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Category: FINANCE

Posted on 07/07/2023

Japan’s base salaries jump most since 1995, puts Bank of Japan’s policy into view

Bank of Japan Governor Kazuo Ueda regards pay growth as a key gauge to consider in deliberations about a shift in policy.

Posted on 07/07/2023

BOJ likely to forgo YCC tweak in July despite broadening inflation – ex-c.bank official

The Bank of Japan may revise up this year's inflation forecast but will likely hold off on tweaking its yield curve control (YCC) policy in July to await more evidence that wages will keep rising, its ...

Posted on 07/07/2023

Japan’s Largest Banks Collaborate to Introduce Stablecoins to Cosmos

Japan, known for its technological advancements and progressive regulatory environment, is making significant strides in the cryptocurrency landscape. In a groundbreaking partnership, the country’s ...

Posted on 07/07/2023

Ex-BoJ’s Kameda: Japanese central bank may hold off YCC tweak in July

Bank of Japan’s (BoJ) former top economist, Seisaku Kameda, said in a Reuters interview on Friday, the Japanese central bank will likely refrain from making any adjustments to its yield curve control ...

Posted on 07/07/2023

Japan’s GPIF posts $72 bln investment gain in Q4

Japan's Government Investment Pension Fund (GPIF) reported on Friday an investment gain of 10.3 trillion yen ($71.77 billion) in January-March, ending a four-quarter losing streak.

Posted on 07/07/2023

F.B.I. Searched the Home of Crypto Exchange Founder

Federal agents were investigating Jesse Powell, the founder of the crypto exchange Kraken, over claims that he hacked and cyber-stalked a nonprofit arts group.

Posted on 07/07/2023

‘Mr. Yen’ Says Japan’s Currency May Weaken to 160 and Beyond

The yen may fall through the more-than three-decade low it reached last year amid Japan’s widening monetary policy divergence with the US, according to Eisuke Sakakibara. Most Read from ...

Posted on 07/07/2023

Bitcoin To Potentially Climb To $125,000 By End Of 2024, Predicts Cryptocurrency Services Provider

Circle Considers Issuing A Stablecoin In Japan Following New Legislation Markus Thielen, Matrixport's Head of Research and Strategy, stated in a report, "On June 22, 2023, Bitcoin recorded a new ...

Posted on 07/07/2023

Circle mulls the launch of stablecoin in Japan

Circle, the issuer of the second-largest stablecoin by market capitalization, is mulling the release of a fiat-backed cryptocurrency in Japan under the new legislation that came into effect last month ...

Posted on 07/07/2023

Crypto This Thursday: BlackRock CEO Supports BTC Accessibility, Circle to Launch Stablecoin in Japan, and More

Japan implemented a new stablecoin law ... and cost-effective in order to democratize the cryptocurrency market. “ The bid spread for crypto is too expensive. It erodes a lot of the returns… because ...

Posted on 07/07/2023

The end of the ‘crypto gold rush’ leaves local economies with little to show: report

Rising bitcoin prices have not been paired with an increase in crypto-related entrepreneurial activity, according to a new report.

Posted on 07/07/2023

Taylor Swift agreed to FTX partnership, but the crypto exchange bailed, source tells CNBC

The nature of the agreement contradicts prior public statements from a high-profile attorney that suggested that Swift pulled out of the contract.

Posted on 07/07/2023

First Mover Americas: Bitcoin Cash Rises More Than 10%

The latest price moves in bitcoin (BTC) and crypto markets in context for July 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Posted on 07/07/2023

Circle Considers Issuing A Stablecoin In Japan Following New Legislation

Payment services company Circle (CRYPTO: USDC) is contemplating the issuance of a stablecoin in Japan, following the recent implementation of legislation governing st ...

Posted on 06/07/2023

How Tom Brady’s Crypto Ambitions Collided With Reality

The superstar quarterback is among the celebrities dealing with the fallout from the crypto crash. Others, like Taylor Swift, escaped.

Posted on 06/07/2023

‘Collapse of the crypto bubble’: Job listings tumble as much as 80% in major U.S. cities

The decline mirrors the troubled times in the industry, which has seen crypto prices drop, prominent companies collapse, and sector leaders outed as scammers. Major U.S. cities from New York to Los ...

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