chip-related stocks like ...