Japan is making some big changes to how it handles cryptocurrency. The Financial Services Agency (FSA) is working on a plan to treat digital assets like Bitcoin and Ethereum as financial products, similar to stocks and investment funds. This change could happen as early as 2026 and would bring a flat 20% tax on crypto gains, which is a big drop from the current rates...
Blue Owl Capital is thinking about bringing back a plan to combine two of its private credit funds. This comes after they had to stop a similar plan last week because investors weren't happy. The main reason for the merge is to give shareholders a way out and cut costs. But, it's not a done deal yet. The idea is to merge the larger fund, OBDC, with Blue Owl Capital ...
Nintendo's Black Friday 2025 sale is now live, offering discounts on a variety of games, amiibo, and accessories. The sale includes popular titles like Super Mario Odyssey, which is ranked fourth on IGN's "Top 100 Nintendo Games of All Time, " for just $30. Other notable games on sale include Paper Mario: The Thousand-Year Door Remake, Splatoon 3, Luigi Mansion 3, Ze...
In 2025, the world of fintech took a thrilling turn with the rise of Polymarket, a crypto-based platform that lets people bet on all sorts of events. But it's not all fun and games. This platform is walking a fine line between innovation and gambling, and regulators are watching closely. Polymarket started in 2020, allowing users to bet on political, cultural, and e...
Cyclone Fina, a powerful category three storm, has left its mark on Darwin, the capital of Australia's Northern Territory. With wind gusts reaching up to 205 kilometers per hour, the cyclone brought strong winds and heavy rain to the city. Residents were reminded of the devastating Cyclone Tracy, which struck Darwin on Christmas Day in 1974, causing widespread destru...
Robert F. Kennedy Jr. has been making waves with his "Make America Healthy Again" (MAHA) initiative. Recently, he was celebrated at a high-profile event in Washington, where he received praise from the vice president and top tech executives. Yet, not everyone is happy with the direction MAHA is taking. Some of Kennedy's supporters and former employees have been voca...
In a significant move, U. S. authorities have apprehended four individuals, including two Chinese nationals, for their alleged involvement in a scheme to illegally ship advanced Nvidia graphics processing units (GPUs) to China. These GPUs are crucial for artificial intelligence (AI) applications. The suspects are accused of attempting to bypass U. S. export controls ...
In the U. S. , becoming a widow isn't just an emotional rollercoaster; it's a financial nightmare. Imagine losing a spouse and suddenly facing a maze of medical bills and insurance hassles. This is the reality for many widows in the U. S. , where healthcare costs can pile up quickly. Across the globe, things look different. In countries with universal healthcare, wi...
Asia is making big moves in tokenized finance, and it's happening faster than in the U. S. Let's break it down. Japan is working on rules to make crypto more like traditional finance. They've got over 12 million exchange accounts holding trillions in assets. The goal is to make it easier for banks and brokers to handle crypto without all the legal hassle. This could...
The OBBBA has introduced some big changes to the Qualified Small Business Stock (QSBS) rules, which could be a game changer for startup founders. The cap on how much stock can be excluded from capital gains tax has been raised to $15 million, and it will go up with inflation after July 4, 2025. This means founders and investors can keep more of their profits when the...