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Category: FINANCE

Posted on 21/06/2023

Bitcoin Jumps as Traditional Firms Tap Crypto

Bitcoin continues to rally, with analysts citing recent moves by traditional financial firms to tap the crypto market as a bet on the industry. BlackRock has [filed paperwork](

Posted on 21/06/2023

Crypto Sites Are Naming Fake Dispute Resolution Organizations: Canada’s Securities Regulator

The Canadian Securities Administrators (CSA), an umbrella organization of Canada's provincial and territorial securities regulators, is warning

Posted on 21/06/2023

Tokyo Shares Rebound With Focus On Fed

Tokyo stocks shed earlier losses and ended higher Wednesday, despite fears of overheating, while investors awaited speeches by US Federal Reserve officials.

Posted on 21/06/2023

Bank of Japan’s Adachi says it’s premature to tweak ultra-loose policy

A downturn in the US economy would significantly hurt Japan’s economy and weigh on prices, said Bank of Japan (BOJ) board member Seiji Adachi. Read more at straitstimes.com.

Posted on 21/06/2023

Bitcoin Hits a Six-Week High as Financial Titans Step Up Crypto Initiatives

Bitcoin climbed to the highest level since early May, buoyed by crypto initiatives involving major players from the traditional financial sector.The largest digital asset rose as much as 3% and traded ...

Posted on 21/06/2023

Japan’s Nikkei rises on dip-buying; SoftBank Group leads gains

Japan's Nikkei share average recovered from early losses to rise on Wednesday as investors bought stocks on dips, with SoftBank Group and chip-related shares leading the gain.

Posted on 21/06/2023

Japan finance minister says no change in foreign-exchange policy after US report

Japan's currency policy won't immediately change after the United States removed the country from its monitoring list, Finance Minister Shunichi Suzuki said on Tuesday, noting that the move came in ...

Posted on 21/06/2023

Japan watching forex moves closely amid yen’s fall, finance chief says

Finance Minister Shunichi Suzuki said the country will maintain close communication with the United States and other nations, and take "appropriate" steps regarding currency policy.

Posted on 21/06/2023

Buffett adds to his holdings of Japanese trading houses

Billionaire investor Warren Buffett's Berkshire Hathaway said on Monday it added to holdings in Japan's five biggest trading houses, likely underpinning strong momentum propelling the nation's stock ...

Posted on 21/06/2023

Japan’s central bank says easing should be maintained

Bank of Japan's Board said several of its members expressed the belief that the current monetary policy easing should be maintained in order to achieve price stability target in a ...

Posted on 21/06/2023

Asia markets set to fall as Wall Street rally cools from last week

Asia markets start Tuesday lower, mirroring moves on Wall Street as it came back from the Juneteenth public holiday ...

Posted on 21/06/2023

SEC director says “nothing has changed” for enforcement even as the crypto industry rumbles

The SEC’s director of enforcement, Gurbir Grewal, says the regulator is not concerned with labels or technology, but with what's underneath.

Posted on 21/06/2023

Japan’s Crypto Exchanges Rally for 10x Leverage on Margin Trading: Bloomberg

Japan's crypto assets exchanges want to offer up to 10 times leverage. This move will attract more traders, including institutional investors ...

Posted on 21/06/2023

Bitcoin hits new high for June as more financial incumbents signal commitment to crypto

Bitcoin climbed on Monday as financial institutions continued to give their bitcoin blessing after BlackRock filed for a spot bitcoin ETF last week.

Posted on 21/06/2023

Crypto fugitive Do Kwon sentenced to four months in Montenegro

Kwon Do-hyeong, also known as Do Kwon, the disgraced former crypto boss who is wanted in the United States and South Korea on fraud and other charges, has been sentenced to four months in prison in Montenegro.

Posted on 21/06/2023

Roundup: Japan’s Nikkei ends fractionally higher amid ongoing profit-taking

Japan's benchmark Nikkei stock index closed fractionally higher Tuesday as investors continued to book profits following the market's recent string of 33-year closing highs, although trade was directionless ahead of U.

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