Under the legislation, wealth managers known as Spezialfonds would be able to invest up to 20% in digital assets. ( read original story ...)
Did Facebook Buy Bitcoin? Rumored Crypto Earnings Call Announcement Fails to Materialize
The social media platform's first quarter 2021 earnings report made no mention of an investment in the cryptocurrency. ( read original story ...)
A bill that would create a joint SEC-CFTC crypto task force has been passed in the House and will head to the Senate
The Eliminate Barriers to Innovation Act of 2021 is headed to the US Senate after passing in the House. It would create a public-private working group for crypto. ( read original story ...)
Japan’s Newest Foreign CEO Asks: Where Are the Women Managers?
For new managers in foreign countries, many things can be surprising. For Jean-Marc Gilson, the newly-arrived head of a 90-year-old Japanese chemical giant, it was an absence that stood out. ( read original story ...)
Billionaire Mark Cuban highlights rampant speculation in crypto – but says that’s always the case with transformative technologies
The "Shark Tank" investor suggested NFTs, DeFi, smart contracts, and other emerging uses for crypto could fuel demand going forward. ( read original story ...)
Bitkraft teams up with Delphi Digital to invest in blockchain and crypto projects
Bitkraft Ventures has teamed up with the blockchain advisory firm Delphi Digital to invest in blockchain and crypto projects. ( read original story ...)
PayPal’s Crypto Partner Paxos Raises $300 Million At $2.4 Billion Valuation
New-York-based blockchain infrastructure company Paxos raised $300 million in Series D investment round. The company is now valued at $2.4 billion. ( read original story ...)
Ripple Planning for IPO after Settling XRP Lawsuit: SBI CEO
Ripple is considering listing its shares publicly after the settlement of the ongoing dispute with the US financial market regulator over the status of XRP. ( read original story ...)
Deputy PM lauds contributions of Japan’s financial, credit organisations
Deputy Prime Minister Pham Binh Minh on April 28 hosted a reception for Masahiro Yoshimura, General Manager of Business Development Department at Japan’s Sumitomo Mitsui Financial Group (SMFG), who is ... ( read original story ...)
Cramer’s lightning round: Coinbase will be a proxy for owning crypto
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. ( read original story ...)
Tesla Tokens From Crypto Exchange Binance Draw BaFin Scrutiny
A push by Binance, the world’s biggest cryptocurrency exchange, to offer tokens tied to the performance of popular U.S. stocks is drawing the attention of Germany’s financial regulator. ( read original story ...)
Allbirds Prepares to IPO within a Hot Market
Shoemaker, Allbirds, is reportedly in the process of interviewing banks as they prepare to go public, according to a report in the New York Times DealBook. ( read original story ...)
Tokyo organisers say there will be daily virus tests for athletes
Athletes and their close contacts will have daily coronavirus tests at this summer's Games, Tokyo 2020 chief Seiko Hashimoto says. The statement came as Olympics officials held top-level talks, during ... ( read original story ...)
Credit Suisse’s Key Tokyo Private Banker Leads Exodus to LGT
Yoshitaka Nagakura, a senior private banker at Credit Suisse Group AG in Tokyo, left to spearhead a new operation for LGT Private Banking in Japan, according to people with knowledge of the matter. ( read original story ...)
Daily covid tests for Tokyo athletes
Athletes competing at the Tokyo Olympic and Paralympic Games will be tested every day for coronavirus. They'll all need to return two negative results before travelling to Japan, too. Anyone else ... ( read original story ...)
Sensex Rises Over 250 Points, Nifty Above 14,700; Bajaj Finance Top Gainer
IndusInd Bank, ICICI Bank, Bajaj Finance, State Bank of India, Axis Bank, Bharti Airtel and Bajaj AUto were among the top movers in the Sensex. ( read original story ...)