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Posted on 04/06/2022

Univest Securities, LLC Announces Closing of $25 Million IPO for its Client Zhong Yang Financial Group Limited (Nasdaq: TOP)

Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of the initial ... ( read original story ...)

Posted on 04/06/2022

Regulating crypto assets would protect ‘the rest of us’: Fed’s Waller

Better regulation of the fast-growing world of crypto assets is needed not to keep rich people from losing money but for the sake of everyone else, Federal Reserve Governor Christopher Waller said on ... ( read original story ...)

Posted on 04/06/2022

Crypto scams are on the rise, draining more than $1 billion in last year

Americans have lost more than $1 billion to cryptocurrency scams since the start of last year, as criminals exploit rising popular interest in scoring quick digital riches, according to a new analysis ... ( read original story ...)

Posted on 04/06/2022

The Lummis-Gillibrand bill draft promises crypto tax wins

An early version of the bipartisan crypto regulation bill revealed that the senators appear to be listening to the industry’s main tax complaints. ( read original story ...)

Posted on 04/06/2022

A Moratorium on Crypto Mining in New York Could Lead To Environmental Wins Nationwide

On June 3, the New York Senate passed the U.S.’s first statewide moratorium on cryptocurrency mining, aimed at energy-intensive operations that use fossil fuels for power. The measure, which still ... ( read original story ...)

Posted on 04/06/2022

As the downturn hits crypto, a key startup investment source may slow

While the 2021 venture cycle was still booming, every startup sector felt hot. Every geography set records. Founders ruled supreme, venture capitalists lined up to pay steep prices for startup shares, ... ( read original story ...)

Posted on 04/06/2022

Crypto Investors Are Dumping Ethereum For Bitcoin As Risk Aversion Deepens

The ether-bitcoin ratio has breached the 1.5-year bullish trendline, indicating continued risk aversion in the crypto market. ( read original story ...)

Posted on 04/06/2022

Japan’s New Law Says Stablecoins Can Only Be Issued By Registered Financiers

It comes as holders of failed stablecoin ventures are still picking up the pieces from the most recent crypto crash. ( read original story ...)

Posted on 03/06/2022

Gemini Lays Off 10% Of Their Astronauts In A ‘Crypto Winter’ Reckoning

In response to “turbulent market conditions that are likely to persist for some time,” Gemini is downsizing 10% of their astronauts—their term for employees. In a company blog post, the twin ... ( read original story ...)

Posted on 03/06/2022

Crypto market has ‘more pain to come,’ expert warns

Head of Republic Crypto Andrew Durgee agrees with the Winklevoss twins' prediction that a "crypto winter is here" along with global markets. ( read original story ...)

Posted on 03/06/2022

The crypto-skeptics’ voices are getting louder

A growing number of tech and financial experts are worrying about cryptocurrency investments. What will their cries mean? ( read original story ...)

Posted on 03/06/2022

Japan passes bill to limit stablecoin issuance to banks and trust companies

Japan is moving forward with legislation regarding the issuance of stablecoins i.e. digital assets with their value pegged to fiat currencies or stabilized by an algorithm. On June 3, Japan’s ... ( read original story ...)

Posted on 03/06/2022

Japan to compile big extra budget for stimulus after summer election

Japan is planning to compile a supplementary budget worth more than 10 trillion yen ($77 billion) after this summer's upper house ele ... ( read original story ...)

Posted on 03/06/2022

FTX launches FSA-regulated spot and derivatives crypto trading in Japan

Headquartered in Tokyo, FTX Japan holds a licensed Japanese crypto-asset exchange services provider and Type 1 Financial Instruments Business license holder approved by the FSA. ( read original story ...)

Posted on 03/06/2022

Japan Introduces Legal Framework for Stablecoins Linked to Yen

Mitsubishi UFJ Trust and Banking Corp. have planned to issue their own stablecoin, dubbed Progmat Coin, once the regulation becomes active. ( read original story ...)

Posted on 03/06/2022

TOP NEWS SUMMARY: Slowing growth reported in Europe but Japan improves

"The Administrative Board is convinced that the chosen path of consistent digitization and platform growth is the right one," said Frank Gotthardt, company founder and chair of the Administrative ... ( read original story ...)

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