Bitfront, a crypto exchange that’s backed by Japan’s internet giant Line Corp., is shutting down amid “rapidly evolving” challenges in the industry.
Japan’s Lawmaker Pushes for Further Easing of Crypto Regulations
Japan’s Web3 lawmaker Masaaki Taira said the government must further ease crypto regulations, Bloomberg reported Tuesday. A Japanese regulator recently decided to relax virtual coin listing ...
Japan’s Web 3.0 lawmaker urges further easing of country’s crypto regulation
Japan needs to further relax rules for its crypto industry, said lawmaker of Japan’s ruling Liberal Democratic Party and head of its Web 3.0 project team Masaaki Taira, in an interview with ...
Japan’s Nikkei hits one-week low on China concerns, Eisai plunge
Japan's Nikkei fell to a one-week low on Monday, as COVID-19 protests in several Chinese cities raised concerns about economic growth, while Eisai slumped after a report that a woman in a trial of the ...
Japan PM wants defence budget to reach 2% of GDP by 2027
Japanese Prime Minister Fumio Kishida has told his cabinet to increase defence spending to two percent of GDP by 2027, up from a longstanding level of around one percent.
Japan’s Kishida Orders Defense Spending Hike to 2% of GDP
Japanese Prime Minister Fumio Kishida instructed his defense and finance ministers to increase national-security related expenditures to 2% of gross domestic product by fiscal 2027, putting a figure ...
Kawakin Core-Tech introduces ‘Total Solutions’ to earthquake disasters, enters Philippine market
Seismic and structural devices are used in many buildings, including residential and commercial buildings and even bridges in Japan, where earthquakes happen more frequently than in the rest of the ... ( read original story ...)
Tokyo stocks fall in morning as China protests spark concern
Tokyo stocks fell Tuesday morning as intensifying protests against China's strict "zero-COVID" policy stirred fears over the adverse impact on the global economy. The 225-issue Nikkei Stock Average fell 163. ( read original story ...)
Japan retail sales up for 8th month on tourism reopening
By Kantaro Komiya TOKYO (Reuters) -Japanese retail sales marked an eighth successive month of annual growth in October, data showed on Tuesday, after full reopening of borders added to the boost from ... ( read original story ...)
Japan’s PM seeks to increase defence budget to 2% of GDP in fiscal 2027
Japanese Prime Minister Fumio Kishida has required cabinet Ministers to increase the nation's defence budget to around 2 per cent of GDP in the fiscal year of 2027 ... ( read original story ...)
Japan Retail Sales Rise 4.3% On Year In October
The value of retail sales in Japan was up 4.3 percent on year in October, the Ministry of Economy, Trade and Industry said on Tuesday ... ( read original story ...)
Crypto exchange Kraken will pay more than $360,000 to settle allegations it violated US sanctions by serving users in Iran
The Treasury Department said Kraken processed 826 transactions valued at $1.68 million on behalf of users who appeared to have been located in Iran.
Live news: Crypto exchange Kraken settles with US on alleged sanctions violations
Bankrupt cryptocurrency lender BlockFi is suing Sam Bankman-Fried to seize shares in Robinhood that the FTX founder allegedly pledged as collateral just days before his exchange collapsed. The lawsuit on Monday came just hours after BlockFi filed for bankruptcy protection having suffered “a severe liquidity crunch” triggered by the failure of Bankman-Fried’s FTX exchange.
Crypto Markets Today: BlockFi Files for Bankruptcy Protection, MakerDAO Rejects $500M Proposal to Invest in Bonds and BTC Slides
Crypto lender BlockFi filed for bankruptcy protection Monday, indicating it hoped to restructure, continuing operations in the meantime.This
Japan’s Nikkei seen rallying 6% to key 30,000 level by mid-2023: Reuters Poll
Japan's Nikkei 225 share average will rally to the psychological 30,000 level by the middle of next year for the first time since September 2021, according to analysts in a Reuters poll.Investors see ...
Bank of Japan Sees Unrealized Bond Loss for First Time in Over 16 Years
The Bank of Japan reported an unrealized loss on its Japanese government bond holdings for the first time in more than 16 years, reflecting the sharp rise in yields.