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Category: FINANCE

Posted on 07/12/2023

JPMorgan’s Jamie Dimon and Sen. Elizabeth Warren Team Up to Bash Crypto

Even as Jamie Dimon's JPMorgan Chase has taken a prominent role among traditional financial firms in using blockchain, the CEO still says he

Posted on 07/12/2023

JPMorgan CEO lashes out at bitcoin, suggests crypto should be banned: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.

Posted on 07/12/2023

Crypto is for criminals? JPMorgan has been fined $39B and has its own token

But crypto pundits quickly pointed out the seeming hypocrisy in Dimon’s statements, highlighting that JPMorgan is the second largest penalized bank, having paid $39.3 billion in fines across 272 violations since 2000, according to Good Jobs First’s violation tracker.

Posted on 07/12/2023

Japan Financial Diplomat Kanda: ASEAN+3 Agree on New Lending Facility

TOKYO (Reuters) - Deputies of the ASEAN+3 group of nations agreed on Thursday to the establishment of a new regional lending facility to respond to emergencies in the region, Japan's Vice Finance ...

Posted on 07/12/2023

Japan’s Nikkei tracks Wall Street lower; US jobs in focus

Japan's Nikkei share average fell sharply on Thursday following Wall Street declines overnight ahead of key jobs data that should provide clues on how soon the U.S. Federal Reserve could start cutting ...

Posted on 07/12/2023

‘Smart Money’: Integrating AI and Crypto, the Future of Finance Is Bright

AI and cryptocurrency are converging to redefine smart money, shifting financial control from institutional to individuals.

Posted on 07/12/2023

These crypto stocks rallied more than 300% so far this year, outperforming bitcoin. Here’s why.

This is Frances Yue, crypto and markets reporter at MarketWatch. Bitcoin has had a notable rally so far this year, with a gain of over 160% year to date, although it is still down about 36% from its all-time high in November 2021.

Posted on 07/12/2023

Japan’s Nikkei-linked ELS issuance surpasses HK-linked ELS

The issuance of equity-linked securities (ELS) tied to the performance of Japan's Nikkei 225 in Korea has outsripped the issuance of those linked to the Hang Seng China Enterprises Index (HSCEI). This ...

Posted on 07/12/2023

Nikkei May Fall, Tracking Wall Street’s Losses

Japanese shares may fall, tracking Wall Street’s losses overnight.

Posted on 07/12/2023

Jamie Dimon lashes out against crypto: ‘If I was the government, I’d close it down’

The JPMorgan Chase CEO lashed out at bitcoin and its peers, suggesting that cryptocurrencies should be banned.

Posted on 07/12/2023

Nikkei 225 climbs 2% leading gains as Asia markets rebound from Tuesday’s broad sell-off

Investors will assess Australia's third-quarter GDP growth, as well as business sentiment among large firms in Japan ...

Posted on 07/12/2023

Japan’s future unicorns take on challenges from automation to fusion

TOKYO -- Japan has 13 unlisted startups approaching unicorn status, according to a Nikkei survey, the highest number to date, as investors pour money into companies offering solutions to societal ...

Posted on 07/12/2023

Japan Approves Marijuana-Derived Medicines, Adopt 7-Year Prison Sentences For Recreational Use

Ether Gaining Ground Over Bitcoin According to Key Metrics; Brazilian Governor Urges Jeff Bezos to Pay 'Amazon' Name Royalties – Top Headlines Today While US Was Sleeping Up until now, Japan has not ...

Posted on 07/12/2023

Dimon Says He Would Shut Down Crypto If He Had Government Role

Jamie Dimon told US lawmakers he would shutter the cryptocurrency industry if he had their power.“If I was the government, I’d close it down,” the chief executive officer of JPMorgan Chase & Co. said ...

Posted on 07/12/2023

JPMorgan Chase CEO Jamie Dimon slams crypto, bitcoin at Senate hearing

JPMorgan Chase CEO Jamie Dimon told U.S. lawmakers at a Senate Banking Committee hearing the only true use case for cryptocurrency is for criminals and said that were he in control of the government, ...

Posted on 07/12/2023

As bitcoin’s price surges, crypto’s power in Washington withers

The price of bitcoin has been on a tear in recent weeks, but for crypto-industry boosters in Washington, the price gains are cold comfort, as their influence in the nation’s capitol appears to be ...

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