When New York regulators ordered the crypto exchange Paxos to stop minting stablecoins this week, it revealed one of the Ethereum ETH ecosystem’s greatest weaknesses: Fiat-backed stablecoin issuers that must obey laws in their respective jurisdictions.
Crypto firm Paxos to face SEC charges, ordered to stop minting Binance stablecoin
The move is the latest in an escalating regulatory effort to rein in the once free-wheeling crypto industry. Last week, the Securities and Exchange Commission settled with crypto exchange Kraken over allegations of unregistered offering and sale ...
A sound choice for the Bank of Japan’s next governor
That makes him a historic selection, breaking a pattern in which the job rotated between officials from the BoJ and the finance ministry. Given the exceptional complexity of Japan’s economic position, ...
Japan watchdog OKs new safety rules to extend reactor life
Japanese nuclear regulators have approved contentious safety evaluation changes and draft legislation to allow aging reactors to operate longer ... ( read original story ...)
Forbes Travel Guide’s 35 Most Anticipated Hotel Openings Of 2023
From Boston to Bali, below are Forbes Travel Guide’s most anticipated hotel openings for 2023. And if you can’t wait for these places to open their doors, stay tuned as we unveil our annual Star ... ( read original story ...)
BCH/JPY – Bitcoin Cash Japanese Yen
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...
Why PNW officials are only now deciding crypto mining regulation
In a county of just over 100,000 residents, sitting directly south of the Grand Coulee Dam, 13 crypto mining operations — think warehouses stacked with networked computers continuously working on complex math equations to earn bitcoin — might seem like ...
Mississippi’s ‘Right to Mine’ Crypto Bill Might Be A Victory for Miners
This month, the Mississippi Senate passed a bill called the Mississippi Digital Asset Mining Act to legalize cryptocurrency mining in the state. The bill now moves forward to more lawmakers for a vote,
Bank of Japan Policy Outlook Has Yen Volatility Overtaking Peers
The Japanese yen is not taking part in the great moderation. Forward-looking measures of equity and bond volatility around the world have been largely sliding this year on hopes that China’s reopening ...
In Paris, Louis Vuitton’s Most Coveted New Releases Are Meant to Be Eaten
But it’s only in recent years that the iconic logo has crossed over into the food world, emblazoning cakes, pastries and restaurant façades at LV-branded food outposts in Osaka, Tokyo, Chengdu, ...
Rutgers Engineering Expert Explains How Earthquake-Resistant Construction Can Curb Catastrophe
Within 11 minutes, a magnitude 6.7 aftershock convulsed a region 60 miles north. So far, more than 35,000 people have died, surpassing Japan’s Fukushima earthquake disaster in March 2011. Scientists at the U.S. Geological Survey (USGS) said an earthquake ... ( read original story ...)
Japan’s Nikkei falls as weak tech shares, dim corporate outlook weigh
TOKYO, Feb 13 (Reuters) - Japan's Nikkei share average ended lower on Monday, as heavyweight technology stocks tracked weakness in the Nasdaq in the previous session, while stocks of companies with ...
Roundup: Japan’s Nikkei ends lower as tech shares lose ground
TOKYO, Feb. 13 (Xinhua) -- Japan's benchmark Nikkei stock index ended lower Monday, as tech shares were dragged down by their U.S. peers, while concerns about the new Bank of Japan chief weighed on ...
Traders Shocked as Academic Set to Head Japan’s Central Bank
It would mark the first time in post-war Japan that the central bank chief has not come from the ranks of BOJ officials or from the Japanese finance ministry. Current Governor Haruhiko Kuroda will ...
Cases In Tokyo Down Below 1,000 For 1st Time In 8 Months
The Tokyo metropolitan government said new cases of novel coronavirus infections fell below 1,000 for the first time in around eight months, slipping to 799 on Sunday with concern receding about an ... ( read original story ...)
Cedar pollen season starts in Tokyo
The Tokyo Metropolitan Government says cedar pollen season in the capital started on Friday last week. Tokyo officials made the announcement on Monday. Officials observed cedar pollen counts at 12 ... ( read original story ...)