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Category: FINANCE

Posted on 28/11/2023

Coinbase CEO says crypto industry can turn the page after historic Binance settlement

The crypto industry can close the chapter on a litany of scandals after Binance was hit with a historic settlement, Coinbase CEO Brian Armstrong told CNBC.

Posted on 28/11/2023

Alibaba shuts down quantum lab, donates it to university

Three guesses where DAMO plans to focus research from now on. Yep, you guessed it...AI China's cloud and e-commerce giant Alibaba has shut down its quantum computing laboratory and laid off a number ...

Posted on 28/11/2023

Decline in undeclared crypto holdings in Japan amid rising tax evasion cases

In a dynamic turn of events, Japan witnessed a notable decrease in the average value of undeclared cryptocurrency holdings, coupled with a significant surge in tax evasion cases involving digital ...

Posted on 28/11/2023

Coinbase share price surges as crypto exchange rival hit with $4 billion penalty

Despite some legal troubles of its own, publicly-traded crypto exchange Coinbase took a victory lap as Binance faced the regulatory music.

Posted on 27/11/2023

Average value of undeclared crypto in Japan dropped 19% in 2022

The average value of undeclared crypto holdings dropped from 3,659 Japanese yen (around $245,000) in 2021 to 3,077 yen ($206,000) in 2022.

Posted on 27/11/2023

Regulators and law enforcement crack down on crypto’s bad actors. Congress has yet to act

The cryptocurrency scandals seem to never end, but Washington policymakers show little interest in pushing through legislation to codify the structure of the industry.

Posted on 27/11/2023

Circle partners with SBI to promote USDC adoption in Japan

Circle Internet Financial, the issuer of US dollar-pegged stablecoin USDC, has partnered with Japanese financial services multinational SBI Holdings to expand the adoption of USDC in Japan.

Posted on 27/11/2023

Japan’s TSE starts market maker trial in carbon credit market

Japan's Tokyo Stock Exchange (TSE) said on Monday it has launched a market maker mechanism on a trial basis in the newly-launched carbon credit market to boost liquidity.

Posted on 27/11/2023

Stablecoin Issuer Circle Partners SBI Holdings for USDC Adoption in Japan

Circle Financial, one of the leading stablecoin issuers, has partnered with SBI Holdings to expand its presence in Japan.

Posted on 27/11/2023

China leads Asia market declines as property stocks plunge; Japan service inflation heats up

Investors brace for a slew of economic data this week, including China's November factory activity numbers and inflation readings from Japan and Australia.

Posted on 27/11/2023

New crypto front emerges in Israel’s militant financing fight

A new front has emerged in Israel's fight against the funding of Iran-backed militant groups from Hamas to Hezbollah: A fast-growing crypto network called Tron. Quicker and cheaper than its larger ...

Posted on 27/11/2023

Japan stocks lower at close of trade; Nikkei 225 down 0.62%

Japan stocks were lower after the close on Monday, as losses in the Paper & Pulp, Railway & Bus and Services sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.62%. The best ...

Posted on 27/11/2023

Japan, UK Discussed Global Inflation, Volatile FX, Financial Markets

TOKYO (Reuters) - Top finance officials from Japan and Britain exchanged views and analysis on current global and domestic economic challenges such as elevated inflation and volatile currency and ...

Posted on 27/11/2023

Circle Signs MoU With SBI Holdings to Expand USDC Circulation in Japan

Circle has partnered with financial services firm SBI Holdings to facilitate the strategic expansion of USDC into the Japanese market.

Posted on 27/11/2023

Can We Please Stop The Crypto Investor Madness Now

With the number of regulatory pile-ons, scams, convictions, jail time, and value crashes, there seems enough evidence to say that crypto ‘investments’ aren’t a wise move.

Posted on 27/11/2023

Japan’s Nikkei ends lower on caution ahead of US inflation data

Japan's Nikkei share average ended lower on Monday as investors turned cautious ahead of U.S. inflation data, prompting them to sell stocks to lock in profits. The Nikkei index fell 0.53% to close at ...

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