Tag: banking

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 ...)

Britain’s financial watchdog has banned the sale of cryptocurrency derivatives, saying they have no value for ordinary investors. ( read original story ...)

The FCA will prohibit the sale or marketing of financial instruments linked to cryptoassets, such as bitcoin, from January 6. ( read original story ...)

(Bloomberg) -- In a couple of years, Japan will be paying the highest rates in the world to incumbent power utilities simply for maintaining generation capacity, including coal and nuclear plants, to ... ( read original story ...)

Japan's Kioxia Holdings Corp is looking to list its shares on the Tokyo Stock Exchange as early as December, the Nikkan Kogyo newspaper reported on Tuesday, after it shelved those plans last week ... ( read original story ...)

Japan plan to conduct stress tests on its five major financial institutions this year that look into how the coronavirus pandemic could affect their earnings and capital, the central bank said on ... ( read original story ...)

Fintech is becoming a fast-growing industry in the world today. The term is an amalgamation of the words “Finance” and “Technology” and it is associated with any business that uses technology to ... ( read original story ...)

Cybersecurity entrepreneur and crypto personality John McAfee’s wild ride could be coming to an end after he was arrested in Spain today, now facing extradition to the US over charges spanning tax ... ( read original story ...)

The Crypto for Congress initiative has launched. All members of Congress will be given bitcoin as campaign contributions to help them learn about cryptocurrency. The initiative is supported by ... ( read original story ...)

Japan's Kioxia Holdings Corp is looking to list its shares on the Tokyo Stock Exchange as early as December, the Nikkan Kogyo newspaper reported on Tuesday, after it shelved those plans last week ... ( read original story ...)

China has raised its purchases of Japanese government bonds to the highest level in three and a half years, in an apparent effort to reap greater yields on Beijing's massive reserves of foreign ... ( read original story ...)

Last week justice came to two companies that had been swindled out of millions of dollars that had been earmarked to buy bitcoin. ( read original story ...)

The coronavirus pandemic has fundamentally changed the way the world works, disrupting the status quo and greatly accelerating emerging trends. Cryptocurrencies, including bitcoin, are being looked to ... ( read original story ...)

Japan’s NEC Corporation is acquiring Switzerland-based banking and wealth management technology group Avaloq in a deal expected to be worth SFr2.05 billion ($2.23 billion), and due to complete by ... ( read original story ...)

Bank of Japan Governor Haruhiko Kuroda said on Monday (Oct 5) uncertainty over the country's economic and price outlook remained "very ... ( read original story ...)

The whole crypto sphere was shaken by the news which embarked on a huge bitcoin selloff. The flagship coin dipped to $10,400 then recovered to $10,600 when the dust settled. Last month, Bitcoin miners ... ( read original story ...)