Let's demand radical transparency and use cryptographic mechanisms, not "attestations" to demonstrate solvency.
Special Report-Binance’s books are a black box, filings show, as crypto giant tries to rally confidence
The world's biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token. The exchange said it dealt wi ...
Banking Committee Chair: US Regulators Should ‘Maybe’ Ban Crypto
Senator Sherrod Brown added, though, that banning cryptocurrencies would be “very difficult” as activity would go offshore.
Crypto Offers a Roadmap for Improved Stock Trading
The SEC’s proposal to overhaul how transactions are conducted reads like the invention of lawyers and economists who can’t see the easy fix that exists right before their eyes.
Unlike Washington, Andreessen Horowitz has a plan to push forward crypto legislation
Collin McCune worked on the House Financial Services Committee before becoming the firm's new head of government affairs.
Yokohama recalls 6,125 commercial tires
The company is recalling the 295/75R22.5 TY517 MC² and BluEarth 109L tires in the same size that were manufactured at Yokohama’s plant in West Point, Mississippi, between May 29 and June 4. ( read original story ...)
Japan ex-soldier says misconduct routine in her army unit
A former Japanese soldier who came forward with her sexual misconduct case says harassment was as rampant in her army unit as if “part of daily communication.” ... ( read original story ...)
Suntory Beverage’s first female CEO wants more women managers, global business
Suntory Beverage & Food Ltd's incoming CEO Makiko Ono, one of only a handful of women to lead a big Japanese company, wants to see more opportunities for women in management and more business for her ... ( read original story ...)
EXCLUSIVE: Chanel Will Repeat Its Métiers d’Art Show in Tokyo
The event is planned for June 1 in the Japanese capital, the first destination for this now-traditionally traveling show. ( read original story ...)
Tokyo to Mandate Rooftop Solar Panels on New Homes
Tokyo is mandating that all new homes in the city be built with rooftop solar panels starting in 2025. Tokyo is the first Japanese city to require rooftop solar on new homes. The mandate, which goes ... ( read original story ...)
Tokyo Shares Fall On Slowdown Fears
Tokyo stocks fell Monday after renewed fears of a global slowdown drove down Wall Street shares. The benchmark Nikkei 225 index dropped 1.05 percent, or 289.48 points, to 27,237.64, while the broader ... ( read original story ...)
Ex-BOJ Nakaso sees Japan lagging in exiting stimulus due to weak economy, wages
The Bank of Japan is continuing large-scale monetary stimulus as the economy has not fully recovered from COVID-induced slump and as wage growth has lagged behind price hikes, former BOJ deputy ... ( read original story ...)
Dollar slips as markets bounce, Japan policy shift talk lifts yen
The U.S. dollar slipped on Monday as a pick-up in market sentiment drove stocks and riskier currencies higher, while the yen gained on reports that Japan will consider revising a decade-old blueprint ... ( read original story ...)
Japan’s Nikkei ends at six-week low; bank shares gain on BOJ rate-hike expectations
Japan's Nikkei share average closed at a six-week low on Monday, tracking a drop in Wall Street in the previous session, while banks' stocks rose on speculation of a domestic interest rate hike. The ...
Japan stocks lower at close of trade; Nikkei 225 down 1.05%
Japan stocks were lower after the close on Monday, as losses in the Communication, Steel and Electrical/Machinery sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 1.05% to hit a ...
It’s official: The BOJ now owns more than half of Japan’s bonds
For the first time ever, the Bank of Japan holds just over half of all government-issued bonds, data released by the central bank on Dec. 19 reveals.