Tech has long been a fixture at SXSW, and this year, web3 — a vision for a decentralized internet built on blockchain technology — is taking over. In October, it was announced that Blockchain Creative ... ( read original story ...)
Exclusive-Russians Liquidating Crypto in the UAE to Seek Safe Havens
By Yousef Saba, Lisa Barrington, Riham Alkousaa and Alexander Cornwell DUBAI (Reuters) - Crypto firms in the United Arab Emirates (UAE) are being deluged with requests to liquidate billions of dollars ... ( read original story ...)
How Wartime Tests Crypto’s Strengths and Vulnerabilities
Bitcoin and other cryptocurrencies promise transactions across borders in relative anonymity, mostly free of state oversight and unbothered by the formalities of traditional international banking. In ... ( read original story ...)
USD/JPY Weekly Forecast: Federal Reserve and the Bank of Japan head for different exits
Technical conditions, pending US and Japan bank meetings and Ukraine all contribute to yen weakness. Putin’s ‘certain positive developments” comment undermines yen safety-trade. Fed expected to hike, ... ( read original story ...)
Simplify Your Crypto Taxes with Accointing
And when you make more money and diversify the money you make with investments like crypto and property, tax season becomes even more of a headache. This year, crypto taxes, at least, can be a lot ... ( read original story ...)
Pro-Crypto President Wins South Korea Election
On Thursday, conservative, pro-crypto candidate Yoon Suk-yeol claimed victory in South Korea’s hotly-contested presidential election, claiming approximately half of the votes in a race that saw 77% of ... ( read original story ...)
What did Biden get wrong on crypto? His new order threatens to smother innovation.
The Biden administration needs to recognize that the biggest threat to financial stability with regard to cryptocurrency is overregulation. ( read original story ...)
Amid War in Ukraine, Should Ordinary Russians Be Banned From Trading Crypto?
Blocking all cryptocurrency operations in Russia would increase the impact of Western sanctions. But experts are divided on whether it would do more harm than good. ( read original story ...)
Bitcoin drops below $40,000, almost wiping out gains from Biden’s crypto executive order
Bitcoin and other cryptocurrencies fell on Thursday as some of the initial excitement around U.S. President Joe Biden's executive order on digital assets faded. ( read original story ...)
UK FCA Orders Operators to Shut Down Crypto ATMs
The U.K.'s Financial Conduct Authority (FCA) has warned that any crypto ATMs operating in the country are illegal and must be shut down. Operators must be registered with the FCA to offer ATM services ... ( read original story ...)
Stripe gets friendly with crypto, again
Payments giant Stripe already powers a pretty major swath of the web’s financial infrastructure, now it’s launching crypto payments support to give customers an easier path to onboard web3 users and ... ( read original story ...)
Biden’s New Executive Order on Crypto Is a Step in the Right Direction, Experts Say. Here’s What Investors Should Know
President Joe Biden signed an executive order on crypto Wednesday. Here’s how experts are reacting and what investors should make of it. ( read original story ...)
Japanese Megabanks Join SBI Holdings to Pull Staff Out of Russia
Japan’s top lenders, including the banking unit of Mitsubishi UFJ Financial Group Inc., are pulling their Japanese staff out of Russia due to safety concerns following its invasion of Ukraine. ( read original story ...)
SEC okays CTS Global Equity Group IPO
The Securities and Exchange Commission (SEC) has considered favorably the initial public offering (IPO) by CTS Global Equity Group, Inc. for up to PHP1.375 billion. In its March 10 meeting, the ... ( read original story ...)
Inflationary pressures in US, weakening euro, and the Bank of Japan’s dovish stance
The US Federal Reserve and the Bank of Japan have policy meetings next week. While the Fed is certain to hike rates, the BOJ is set to remain an outlier and hold onto a dovish stance on monetary ... ( read original story ...)
Japanese Yen Tanks as US Dollar Soars Ahead of The Fed and BoJ. Where to for USD/JPY?
The Japanese Yen fell further today as the US Dollar gained ground ahead of central bank meetings next week. Will USD/JPY maintain momentum? ( read original story ...)