India’s Enforcement Directorate is investigating several crypto cases for money-laundering schemes and has seized over $115 million to date.
Crypto climbs in the shadow of SVB collapse as bank deposits protected
Over $100m worth of bitcoin shorts were liquidated on Monday — the highest amount since 14 January, when a sudden increase caused $500m in liquidation across several crypto futures. There have been ...
Crypto exchange Binance to halt sterling transfers
Binance is halting its sterling deposits and withdrawals, a company spokesperson said on Tuesday, a month after the world's largest crypto exchange ceased dollar transfers.
Japan’s Nikkei drops most in 3-months on concerns over stability of U.S. financial system
Japan's benchmark Nikkei stock index marked its biggest drop in three-months on Tuesday as banking shares were offloaded amid investor fears of further fallout from the collapse of two major U.S.
Japan stocks lower at close of trade; Nikkei 225 down 2.20%
Japan stocks were lower after the close on Tuesday, as losses in the Insurance, Banking and Paper & Pulp sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 2.20%. The best performers ...
The Crypto Bros Are Fast Becoming Unbankable
Crypto bros are quite literally becoming bankless and unbankable. By abruptly bundling crypto-friendly Signature Bank — one of the last of its kind — into receivership amid an extraordinary weekend operation to backstop the US banking system,
Analysis: Door slams on Japan bank rally as focus turns to bond holdings in wake of SVB
SINGAPORE (Reuters) - Tokyo banking stocks stood within sight of decade highs last week, testing the top of a range that has bound them since the 2008 global financial crisis -- then Silicon Valley ...
Asian markets tumble as SVB fallout fears rattle banking sector
Asian stocks fell broadly on Tuesday, dragged down by banking shares, as fears over the fallout of Silicon Valley Bank's collapse gripped the market despite US government efforts to stabilize the ...
Bitcoin Crosses $24.7K, Sees Highest Liquidations in Two Months
stablecoin to bitcoin, ether (ETH), bnb coin (BNB) and other unspecified tokens – which also likely contributed to the price rise. Meanwhile, Asian companies mirrored the U.S. market movement on ...
Hang Seng Index, ASX200, Nikkei 225: Under Pressure as SVB Collapse Sparks Contagion Fears
Global markets hit by SVB collapse, banking shares take significant hit as China, Hong Kong, Japan, and Australia experience sharp declines.
Japan’s policymakers play down contagion risk from SVB collapse
Japanese policymakers on Tuesday played down the risk of the economy taking a hit from the collapse of U.S. lender Silicon Valley Bank, even as fears of a contagion hit financial stocks and sent ...
Japan banks, JGB yields plunge as traders assess SVB fallout
Japanese banking shares on Tuesday were set for their biggest tumble since the onset of the COVID-19 pandemic, dragging the Nikkei share average down more than 2%, as investors tried to gauge the ...
Is Crypto A Scapegoat For Fed Policy?
The move has sparked controversy and raised concerns about the relationship between traditional financial institutions and the emerging world of cryptocurrency.
Japanese banks slide as SVB contagion fear rattles markets
Asia's share markets slid on Tuesday, with Japan's financial stocks leading losses as fear of a U.S. banking crisis gripped investors ahead of crucial inflation data due later in the day. Fallout from ...
Japan bank shares plunge with JGB yields amid SVB risks
Expectations for further Federal Reserve rate increases have also been slashed, along with the chances for a hawkish shift at the Bank of Japan, which had been the driver for a nearly 28% surge in the ...
Cryptocurrencies rally despite shutdown of crypto friendly Signature Bank, bitcoin breaks through $24,000
Cryptocurrencies rose even after regulators Sunday announced the closure of Signature Bank, the last major crypto bank after Silvergate.