KuCoin is partially restoring crypto withdrawals after a major hack. The KuCoin cryptocurrency exchange is partly restoring deposits and withdrawals following a major hack. As KuCoin officially ... ( read original story ...)
HK stocks rise ahead of Ant Group IPO, defy U.S. stimulus gloom
Hong Kong shares edged higher on Wednesday, shrugging off a weaker finish in Wall Street after U.S. President Donald Trump halted stimulus negotiations with lawmakers, with investors focusing on the ... ( read original story ...)
Japanese Bank Mizuho to Let Employees Work Shorter Weeks
Mizuho Financial Group Inc. plans to allow staff to work three or four days a week on reduced pay, as the Japanese bank assesses what post-pandemic working life will look like. ( read original story ...)
Japan’s NTT Eyes Asset Sales After $40 Billion Docomo Buyout
It gave investors a chance to bet on the fast-growing sector, while Docomo executives went on a buying spree overseas, using the influx of cash to extend Japan’s then-lead in mobile services to the ... ( read original story ...)
75 crypto exchanges have closed down so far in 2020
As least 75 crypto exchanges have closed down due hacks, exit scams or simply disappeared for unknown reasons so far this year. According to the Crypto Wisser Exchange Graveyard five of the exchanges, ... ( read original story ...)
Japan regional bank mergers should and will happen: CreditSights
Pramod Shenoi from CreditSights says mergers among the regional banks in Japan are overdue due to cost pressure. He doesn't expect bigger banks acquiring small players as they would likely steer clear ... ( read original story ...)
Tokyo stocks open lower, extending falls on Wall Street
Tokyo stocks opened lower on Wednesday tracking falls on Wall Street after US President Donald Trump called off talks on a new stimulus plan until after the election. The benchmark Nikkei 225 index ... ( read original story ...)
These 3 Trends Are Driving Crypto Market Growth Now
The latest CoinDesk Quarterly Review looks at some of the main drivers of crypto market evolution including DeF, derivatives and stablecoins. ( read original story ...)
Blockchain Bites: FCA’s Crypto Crackdown, McAfee’s Charges, Ethereum’s Store of Value
Ethereum’s past, present and future. Every day until the event the team behind Blockchain Bites will dive into an aspect of Ethereum that excites or confuses us. The shakedown of bitcoin ... ( read original story ...)
Japan Unveils Record $52 Billion Military Budget (Thanks to China and North Korea)
Japan's government hasn't been silent about noting that it has felt threatened by China's vast military resources, which come amidst territorial disputes, as well as an ever-unpredictable North Korea. ( read original story ...)
One Step Forward, Two Steps Back For Corporate Governance In Japan
Japan Inc. has always been embroiled in scandals surrounding corporate governance; however, that trend seemed to be on the reverse. ( read original story ...)
Crypto derivatives for retail investors banned by UK regulator
The UK’s financial regulator has banned the sale of cryptocurrency-related derivatives to retail consumers, saying the underlying assets had “no reliable basis for valuation”. After concluding a ... ( read original story ...)
U.K. FCA Bans Sale of Crypto-Derivatives to Retail Investors
Britain’s financial watchdog has banned the sale of cryptocurrency derivatives, saying they have no value for ordinary investors. ( read original story ...)
The UK’s financial regulator bans crypto-based products for retail investors after a year-long review
These products are "ill-suited" to retail consumers as they risk losing a lot of money due to difficulties in valuing cryptoassets, the FCA said. ( read original story ...)
U.K.’s FCA Bans Sale of Crypto-Derivatives to Retail Consumers
Britain’s financial watchdog has banned the sale of cryptocurrency derivatives, saying they have no value for ordinary investors. ( read original story ...)
City watchdog bans crypto-derivatives to save investors from £53m in losses
The FCA will prohibit the sale or marketing of financial instruments linked to cryptoassets, such as bitcoin, from January 6. ( read original story ...)