TOKYO, Sept 5 (Reuters) - Japan’s government ministries have requested a record 114.3 trillion yen ($778.40 billion) for next fiscal year’s budget, the finance ministry said on Tuesday, with rising ...
Cryptoverse: Venture capital still haunted by crypto chaos
Crypto investors remain haunted by the chaos that descended on the sector last year when the implosion of the FTX exchange and other major firms, including hedge fund Three Arrows Capital, sent ...
Kotani gets $2M pre-seed to help African workers send money home via crypto — without the internet
Of the many lofty promises of cryptocurrency, one of the most commendable ones is its potential to bring financial inclusion to underserved users. Nairobi-based Kotani Pay is a crypto payments startup ...
Crypto Casino Stake.com Allegedly Hit By $40M Security Breach — Here’s What Happened
Stake.com, an online casino and sportsbook founded in 2017 by Bijan Tehrani and Ed Craven, has recently become the target of an alleged security breach, purportedly resulting in a loss of around $40 ...
Japan Services PMI unchanged at 54.3 in August
The au Jibun Bank Japan Services PMI stood at 54.3 in August 2023, unchanged from a preliminary reading, and after a final 53.8 in July.It was the 12th consecutive month of growth ...
Japanese shares retreat from highs as traders lock in profits; JFE slides
TOKYO, Sept 5 (Reuters) - Japanese stocks retreated after reaching fresh highs on Tuesday, as the breaching of key levels spurred traders to lock in profits, while speculation about new share sales ...
Demand for Japan’s Faltering Bonds to Be Tested in Key Auctions
The debt offerings come as investors watch how much the Bank of Japan is willing to let benchmark yields rise after tweaking its yield curve control program in late July. Traders are looking for signs ...
Japan Nearing Comprehensive Cryptocurrency Tax Reform
The persistent concern of urging the government to continually evaluate the imposition of year-end mark-to-market taxation on“crypto assets held by third parties” has been an issue for a long time.
The City must not miss out on crypto
The initial moves are likely to made in Dubai, Singapore or Abu Dhabi, but there’s a chance for London to grab global leadership ...
More Than Anything Else, Crypto Communities Matter
Bitcoin was the first crypto project to leverage the power of its community to achieve global success, laying the framework for others to follow in its wake. Nowadays, an entirely new generation of ...
Former MAS chair who called crypto ‘highly risky’ wins Singapore’s presidential race
The president-elect reportedly once called crypto assets “highly volatile” and “highly risky as investment products” in 2021 warnings to Singapore-based users in his role as MAS chair. The financial ...
2 New Crypto Presale Projects To Watch As Market Slumps – New Cryptos Launching Soon
Sonik Coin positions itself as the first ‘stake-2-speed’ meme cryptocurrency, aiming for a rapid ascent to a $100 million market cap. In its current presale phase, $SONIK is priced at just $0.000014 ...
Crypto ETF Opportunity Doesn’t Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein
“The crypto ETF opportunity won’t stop at just bitcoin (BTC), but will extend into multiple crypto assets,” analysts led by Gautam Chhugani wrote. The industry will get its first spot bitcoin ETF some ...
Singapore’s New President, a Former Central Bank Chairman, Has Called Crypto ‘Slightly Crazy’
The 66-year-old has called crypto "purely speculative" and "slightly crazy." Tharman Shanmugaratnam, the former Singapore finance minister and central bank chairman who has called crypto "purely ...
The 5 Best Crypto To Buy In September 2023 – Bitcoin’s Worst Month
As of today, September 4, Bitcoin is currently priced at $25,857, with a market capitalization of $504.35 billion. This marks a noteworthy recovery since December 2022 when it dipped to $17,000.
Softbank Targets Over $50B Valuation for ARM’s IPO
SoftBank Group (OTCMKTS:SFTBY) is targeting a valuation of between $50 and $54 billion for the initial public offering (IPO) of Arm Ltd. The ...