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Tag: nikkei

Posted on 01/07/2022

FTX closes in on a deal to buy embattled crypto lender BlockFi for $25 million in a fire sale

Crypto giant FTX is close to finalizing a term sheet to buy BlockFi, sources familiar with the situation told CNBC. ( read original story ...)

Posted on 01/07/2022

Binance taps TikTok’s mostly silent superstar Khaby Lame to explain how crypto works

After surpassing Charli D'Amelio as the most-followed TikToker, the Italian Senegalese comedian signed on as an ambassador for Binance, ... ( read original story ...)

Posted on 01/07/2022

Crypto tranfers would have to follow bank rules under new E.U. regulations

Like the E.U.’s trendsetting data privacy policy, which became the de facto global standard, the crypto regulations are expected to be highly influential worldwide. ( read original story ...)

Posted on 01/07/2022

OP Crypto raising $100M for ‘Fund of Funds’ to back fund managers

The typical fund consists of deploying capital into certain sectors or industries, but venture capital firm OP Crypto is taking their own twist on the term. OP Crypto’s is raising $100 million for its ... ( read original story ...)

Posted on 01/07/2022

Japan Banking Chief Urges BOJ to Keep Tabs on Policy Downsides

The chief of Japan’s banking industry lobby group is calling on the nation’s central bank to pay closer attention to the adverse impacts of its ultra easy monetary policy after the yen plunged to a 24 ... ( read original story ...)

Posted on 30/06/2022

Crypto Crisis: More Bad News For a Failing Hedge Fund

Three Arrows Capital (3AC) has become the first big domino to fall in the current crisis of confidence affecting the crypto industry. ( read original story ...)

Posted on 30/06/2022

Crypto exchange CoinFlex says it needs more time to restart withdrawals as it scrambles to fix a $47 million bad debt

CoinFlex halted withdrawals while it searches for a solution to the $47 million bad debt, which the crypto exchange claims is down to "bitcoin Jesus" Roger Ver. ( read original story ...)

Posted on 30/06/2022

Crypto rules to make Europe a global leader as prices plunge

Europe is preparing to take the global lead in regulating the freewheeling cryptocurrency industry at a time when prices have plunged, wiping out fortunes, fueling skepticism and sparking calls for ti ... ( read original story ...)

Posted on 30/06/2022

The Crypto Crash Was Caused by Fraudsters—and Regulators | Opinion

Policymakers should use the time afforded by the crash both to prosecute fraudsters and to implement a regulatory regime that fuels responsible innovation. ( read original story ...)

Posted on 30/06/2022

Bitcoin dips below $19,000 in broad crypto sell-off as Three Arrows liquidation sends ripples through the market

The risk asset sell-off and the liquidation of troubled hedge fund Three Arrows Capital helped drive bitcoin briefly below $19,000 as crypto losses deepened. ( read original story ...)

Posted on 30/06/2022

DeFi Is the Wild West of Banking and Investing. Here’s What Crypto Investors Should Know

DeFi, or “decentralized finance,” is the unregulated “wild west” counterpart to the traditional financial system. Here’s what crypto investors should know. ( read original story ...)

Posted on 30/06/2022

Crypto’s Tumultuous Second Quarter Leaves Investors Asking: What Else Could Go Wrong?

The crypto market lost more than half its value in the latest period. ( read original story ...)

Posted on 30/06/2022

Basel revises bank crypto capital plan to include blockchain

Banks should take a conservative approach to setting aside capital to cover risks from "unbacked" crypto assets on their books, the global Basel Committee of banking regulators said in proposals on ... ( read original story ...)

Posted on 30/06/2022

European Union inks deal on crypto transfer tracing rules

The European Union has agreed on new rules subjecting cryptocurrency transfers to the same money-laundering rules as traditional banking transfers. EU negotiators signed a provisional agreement late ... ( read original story ...)

Posted on 30/06/2022

New Crypto Super PAC Has Deep Pockets—and Old Connections

A new “crypto” super PAC with some wealthy friends has just appeared on the scene, and the group is not messing around. The “Crypto Freedom PAC” has already thrown nearly a million dollars into ads ... ( read original story ...)

Posted on 30/06/2022

Can crypto regulate itself? The Lummis-Gillibrand bill hopes so.

Creating the equivalent of the stock markets’ FINRA for crypto is the ideal, but experts doubt that it will be easy. ( read original story ...)

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