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Category: FINANCE

Posted on 09/06/2023

Japan, South Korea may discuss FX swap deal, cautious views linger

Japan and South Korea may discuss this month the fate of a bilateral currency swap arrangement that expired years ago, Finance Minister Shunichi Suzuki said on Friday, while some officials expressed ...

Posted on 09/06/2023

Crypto’s Quiet Gains: Ownership Climbs Despite Crash in Prices

Data on who owns the asset class suggest it has staying power.

Posted on 09/06/2023

Editorial: Bit by bit: Regulators properly target out-of-control crypto companies

With lawsuits against Binance and Coinbase, the Securities and Exchange Commission has targeted some of the largest remaining players in the crypto space, accusing the former of outright fraud and misuse of funds and the latter of failing to register as a securities broker.

Posted on 09/06/2023

Gary Gensler reaffirms that most crypto tokens are securities—Counters Claims of Insufficient Notice for Crypto Exchanges

Chair Gary Gary Gensler reaffirms that most crypto tokens are securities. Gensler’s remarks came in response to claims that the SEC had failed to provide adequate “fair notice” to the industry, ...

Posted on 09/06/2023

Crypto Crackdown: The SEC vs. Coinbase & Binance

Trade the Chain executives discuss SEC's escalating regulation of cryptocurrencies and its impact on Coinbase and Binance.

Posted on 09/06/2023

Japan’s retail investors caught out by Nikkei’s breakout rally

Nikkei stages unusually long rise after hitting 33-year high * Four "double inverse" ETFs at record lows * Local investors in double inverse ETFs caught in negative spiral By Junko Fujita TOKYO, June ...

Posted on 09/06/2023

Nikkei 225 Set for Nine-Week Gain in Longest Advance Since 2017

Japan’s blue-chip equity gauge is set to complete a nine-week advance that would be its longest winning streak in more than five years.

Posted on 09/06/2023

Why Gary Gensler Is Wrong About Crypto + On Demand Video Replay Of Subscriber Webinar

Here is a replay of the subscriber-only webinar on Wednesday, plus my thoughts on what to make on the belief that SEC Chair Gary Gensler is seeking to stamp out crypto.

Posted on 09/06/2023

Japanese investors plan to sue MUFG unit over Credit Suisse bonds – Nikkei

A group of Japanese investors are planning to file lawsuits against some brokerages based in the country, including Mitsubishi UFJ Morgan Stanley Securities, over their sale of AT1 bonds issued by ...

Posted on 09/06/2023

Japan’s Nikkei rebounds as special quotation price gets fixed

TOKYO, June 9 (Reuters) - Japan's Nikkei share average rose on Friday after declining for two sessions from a 33-year peak, as fixing of the special quotation price relieved investors. The Nikkei ...

Posted on 09/06/2023

INTERVIEW: Lessons from Osaka: ‘Vital for Zim to hold credible elections’

Credible elections and a democratically-elected government are vital for Zimbabwe’s sustainable development. Zimbabwe last year announced that it will take part in the Osaka, Japan World Expo 2025.

Posted on 09/06/2023

SEC Chair Gensler says crypto frenzy is rife with ‘hucksters, fraudsters, scam artists’

The chairman of the Securities and Exchange Commission said that most crypto tokens are securities and are under the purview of the regulatory agency.

Posted on 09/06/2023

Bitcoin price races toward $27K, but a swift recovery is not confirmed by market data

Bitcoin derivatives markets indicate a low probability of the BTC price breaking above $27,500 in the short-to-medium term. In other words, Bitcoin’s market structure is bearish, so a $25,500 support ...

Posted on 09/06/2023

SEC Chair Tells Crypto Startups: You’re Subject to Securities Law

Days after taking action against Binance and Coinbase, Gary Gensler firms up his stance, likening noncompliant crypto companies to "hucksters" and "scam artists" of the Roaring '20s.

Posted on 09/06/2023

The SEC comes for the crypto bros and the backlash over the PGA Tour-Liv Golf deal

CNN’s Allison Morrow tells “Nightcap’s” Jon Sarlin why the SEC is going after two of the world’s biggest crypto enterprises. Plus, USA Today’s Christine Brennan describes the outrage over the PGA Tour-Liv Golf deal.

Posted on 09/06/2023

FTX’s US Judge Vows to Keep Control of Crypto in Blow to Bahamas

The federal judge overseeing the bankrupt crypto firm FTX vowed to retain control over $7.3 billion in disputed assets, a potential setback for liquidators in the Bahamas seeking to claim to some of the money as part of a separate insolvency case on the island nation.

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