As part of its defense, Shinsei plans to issue new shares to existing shareholders to dilute SBI's shareholdings, a tactic known as a poison pill. ( read original story ...)
Hong Kong shares lead Asia lower; Tokyo and Shanghai closed
Shares fell more than 3% in Hong Kong on Monday in holiday-thinned trading in Asia, with other big markets in Tokyo and Shanghai closed. Other regional benchmarks also fell after Wall Street wrapped ... ( read original story ...)
Using Fog to Suppress Dust: An Effective but Affordable Approach to Dust Control
IKEUCHI & CO., LTD., a leading manufacturer of industrial spray nozzles, headquartered in Japan, has begun full-scale sales of effective but affordable dust suppression systems that capture airborne ... ( read original story ...)
Cracks in the crypto utopia: How a surge of scams is exposing DeFi’s dark side
Crypto evangelists often tout decentralized finance as being a superior alternative to traditional banking, but ditching the middleman does have some downsides. ( read original story ...)
FTX’s Bankman-Fried on Crypto Regulation, Solana Meltdown, NFTs
U.S. regulators flexed their might. One of the most-hyped blockchains broke, kind of. And an insider trading scandal emerged in non-fungible tokens. ( read original story ...)
Japan must avoid stifling innovation in regulating stable coins, says govt panel member
Latest financial technology news, fintech news, fin tech news, open banking news, banking news, blogs opinion, analysis on Fintech Zoom. ( read original story ...)
LDP’s Noda calls for reinvestigation of scandal related to ex-PM Abe
Liberal Democratic Party lawmaker Seiko Noda on Sept. 17 called for a reinvestigation into the controversial issue of document tampering at the Finance Ministry related to favoritism allegations ... ( read original story ...)
Japan unveils new 10,000-yen note for 2024
Japan's new 10,000-yen note, with a change in imagery and increased anti-counterfeiting security measures, is in print, though only for money handling devices. Circulation begins in 2024. ( read original story ...)
UPDATE 1-Japan PM candidates deny toning down views on nuclear, gender issues to attract votes
Two leading candidates to become Japan's next prime minister denied on Saturday that they had toned down their stances on nuclear energy and gender issues to attract conservative backing in a tight ... ( read original story ...)
Survey: most Japanese companies predict recovery in 2021
A survey by Reuters found that most Japanese companies believe the recovery of the country economy has reached the stage before the pandemic struck ... ( read original story ...)
‘Trillions Of Dollars’—Kevin O’Leary Reveals Massive Bitcoin Price Prediction And Crypto Plan
Celebrity investor and Shark Tank star Kevin O’Leary has said he expects "another trillion dollars worth of buying" into ... ( read original story ...)
US states clamp down on crypto yield products from Celsius Network
Authorities in New Jersey and Texas are pursuing actions against cryptocurrency group Celsius Network for allegedly offering unregistered securities, as regulators crack down on issuers of digital ... ( read original story ...)
US gears up for sanctions on crypto ransomware payments, report says
Sanctions could be announced early as next week, reports The Wall Street Journal. As early as next week, the Biden administration will announce new measures, including sanctions, that will make it ... ( read original story ...)
Biden Administration Reportedly Plans ‘Sanctions’ to Combat Crypto’s Role in Ransomware Attacks—Whatever That Means
The White House has communicated to the U.S. Treasury that it should implement a number of strategies to assist in the crackdown on extortionist hackers. ( read original story ...)
Noda calls for reinvestigation of document tampering scandal
But Kono said the government must squarely face "the pain of those involved," in reference to the family of Toshio Akagi, an employee of the Kinki Local Finance Bureau in Osaka who killed himself in ... ( read original story ...)
Here’s what leaders at Coinbase, FTX, BlockFi and other crypto companies are saying about regulation
The CFTC has been much faster to weigh in and offer guidance and thoughts...I think there's been some criticism of the SEC, " said Sydney Schaub, ... ( read original story ...)