In 2018, one of the largest donors to Rep. Brad Sherman’s campaign was a bank director who had spent large sums of money to build political influence among American politicians — and who led a US-registered non-for-profit that “signed a MOU of friendly cooperation” with a Chinese state entity alleged by the US State Department to “malignly” influence local and state authorities — a branch of the Chinese People’s Association for Friendship with Foreign Countries and part of the United Front Work Department (UFWD) responsible for “co-opting and neutralizing threats to the party’s rule and spreading its influence and propaganda overseas,” as alleged by the State Department. His name:…

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A recent survey by Nomura Holdings and its digital asset subsidiary, Laser Digital, highlights a bullish outlook on cryptocurrencies among Japanese investment managers. Over 54% of managers surveyed plan to add crypto assets to their portfolios in the next three years, aiming to enhance stability and hedge against inflation through diversified investments. This sentiment follows the Japanese cabinet’s endorsement of cryptocurrencies as legitimate assets for local investment funds.

The enthusiasm for digital currencies is also reflected in the acceptance of crypto as a viable diversification strategy, with 62% of respondents viewing it favorably. A significant 25% hold a particularly positive view on major cryptocurrencies like Bitcoin and Ether. This growing confidence is spurred by evolving financial products in the crypto space, including ETFs, staking, and lending services.

This shift aligns with Prime Minister Fumio Kishida’s vision of fostering a robust Web3 industry under Japan’s new economic policy. The recent legislative changes to exclude corporate tax on unrealized crypto gains further pave the way for long-term investments, signaling a promising future for crypto assets in Japan’s financial landscape.

Survey

In a recent turn of events, the Winklevoss twins, renowned Bitcoin investors and founders of the Gemini exchange, found themselves at the center of a political fundraising story.

Cameron and Tyler Winklevoss, famous for their legal battles with Facebook founder Mark Zuckerberg and their significant contributions to the digital asset world, made headlines again with their donations to Donald Trump’s 2024 presidential campaign.

However, their generous contributions exceeded federal legal limits, prompting refunds from the Trump campaign.

The story began when the Winklevoss twins decided to support Donald Trump’s presidential bid by donating bitcoin. Each twin contributed…

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