Every autumn, Chinese Bitcoin miners leave their bases in the country’s hydropower-rich south to head north in search of cheap coal to fuel some of the world’s largest cryptomining operations. They ... ( read original story ...)
NatWest caps transfers to crypto exchanges, including Binance, over fraud concerns
Britain's Natwest Group (NWG.L) has capped the daily amount customers can send to cryptocurrency exchanges, including major platform Binance, because of concerns over investment scams and fraud, a ... ( read original story ...)
Mexico jumps in to warn about crypto ban for banks after billionaire Ricardo Salinas Pliego reveals bitcoin acceptance plan
Mexico's central bank and others have , billionaire Ricardo Salinas Pliego said his bank was working on becoming the first in Mexico to accept bitcoin. ( read original story ...)
TP ICAP and Fidelity are launching a crypto exchange for big players – a sign that institutional interest is sticking
Client demand to trade spot crypto assets is significant and growing,' said Simon Forster of TP ICAP, a leading financial broker. ( read original story ...)
Japan policy veteran Kanda to be appointed as FX tsar – sources
TOKYO: Japan is likely to appoint international policy veteran Masato Kanda as its top currency official representing the country at Group of ... ( read original story ...)
Nikkei ends 0.8% lower; Japan shares drop as virus variant worries hit cyclicals
The Nikkei share average fell 0.81 per cent to 28,812.61, while the broader Topix lost 0.82 per cent to 1,949.48. ( read original story ...)
Americans apologize to Tokyo court for role in Ghosn escape
Two Americans charged in Japan with helping Nissan’s former chairman, Carlos Ghosn, jump bail and escape Japan for Lebanon apologized Tuesday in a Tokyo court. Taylor, on trial in Tokyo District Court ... ( read original story ...)
Japan MOF Policy Veteran Kanda to Be Appointed as FX Tsar – Sources
Japan is likely to appoint international policy veteran Masato Kanda as its top currency official representing the country at Group of Seven (G7) meetings, four government sources with knowledge of ... ( read original story ...)
CORRECTED: Japan gov’t to name Kanda as top currency diplomat
The government plans to name Masato Kanda, director general of the International Bureau of the Finance Ministry, as Japan's new top currency diplomat, government sources said Tuesday. Kanda, 56, who ... ( read original story ...)
Ministry of Finance: Japan’s copper exports fell 18.9% in May from a year earlier
Japan's refined copper exports fell 18.9 per cent from a year earlier to 47562510 kilograms after customs clearance in May, according to figures released by Japan's Ministry of Finance on Tuesday. ( read original story ...)
Eye-popping returns lure hedge funds to neglected Japanese startups
The moves are being driven by surging share prices of startups that went public in recent years, along with renewed government efforts to promote digitalization and entrepreneurship. ( read original story ...)
Japan’s Nikkei 225 falls 1% as Asia-Pacific markets slip despite record high close for S&P 500
Shares in Asia-Pacific declined in Tuesday morning trade, with Japan's Nikkei 225 falling about 1%. The S&P 500 and Nasdaq Composite both closed at record highs overnight on Wall Street. SINGAPORE — ... ( read original story ...)
Increase in ransomware attacks ‘absolutely aligns’ with rise of crypto, FireEye CEO says
There's a "direct correlation" between increased ransomware attacks and the rise of digital currencies, FireEye CEO Kevin Mandia told CNBC. ( read original story ...)
Eye-Popping Returns Lure Hedge Funds to Neglected Japan Startups
Hedge funds and asset managers are increasingly turning to Japanese startups, attracted by some eye-popping past returns in the long-overlooked sector. ( read original story ...)
Asia-Pacific markets set for lower start despite record high close for S&P 500
Shares in Asia-Pacific looked set to open lower despite gains overnight on Wall Street that saw the S&P 500 and Nasdaq Composite touching fresh record closing highs. Futures pointed to a lower open ... ( read original story ...)
Crypto Goes to Camp
Crypto Kids Camp in Los Angeles offers games, snack time and cryptocurrency lessons, according to CNBC. 26 kids aged five to 17 learned how to process, buy and even mine bitcoin over five days. The ... ( read original story ...)