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Tag: banking

Posted on 14/04/2022

Crypto firm Tether to further reduce holdings of commercial debt in stablecoin reserves

Stablecoin firm Tether holds short-term corporate debt in its reserves but does not disclose from which companies, raising transparency concerns. ( read original story ...)

Posted on 14/04/2022

Bought crypto or NFTs? Here’s what to know for tax season

Investors should keep track of their crypto and NFT transactions for tax purposes, though there are exceptions. ( read original story ...)

Posted on 14/04/2022

Bank of Japan will not launch CBDC to achieve negative interest rates, representative says

An official has rebuffed that the Bank of Japan (BOJ) was introducing the digital yen as a means to achieve negative interest rates. ( read original story ...)

Posted on 13/04/2022

Nexo and Mastercard launch ‘world first’ crypto-backed payment card

Crypto lender Nexo said it has teamed up with global payments company Mastercard to launch on Wednesday what it calls the world's first "crypto-backed" payment card. ( read original story ...)

Posted on 13/04/2022

Crypto firm hits back at Cathie Wood: ‘I think the market is pretty clear — her position is down 50%’

Ark Invest CEO Cathie Wood took a swipe at Blockchain.com as she spoke about valuations in private and public markets and the plunge in her Coinbase shares. ( read original story ...)

Posted on 13/04/2022

Binance CEO praises ‘pro-crypto’ France as it pursues base there

Binance boss Changpeng Zhao praised France for its "pro-crypto" regulations on Wednesday, as the world's biggest cryptocurrency exchange pursues plans to make Paris its European base. ( read original story ...)

Posted on 13/04/2022

Japan shares higher at close of trade; Nikkei 225 up 1.93%

Japan equities were higher at the close on Wednesday, as gains in the Power, Shipbuilding and Banking sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 gained 1.93%. Advancing ... ( read original story ...)

Posted on 13/04/2022

Japanese yen falls to 20-year low as dollar outlook bright

The Japanese yen weakened past the 126 yen per dollar mark on Wednesday for the first time since 2002, while the euro was pinned at a one-month low as investors bought the U.S. currency after hawkish ... ( read original story ...)

Posted on 13/04/2022

Japan stocks higher at close of trade; Nikkei 225 up 1.93%

Japan stocks were higher after the close on Wednesday, as gains in the Power, Shipbuilding and Banking sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 1.93%. The best performers ... ( read original story ...)

Posted on 13/04/2022

Nikkei sees biggest gain in over 3 weeks after US inflation data

The Nikkei share average ended 1.93% higher at 26,843.49 - the biggest jump since March 22 - and marked a sharp rebound from its near four-week low hit on Tuesday. The broader Topix rose 1.42% to ... ( read original story ...)

Posted on 13/04/2022

Crypto exchanges CoinSwitch Kuber, WazirX disable rupee deposits via UPI

Crypto exchanges CoinSwitch Kuber and WazirX have disabled rupee deposits for the purchase of cryptocurrency using widely-used UPI, spurring their users to voice concern on social media platforms. ( read original story ...)

Posted on 13/04/2022

Justin Bieber, Gwyneth Paltrow and Ashton Kutcher are among dozens of celebrity investors piling into crypto startup MoonPay

MoonPay, which allows users to buy cryptocurrencies using conventional payment methods, is adding more than 60 new celebrity investors to its balance sheet. ( read original story ...)

Posted on 13/04/2022

Nikkei sees biggest gain in over 3 weeks after U.S. inflation data

Japan’s Nikkei closed higher on Wednesday to post its biggest gain in more than three weeks, as U.S. inflation data released overnight largely met analysts’ expectations. We apologize, but this video ... ( read original story ...)

Posted on 13/04/2022

BOJ Won’t Introduce Digital Yen as Means for Negative Rates – Central Bank Official

The Bank of Japan (BOJ) will not introduce a digital yen as a means to achieve negative interest rates, an idea sometimes discussed in academic circles, a senior central bank official said on ... ( read original story ...)

Posted on 13/04/2022

Takeda Announces Completion of Acquisition of Own Shares

Takeda Pharmaceutical Company Limited (TOKYO:4502/NYSE:TAK) ("Takeda") today provided an update on the status and announced the completion of the acquisition of its own shares, which has been carried ... ( read original story ...)

Posted on 13/04/2022

Editorial: Exposing the truth in Moritomo scandal a test for Japanese democratic politics

The Finance Ministry's document tampering scandal over the cut-rate sale of Japanese government-owned land to nationalist private school operator Mori ... ( read original story ...)

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