The Japanese yen weakened against other major currencies in the Asian session on Friday. The yen declined to a record low of 176.69 against the Swiss franc, a 16-year low of 201.46 against the pound and a 16-year low of 201.46 against the U.S. dollar, from yesterday\'s closing quotes of 174.90, 200.39 and 157.13, respectively....
The Biden administration’s upcoming strategy meeting on Bitcoin, involving key figures like billionaire Mark Cuban, signals a potential shift in U.S. crypto policy. With Democratic Rep. Ro Khanna from Silicon Valley hosting this discussion, the focus will be on fostering Bitcoin and blockchain innovation in the U.S. This roundtable, set for early July, aims to...
Crypto: The Game made the 2024 Primetime Emmy Awards ballot for outstanding emerging media programs on June 14, according to the legendary award show’s nominations-round voting site. Crypto: The Game Makes History With Emmy Awards Nominee Ballot Should the “Survivor” style interactive game make the formal ballot when voting ends on June 24, it would...
Investment management firm VanEck is planning to list its first spot bitcoin exchange-traded fund (ETF) on the Australian Securities Exchange (ASX) on Thursday. This latest milestone will represent a significant step forward for both the Australian financial industry and the broader acceptance of digital currencies in mainstream investment portfolios. The ETF, introduced by VanEck, allows...
Turkey is set to implement a major fiscal overhaul that includes a 0.03% transaction tax on cryptocurrency trading. The new taxation addresses the country’s budget deficit, exacerbated by the 2023 earthquakes. The proposed tax reforms are expected to generate substantial revenue and mark the largest change to Turkey’s tax system in decades. Turkey’s New Cryptocurrency...
Venezuela’s President Nicolás Maduro and the government are seeking ways to circumvent the recent US sanctions using crypto, alleged critics. According to Venezuelan crypto activists, the government and the president’s regime have been considering several methods to evade US-imposed sanctions. “When you’re talking about regimes that are subject to sanctions, they’re typically going to look...
Japan’s top financial regulator has issued an official warning to the LBank Exchange as it looks to crack down on overseas crypto exchanges that target Japanese customers. On June 14, the Financial Services Agency (FSA) issued a warning to the LBank Exchange for offering Japanese residents “cryptocurrency transactions without registration.” Japanese Regulator to Exchange: Stop...
TriplePoint Venture Growth BDC Corp. (TPVG) announced Friday that Christopher Mathieu plans to retire as the Chief Financial Officer, effective as of the close of business on August 9, 2024. He will continue to serve as an advisor through December 31, 2024 to provide a smooth transition. Mathieu has served as CFO of TriplePoint since...
The Bitcoin price has dropped by 0.5% in the past 24 hours, with its reading of $66,155 also making for a loss of 0.7% in the past hour. Its minor change comes as the cryptocurrency market as a whole falls by 0.5% today, with BTC down by 4.5% in a week. However, the market’s biggest...
South Korean prosecutors have submitted evidence suggesting Terraform Labs co-founder Do Kwon and former Chai CEO Hyun-seong Shin may have planned to deceive investors from the outset. The Seoul Southern District Prosecutors’ Office presented a written statement to Shin’s trial court alleging a May 2019 text exchange between Kwon and Shin regarding the “Chai” payment...