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Bitcoin set for record losing streak as 'stablecoin' collapse crushes crypto

SINGAPORE/HONG KONG, May 13 (Reuters) - Cryptocurrencies nursed large losses on Friday, with bitcoin trading near $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called st...

Yellen calls for crypto regulation to reduce risks, fraud

WASHINGTON (AP) — Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and ward off fraudulent or illicit transactions. ...

Announcement of the IX Asia Tokenization Advisory Committee

HONG KONG SAR - Media OutReach - 18 March 2022 - Today, IX Asia Indexes Company Limited ("IX Asia Indexes") announced the establishment of the IX Asia Tokenization Advisory Committee. Tokenization...

Florida home to be sold in novel non-fungible token deal

GULFPORT, Fla. (AP) — A home along Florida's Gulf Coast will be auctioned off in the upcoming week as a non-fungible token in what is believed to be among the first such transactions in the U.S. ...

Global Markets in 2021: Recoveries, reflation and wrecking balls

For global financial markets, the second year of the COVID pandemic has been nearly as dramatic as the first. The stocks bulls have stayed firmly in charge, surging energy and food prices have turb...

Taiwan designates cryptocurrency firms 'virtual currency platforms and trading businesses'

TAIPEI (Taiwan News) — The Ministry of Economic Affairs (MOEA) has formalized the designation of business activities surrounding cryptocurrencies and named a supervisory authority after years of...

Business Highlights: Fed's next step, rules for stablecoin

___ Fed to start reining in economic aid as inflation risk rises WASHINGTON (AP) — With inflation at its highest point in three decades, the Federal Reserve is set ...

Treasury report calls for stricter oversight of stablecoins

WASHINGTON (AP) — The Biden administration is calling on Congress to pass legislation that would strengthen government regulation of stablecoins, a form of cryptocurrency that has soared in popularity...

Shiba Inu passes Dogecoin as top "dog" in cryptocurrency

SILVER SPRING, Md. (AP) — Cryptocurrency has officially gone to the dogs. The recent trading frenzy over a digital token called Shiba Inu — commonly billed as a “meme” or joke coin —...

Taiwan's central bank governor comments on SQUID token

TAIPEI (Taiwan News) — In a legislative committee meeting on Monday (Nov. 1), Central Bank Governor Yang Chin-long (楊金龍) warned investors of legal and financial risks tied to cryptocurrency inve...

China’s property tax will reveal Chinese officials' 'unofficial' incomes: Expert

TAIPEI (Taiwan News) — The rollout of a property tax in China is likely to be protracted since it will reveal Chinese officials' unreported incomes and so threaten the interests of political...

Company behind Tether 'token' fined $41M by US regulators

The company behind a digital token called Tether has agreed to pay $41 million to settle charges that it misled investors by claiming the token was fully backed at all times by U.S. dollars and other ...

Asia shares perk up as receding inflation fears lift Wall Street

TOKYO, May 21 (Reuters) - Asian stocks rose on Friday, setting the region up for a weekly gain, as investors tempered fears about hot inflation and the prospects of an early tapering of stimulus by th...

Asia shares wallow near one-month lows on inflation anxiety

Asian shares fell for a second straight session on Wednesday (May 12) to one-month lows as investors speculated surging commodity prices and growing inflationary pressure in the United States could le...

Binance Launches Stock Tokens with German-Swiss CM-Equity AG and Digital Asset AG

MUNICH, GERMANY - EQS Newswire - 12 April 2021 - Binance, the global blockchain company behind the world's largest digital asset exchange, today announces the launch of zero commission tradable stock ...