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Category: FINANCE

Posted on 06/08/2023

Bitcoin is finally trading like ‘digital gold’ – but only because nobody cares about crypto anymore

Investors fled digital assets after a nightmarish 2022, and the largest token by market capitalization now trades way below its record high.

Posted on 06/08/2023

Japan has ‘long way to go’ on governance reform: Oasis founder

Fischer, who has invested in Japan for three decades, spoke with Nikkei about how the corporate governance picture has changed over that time, and Oasis's recent work in the country.

Posted on 06/08/2023

Women in boardrooms: Under 4% of Japan’s top firms are on track

Top listed companies in Japan still have a long way to go toward a government goal of putting more women in oversight positions, Nikkei research shows. Of the roughly 1,800 companies listed on the ...

Posted on 05/08/2023

Few top-listed Japan firms have 30% female directors, report says

Only 68 companies on the Prime Market Index of the Tokyo Stock Exchange have 30% or more women represented on the board, the Nikkei daily has reported.

Posted on 05/08/2023

Japan finance watchdog vows wide probe into insurers after price-fixing allegations

The FSA has ordered Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance, Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance to report on internal investigations into alleged ...

Posted on 05/08/2023

Founder of bankrupt crypto lender Celsius must face NY fraud lawsuit

Alex Mashinsky, the founder and former chief of the now-bankrupt cryptocurrency lender Celsius Network, must face a lawsuit by New York Attorney General Letitia James accusing him of civil fraud, a ...

Posted on 05/08/2023

Coinbase Q2 crypto trading revenue dips amid heightened legal pressure: 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 ...

Posted on 05/08/2023

Market Highlights: Sensex ends 480 pts higher, Nifty ends above 19500; IT shines; Cipla, IndusInd jump

Indian share market ends in the green as Sensex gains 480 pts and Nifty 135 pts. All prominent IT stocks along with Cipla, Bharti Airtel and IndusInd Bank gain, while SBI, BPCL and Bajaj Auto drag.

Posted on 05/08/2023

Japan’s Pixie Dust Technologies, wave-control tech startup, makes NASDAQ debut on Tuesday

Tokyo-based Pixie Dust Technologies, the Japanese startup focused on commercialization of innovative products and meta-materials utilizing its proprietary HAGEN wave-control technology, announced ...

Posted on 05/08/2023

Japan finance watchdog vows insurer probe after price-fixing allegations

The FSA has ordered Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance, Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance to report on internal investigations into alleged ...

Posted on 05/08/2023

Binance Japan starts offering residents trading services

Local cryptocurrency exchange Sakura Exchange Bitcoin (SEBC) has started as Binance Japan, according to a July 31 release by Binance, in an effort to comply with local regulations. The company ...

Posted on 05/08/2023

‘Futurama’ goes west for crypto in 2 new clips

Hulu released two clips from the next episode of Futurama, "How the West Was 1010001." The third episode of the Hulu revival premieres Monday. In the episode, the Planet Express gang visit Doge City, ...

Posted on 05/08/2023

Crypto is stuck in a turf battle among asset class regulators, says Coinbase’s Faryar Shirzad

Faryar Shirzad, Coinbase chief policy officer, and CNBC's Eamon Javers join 'The Exchange' to discuss the need for regulatory clarity around crypto, the use cases for crypto technology and confusion ...

Posted on 05/08/2023

What Congress Can Learn From “Razzlekhan” About Crypto AML

While the Senate debates and discusses AML for crypto, there is a lot legislators can learn from the recent pleas in the Bitfinex hack case.

Posted on 05/08/2023

SEC Pursues Restraining Order Against Crypto Miner That Defrauded Investors Out of $50 Million

On Thursday, the U.S. Securities and Exchange Commission declared that a crypto mining company known as DEBT Box raised $50 million through a fraudulent scheme, along with an unknown amount of Bitcoin and Ethereum. The SEC said that the company misappropriated funds for luxury cars and real estate, “showering their friends with cash.”

Posted on 05/08/2023

Crypto Heists Funneling Billions to North Korea’s Nuclear Program Attract Senate Scrutiny

Three Democratic senators are pressing the Biden administration for more information about its efforts to counteract Pyongyang’s reliance on stolen cryptocurrency to fund its nuclear program.

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