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Tag: banking

Posted on 23/12/2022

Japan to unveil record $864 bln budget driven by military costs

Japan is set to unveil on Friday a record $864 billion budget for the next fiscal year from April, pushed up by increased military spending and higher social security costs for a fast-ageing ...

Posted on 23/12/2022

Japan’s Nov core consumer inflation hits fresh 40-year high

People make their way at Ameyoko shopping district in Tokyo, Japan, May 20, 2022. REUTERS/Kim Kyung-Hoon ...

Posted on 23/12/2022

Asia-Pacific shares trade lower as Japan inflation marks 40-year high

Asia-Pacific shares traded lower, following Wall Street's losses as investors looked ahead to some economic data in the region.

Posted on 23/12/2022

Pro women’s tennis players, golfers top Forbes’ list of highest-paid female athletes

Led by Naomi Osaka and Serena Williams, women's pro tennis players and golfers are cashing in, totaling nearly $224 million in earnings in 2022.

Posted on 23/12/2022

Even After FTX, S.E.C. Chair Sees No Need for New Crypto Laws

The Securities and Exchange Commission chair, Gary Gensler, said existing rules were adequate but warned crypto issuers and exchanges on compliance.

Posted on 23/12/2022

With FTX debacle, ‘the crypto bubble has now imploded’ -CIO

STORY: Federal prosecutors in Manhattan have accused Bankman-Fried of stealing billions of dollars in FTX customer funds to plug losses at his hedge fund, Alameda Research.Bankman-Fried was not asked ...

Posted on 23/12/2022

Crypto Price Check: Ghosts of Crypto Haunt Battered Sector

Cryptocurrency investors have been pounded by a series of setbacks and scandals, including most recently--and most spectacularly--the collapse of the FTX crypto exchange. Founder Sam Bankman-Fried, ...

Posted on 23/12/2022

Year-End Tax Tips After Crypto’s Dismal 2022

It has been a rough 2022 for cryptocurrency holders who had to face the collapse of luna and its associated stablecoin terraUSD, the meltdown of several digital-asset exchanges, and a brutal financial ...

Posted on 23/12/2022

FTX Case May Bring SEC One Step Closer To Banning Crypto Exchanges

On Wednesday, the SEC announced charges against two key allies of disgraced FTX founder Sam Bankman-Fried: Caroline Ellison, former CEO of FTX’s affiliate trading firm Alameda Research, and Gary Wang, ...

Posted on 23/12/2022

SEC’s Crypto Crackdown Is Just Getting Started After FTX Blowup

The US Securities and Exchange Commission is just getting started with its crackdown on crypto firms that refuse to abide by its rules.

Posted on 23/12/2022

BOE Says Crypto Market Is Too Dangerous to Remain Unregulated

The Bank of England said it plans to step up its effort to regulate trading in digital currencies, after the collapse of the exchange FTX underscored the dangers the industry poses to consumers.

Posted on 23/12/2022

Android Malware ‘Godfather’ Targets Users of 400 Banks, Crypto Exchanges

The malware generates fake login screens that appear on top of legitimate banking and crypto exchange apps' login forms, stealing victims' passwords.

Posted on 23/12/2022

Artist Royalties Are Among ‘Most Compelling Features of Crypto’: Zora Co-Founder

Jacob Horne expressed concern about the NFT market heading toward zero-royalties on the latest episode of the gm podcast.

Posted on 23/12/2022

Brazil Gets Crypto-Trading Ground Rules as Bolsonaro Signs Law

Lawmaker Expedito Netto, the bill’s rapporteur in the lower house, said in late November that the proposal had the backing of both the current Bolsonaro government and the incoming administration of Luiz Inacio Lula da Silva,

Posted on 23/12/2022

Crypto Market May See Renewed Volatility as Whales Begin to Accumulate Bitcoin

Calm waters do not last long in bitcoin, so be prepared for a sharp move here shortly, one observer said, referring to the cryptocurrency's ultra-low historical or realized price volatility.

Posted on 23/12/2022

Japan Finance Minister Suzuki: G7 agreed to work together to back Ukraine

The Group of Seven (G7) financial leaders agreed on Thursday that the group would work in unity to continue to support Ukraine, Japanese Finance Minister Shunichi Suzuki said. "Japan stands ready to ...

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