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Japan moves to ease crypto token listings

Bloomberg Japan will make it easier for cryptocurrency exchanges to list tokens, pressing ahead with plans to liberalise the industry even after the epic failure of Sam Bankman-Fried’s digital empire. The body that governs crypto exchanges informed member companies of the new rule which takes effect immediately, enabling them to list coins without going through a lengthy pre-screening unless the ...

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Wall Street’s big banks score $1trn of profit in one decade

Bloomberg Malick Diop felt something shifting on Wall Street. He’d joined Morgan Stanley in the grim days of 2009, when big banks were trying to pay back taxpayer bailouts and deflect public fury. But four years later, the ire was fading and ambition was the order of the day. “It really felt like, for the first time, the job and ...

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Solana tumbles again, bringing crypto token’s plunge to 94%

  Bloomberg Solana, the cryptocurrency backed by fallen crypto mogul Sam Bankman-Fried, tumbled amid concerns that large holders may be about to offload the token. Solana dropped as much as 12% on Wednesday and was trading 8.8% lower as of 8:40 am in London. Other tokens saw modest declines, with Ether slipping 1.3% and Bitcoin down 0.3%. While other so-called ...

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