By Luc Cohen NEW YORK, June 12 (Reuters) - Sam Bankman-Fried on Friday lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he ...
Ripple CEO says JPMorgan boss Jamie Dimon’s Clarity Act criticism was ‘a disservice’ to crypto regulation
Ripple (CRYPTO:XRP) CEO Brad Garlinghouse sharply criticized JPMorgan (NYSE:JPM) CEO Jamie Dimon's opposition to cryptocurrency legislation, accusing the banking executive of either intentionally ...
Forget Bitcoin ETFs: This Crypto Stock Fund Is Up 11% YTD While Bitcoin Drops 29%
Spot Bitcoin ETFs were supposed to be the simplest way to own crypto. Funds like the iShares Bitcoin Trust (NASDAQ:IBIT) made it easy: low fees, direct spot exposure, no wallet headaches. Buyers in ...
Metaplanet set to issue Bitcoin-related yield products directly to Japanese investors
Metaplanet is looking to tap into Japan’s yield market with Siibo Securities, targeting a $7.1 trillion pool of idle cash and deposits with Bitcoin. In a post on Friday, Metaplanet CEO Simon Gerovich ...
Metaplanet Pays $13 Million for License to Sell Bitcoin Yield Products in Japan
Metaplanet acquires Siiibo Securities for $13 million, gaining a Japanese license to sell bitcoin yield products to savers.
Japan advances crypto bill to reclassify digital assets and cut taxes to 20%
Japan is advancing a crypto reform bill that would classify digital assets as financial products and cut taxes on eligible crypto gains to 20%.
Polish president vetoes crypto assets bill for third time
Polish President Karol Nawrocki vetoed a government bill aimed at regulating the crypto assets market for the third time on June 11, blocking legislation that would have appointed the Polish Financial ...
SpaceX to Raise 2.1 B. Dollars in Japan through Nasdaq IPO
Space Exploration Technologies Corp., or SpaceX, led by U.S. business mogul Elon Musk, said Friday Japan time that it will raise 2,185 million dollars, equivalent to some 347 billion yen, in Japan in ...
Asian investors look for novel ways to join SpaceX’s US IPO excitement
Japan and Australia are the only countries in Asia-Pacific where retail investors have direct access to SpaceX’s IPO.
Bank of Japan Poised to Raise Rates to 31-Year High
Japan’s central bank is widely expected to raise interest rates to 1% to counter the price shock stemming from the Middle East conflict.
SpaceX raises $2.2 billion in Japan slice of record-breaking IPO
SpaceX secured $2.2 billion from Japanese investors in its record-breaking global IPO, reserving 3% of its Class A shares for the offering. This marked Japan's largest first-time share sale since JX ...
Japan’s Nikkei ends nearly 3% higher on renewed hopes for Middle East peace
Japanese stocks surged on Friday, with the Nikkei index climbing close to 3 percent. Investors reacted positively to news of a potential peace deal between the United States and Iran. Chip-related ...
Nikkei 225 trims gains amid caution over Iran peace deal
Japan's Nikkei 225 stock index trimmed some of its gains on Friday after an initial surge on renewed hopes for a US-Iran peace deal.
Bank of Japan set to hike rates to 31-year high, drop hawkish signals
By Leika Kihara TOKYO, June 12 (Reuters) - The Bank of Japan is set to raise interest rates to a 31-year high next week and signal its readiness to keep pushing up borrowing costs, undeterred by the ...
Sanae Takaichi’s government passes bill to cut taxes on Bitcoin, Ethereum taxes in Japan from 55% to 20%
Japan’s lower house passed a bill on Thursday that puts cryptocurrency in the same legal category as stocks and other financial instruments. Big Catalyst For Crypto In Japan The bill advanced after ...
BOJ rate hike to 1% could reshape Japan’s position in global crypto markets
The Bank of Japan (BOJ) is expected to increase interest rates to a level that has not been seen since 1995 at its upcoming policy meeting scheduled on June 15-16. The increase in rates will mark an ...