The world's boldest monetary policy experiment landed the Bank of Japan with a vast portfolio it just can’t quit. ( read original story ...)
Asia-Pacific markets set to open higher after Wall Street recovery
Shares in Asia-Pacific set to rise on Friday after a comeback on Wall Street as investors continued to digest the Fed's plans to fight inflation. ( read original story ...)
U.S. FDIC asks banks for info on crypto activities, cites potential ‘systemic risks’
The U.S. Federal Deposit Insurance Corporation (FDIC) on Thursday said the thousands of banks it supervises should notify the regulator of any crypto-related activities they have or are planning. ( read original story ...)
Goldman Sachs just flagged the crypto curse of the first quarter
The S&P 500 fell 5% on average since the start of the year. Goldman says stocks connected to blockchain didn’t even fare that well. ( read original story ...)
Ethereum is about to get a huge facelift that could be help fix crypto’s climate problems — but spell the end of ether mining
"The merge" will transform how ether, the Ethereum blockchain's cryptocurrency, will be created — which will, in theory, consume 99% less energy. ( read original story ...)
Crypto trading platform eToro launches $20 million NFT fund as industry approaches inflection point
EToro is launching a fund to support new digital art in a first step toward broader expansion of NFT investment services. ( read original story ...)
Crypto industry needs ‘sensible’ regulation, expert says
Ava Labs President John Wu weighed in on potential regulation for cryptocurrencies, arguing that it is most important that there is "certainty" in the near future. ( read original story ...)
‘Spigots of capital’ will flood into crypto once policy and regulation are set, ‘Shark Tank’ investor Kevin O’Leary predicts
"What we're missing is policy. When we get policy, and the regulator regulates, that's not a negative thing," O'Leary said at a conference. ( read original story ...)
Ex-Sen. Cory Gardner joins crypto lobbying group
Former Sen. Cory Gardner (R-Colo.) will join the Crypto Council for Innovation as its chief political affairs strategist, the industry trade group said Thursday. The council, which is backed by crypto ... ( read original story ...)
Ronin Network bailed out by crypto giant after hack
A cryptocurrency and NFT games company which was hacked for $540m (£412m) last month says its customers will now be reimbursed after a cash injection.Hackers emptied the company's Ronin Network ... ( read original story ...)
KKR To List Japan’s Kokusai Electric As Early As June, Sources Say
U.S. private equity firm KKR & Co Inc plans to take Japanese chip equipment maker Kokusai Electric Corp public in an IPO as early as June, three sources said, in what is likely to be Tokyo's biggest ... ( read original story ...)
Japan Nikkei extends losses on Fed aggressive rate hike bets
Meanwhile selloff was also fuelled amid concerns over the war in Ukraine and more sanctions on Moscow. The United States imposed more sanctions on Moscow as Russian forces bombarded Ukrainian cities, ... ( read original story ...)
American Finance Executive Arrested in Tokyo Describes His Ordeal
Prosecutors have accused Trevor Hill of SMBC Nikko Securities of conspiring to manipulate stock prices, while Japanese media have depicted the case as one of the most serious financial offenses of ... ( read original story ...)
Anthony Scaramucci on Crypto: It’s ‘Almost Impossible to Extinguish’ It in the U.S.
Former White House Director of Communications Anthony Scaramucci spoke about the future of crypto and American politics at an event this week, and said that the IRS treatment of c ... ( read original story ...)
Yellen says U.S. crypto rules should support innovation, manage risks
U.S. Treasury Secretary Janet Yellen said on Thursday crypto asset regulations should support responsible innovation while managing risks, sticking to the contours of a recent White House executive ... ( read original story ...)
Yellen calls for crypto regulation to reduce risks, fraud
Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and other digital assets and to ward off fraudulent and illicit transactions. ( read original story ...)