Cryptocurrency transactions in Indonesia hit $60 billion last year, according to the country’s commodities futures trading agency. Crypto exchange and marketplace Reku has been riding the wave with ...
AIG unit Corebridge raises $1.68 bln in year’s largest IPO
AIG Inc's life insurance and retirement division Corebridge Financial Inc raised $1.68 billion on Wednesday in the biggest initial public offering (IPO) so far this year, braving market volatility and ...
Japan’s solo FX intervention won’t be that effective – ruling party official
Japan lacks effective means to combat the yen's sharp falls, as intervening unilaterally in the currency market will likely have a limited impact in reversing its downtrend, Satsuki Katayama, head of ...
Asia-Pacific markets set for mixed open after previous negative session
Futures in the Asia-Pacific point to a mixed open on Thursday after Wednesday’s negative session. In the U.S., indexes inched higher overnight and the producer price index showed an decrease in ...
Coinbase Is Highlighting Politicians on Their Crypto-Friendliness
Coinbase Global Inc. is adding a scorecard for politicians right into its app as the largest US cryptocurrency exchange amps up its policy advocacy efforts after expressing frustration with lawmakers ...
The Ethereum ‘merge’ is almost here—how the historic upgrade will affect crypto investors
Ethereum, the second-largest blockchain behind bitcoin, is expected to begin a technical upgrade dubbed the "merge." Here are four things investors should know.
Crypto Investors Step Up Bets Against Ether as ‘Merge’ Looms
The high-stakes revamp of the Ethereum network comes with security, concentration and ether price risks, investors and analysts say.
Police Issue Arrest Warrant for Crypto CEO Do Kwon Following Implosion of TerraUSD
Prosecutors are seeking the CEO of Terraform Labs along with five other top company members on charges of violating capital market laws.
Crypto market tumbles below $1 trillion as Ethereum Merge looms
The cryptocurrency market has dropped below $1 trillion on Wednesday, losing more than $100 billion of value ahead of one of the most-anticipated events in the industry’s history. Dubbed ‘The Merge’, ...
Web3 founders and top VCs break down how blockchain gaming can take crypto mainstream – and explain potential hurdles for widespread adoption
Industry veterans share what you should know about how blockchain gaming will take crypto to the mainstream.
Japan Nikkei tumbles nearly 3%
Meanwhile, remarks from Japanese Finance Minister Shunichi Suzuki suggesting currency market intervention weighed on sentiment, compounded by reports that the Bank of Japan conducted a ...
Japan shares lower at close of trade; Nikkei 225 down 2.78%
Japan equities were lower at the close on Wednesday, as losses in the Transportation Equipment, Automobiles & Parts and Textile sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 ...
Japan warns of intervention, BOJ conducts ‘rate check’ amid yen fall
Japanese Finance Minister Shunichi Suzuki on Wednesday issued his strongest warning yet about the yen's sharp drop against the U.S. d ...
Yen Rallies as Japan Intervention Threat Hangs Heavy Over Market
The yen rebounded from near a 24-year low on signs the Bank of Japan is preparing an intervention to prop up the currency. Most Read from BloombergUS Inflation Tops Forecasts, Cementing Odds of Big ...
Kaszek, YC back DolarApp’s mission to ‘dollarize’ Latin America’s finances with crypto
With DolarApp, users can open a bank account going from peso to dollar dominated stablecoin USD Coin (USDc) and back in seconds.
Afghanistan’s Crypto Lifeline
Apart from the Hawala system, an informal money transferring service popular across the Middle East and South Asia, crypto has become one of the only ways to reliably send money in and out of ...