Tokyo Offers Subsidies to Companies Promoting Digital Yen Usage
With this initiative, the Metropolitan Government of Tokyo seeks to establish a healthy market for stablecoins, which are expected to…
Category: Financial
Tether takes 8.2% stake in Bitcoin mining finance platform Antalpha
Tether has taken an 8.2% stake in Antalpha, making the stablecoin issuer one of the company’s largest shareholders following its…
JPYC Stablecoin Secures Pivotal $18.1M Series B Funding for Japanese Web3 Expansion
TOKYO, Japan – The Japanese yen-pegged stablecoin, JPYC, has successfully raised 2.8 billion yen, equivalent to $18.1 million, in a…
China’s PBoC Holds Key Lending Rates Steady for 11th Month in Crucial Economic Signal
BEIJING, China – The People’s Bank of China (PBoC) has maintained its key benchmark lending rates unchanged for the eleventh…
IMF trims 2026 growth forecast to 3.1% amid Middle East conflict: Report
The International Monetary Fund cut its global growth forecast for 2026 to 3.1% in its April update. The new figure…
Nasdaq slip tests crypto’s decoupling story as BTC and ETH hold up
Nasdaq drops 1% and the S&P 500 0.6%, but Bitcoin near $75k and Ethereum around $2.3k show crypto holding up…
Trump Weighs Unfreezing $20 Billion in Iranian Assets After Years of Attacking Obama for the Same Move
The Trump Iran deal under negotiation includes a proposal to unfreeze $20 billion in Iranian assets in exchange for Tehran…
Bybit leads funding for Malaysia’s Hata dual-licensed crypto platform
Bybit has led an $8 million Series A funding round in Hata, a dual-licensed digital asset exchange operating in Malaysia.…
Japanese Institutions Turn to Crypto But Keep Allocations Small
Japanese institutional investors are warming to crypto as a portfolio diversification instrument, according to a survey of 518 investment professionals…
Fed Chair Nominee Kevin Warsh Vows Fed Independence Despite Trump’s Push for Rate Cuts
Fed Chair nominee Kevin Warsh reportedly plans to commit to the Federal Reserve’s independence on monetary policy at his confirmation…