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Category: FINANCE

Posted on 29/11/2023

Man who was ‘pivotal’ to crypto-raid sentenced

John-Ross Rennie was described as the 'technical brains' behind the crime, thought to be the first of its kind in Scotland.

Posted on 29/11/2023

China’s Shein files for US IPO in major test for investor appetite – sources

Goldman Sachs, JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the initial public offering (IPO), and Singapore-based Shein could launch its new share sale some time in 2024, ...

Posted on 28/11/2023

Coinbase’s David Duong: Bitcoin ETFs Introduce a New Era of Crypto Investment

The head of research for the leading crypto exchange outlines how institutional access to bitcoin will change the crypto market for good.

Posted on 28/11/2023

Column: The crypto scam is on life support. Why are some lawmakers trying to perform CPR?

The criminal convictions of Sam Bankman-Fried and the Binance gang just mark the beginning of the U.S. government's drive to expose crypto as a tool for fraud and money-laundering. Yet some ...

Posted on 28/11/2023

Global regulators to assess if more crypto safeguards needed

More measures may be needed to stop blow-ups at complex crypto firms like FTX from destabilising the wider financial system, the global Financial Stability Board (FSB) said on Tuesday.

Posted on 28/11/2023

Bank of Japan governor gets 1.1% pay hike, below inflation

Japanese firms raised monthly pay by a record 3.2 per cent on average this year, bigger than a 1.9 per cent increase last year, a government survey showed on Tuesday.

Posted on 28/11/2023

Bongbong Marcos flying to Tokyo and Dubai in December

President Ferdinand “Bongbong” Marcos Jr. is headed to United Arab Emirates (UAE) and Japan in December. He is expected to sign the 2024 national budget before his trip to Tokyo. During a Palace ...

Posted on 28/11/2023

Marcos likely to sign 2024 budget before Japan trip — Diokno

Department of Finance Secretary Benjamin Diokno said that President Ferdinand Marcos Jr. might approve the proposed P5.768-trillion budget for 2024 before his trip to Japan next month.

Posted on 28/11/2023

Singapore Central Banker Sees Private Crypto on Its Way Out

Private cryptocurrencies that failed the fundamental tests of financial services will eventually exit the monetary scene, according to Singapore’s central bank chief.

Posted on 28/11/2023

Nikkei ends lower as investors book profits, yen rebound weighs

Japan's Nikkei share average fell on Tuesday as investors locked in profits from recent gains, with the yen's rebound against the dollar also weighing on sentiment. The Nikkei closed 0.12% lower at 33 ...

Posted on 28/11/2023

Marcos seen to sign 2024 budget before Japan trip in December

Finance Secretary Benjamin Diokno on Tuesday said President Ferdinand "Bongbong" Marcos Jr. would likely sign the P5.768-trillion national budget for 2024 before his trip to Japan in December.

Posted on 28/11/2023

Charles Hoskinson says, “There was no Cardano ICO”; argues Bitcoin is not decentralized

"Bitcoin did not do an ICO, most people thought it had no value, it was mined from zero, it is decentralised, there is no CEO, ICO warchested "foundation", incorporation etc. so cardano, eth etc ...

Posted on 28/11/2023

Venture capitalist says slump in Japan’s IPO market is ‘healthy’ long-term

Kathy Matsui of MPower Partners discusses the trends in Japan's startup scene, including the cyclical IPO slump, as well as her hopes for more merger and acquisition deals.

Posted on 28/11/2023

Nikkei trades lower as investors book profits, yen rebound weighs

Japan's Nikkei share average traded lower on Tuesday as investors sold stocks to lock in profits from recent gains, with the yen's rebound against the dollar further weighing on sentiment. The Nikkei ...

Posted on 28/11/2023

Japanese market embraces USDC as Circle and SBI set the stage for Web3

Circle, the company behind the popular USD Coin (USDC), has entered into a strategic partnership with Tokyo-based financial services firm SBI Holdings to facilitate the adoption of USDC and Web3 ...

Posted on 28/11/2023

BlackRock ETF Investors Should Worry About Wall Street’s Two-Faced Approach to Crypto

Spot bitcoin ETFs are poised to change the crypto market, but how would such products contradict institutional dismissals of bitcoin?

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