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Tag: banking

Posted on 09/10/2024

Japan stocks lower at close of trade; Nikkei 225 down 1.26%

Japan stocks were lower after the close on Tuesday, as losses in the Transportation Equipment, Precision Instruments and Railway & Bus sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 1.

Posted on 09/10/2024

Japan’s New Economy Minister Shows Tolerance for Further Rate Increases

Ryosei Akazawa, the minister in charge of economic revitalization, showed tolerance for gradual monetary tightening by the Bank of Japan as long as it doesn’t ruin the nation’s efforts to defeat ...

Posted on 09/10/2024

Crypto.com Sues SEC To Fight Gary Gensler’s Ongoing Crypto Crackdown

Crypto.com takes legal action against the SEC, challenging Gary Gensler’s aggressive crypto enforcement and aiming to protect the future of digital assets in the U.S.

Posted on 09/10/2024

Crypto.com sues SEC, challenging its jurisdiction over digital assets

The bold move gained the support of the crypto community, which has long railed against the federal agency's "regulation by enforcement." ...

Posted on 09/10/2024

California lawyer ordered to pay $14 million over crypto Ponzi scheme

An 86-year-old, disbarred California attorney has been sentenced to five years of probation for his role in a $9.5 million cryptocurrency Ponzi scheme.

Posted on 09/10/2024

Japan’s Metaplanet buys $7M Bitcoin, now holds to $40.5M BTC

Japan-based investment firm Metaplanet has made yet another significant acquisition of Bitcoin, boosting its holdings to a total of 639.5 BTC, ...

Posted on 09/10/2024

Cardano Founder Charles Hoskinson: Japan To Become Asia’s Crypto Leader if US Makes First Move

Cardano founder believes the upcoming U.S. election could be a deciding factor in Japan’s crypto adoption. Japan was among the earliest crypto adopters, but its ...

Posted on 09/10/2024

Crypto advocates challenge Elizabeth Warren’s stance on digital currency

The future of finance hangs in the balance as crypto proponents debate traditional institutions' resistance, spotlighting issues of control and transparency.

Posted on 09/10/2024

GE Vernova Turbines Part of Upgrade at Japan Gas-Fired Power Plant

The Nanko Power Plant in Osaka, Japan, will be upgraded with new gas turbines from GE Vernova. The 1,800-MW station, which was commissioned in late 1990, is replacing three boilers […] ...

Posted on 08/10/2024

Crypto Is Pouring Cash Into the 2024 Elections. Will It Pay Off?

So far the industry has poured $119 million into elections across the U.S. in 2024, accounting for nearly half of all corporate political contributions this cycle, according to the nonprofit Public ...

Posted on 08/10/2024

ChatGPT Crypto Forecast: Dogecoin, RCO Finance, and the XRP Price Will Dominate in 2025, not Bitcoin or Solana

In an unexpected twist, this ChatGPT forecast indicates that DOGE, XRP, and RCO Finance will dominate 2025, outshining giants like Bitcoin and Solana.

Posted on 08/10/2024

Mark Cuban Slams Gary Gensler For Making Crypto Regulations ‘So Difficult:’ ‘If He Had Followed The Same Rules That Japan Did, FTX Would Still Be In Business’

Billionaire investor Mark Cuban has voiced strong criticism against Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), for making overly complex regulations for ...

Posted on 08/10/2024

Bitcoin Price Prediction: Japan’s MicroStrategy Buys More BTC As Experts Say This Might Be The Best Crypto To Buy Now

The bulls aim to use this pattern to propel the price of Bitcoin even further above as it approaches the immediate resistance on the 200-day Simple Moving Average (SMA) at $63,569. BTC price now being ...

Posted on 08/10/2024

Ex-Japan city assembly member gets 10-yr prison sentence over $1.97 mil. COVID loan fraud

A former city assembly member in Japan was sentenced to 10 years in prison and ordered to pay 198 million yen (about $1.34 million) in surc・・・ ...

Posted on 08/10/2024

Japan’s corporate governance reform has ‘only just begun,’ says TSE chief

"Corporate governance reform has only just begun," Hiromi Yamaji, CEO of Japan Exchange Group, which owns the TSE, said at the Frontiers of International Finance symposium hosted by Nikkei.

Posted on 08/10/2024

Japan’s new finance minister vows to finish the job as deflation czar

“I will put every effort into getting Japan out of deflation,” said Finance Minister Katsunobu Kato, who is also the minister charged with battling deflation.

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