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Tag: banking

Posted on 06/03/2025

South Korea inches closer to Bitcoin ETF decision, looks to Japan as example

South Korea is reportedly inching closer to a decision on spot Bitcoin ETFs while eyeing the recent shift in tone toward digital assets in Japan.

Posted on 06/03/2025

‘Regulatory clarity we haven’t seen in 10 years’—ABC Labs CEO on SEC dropping crypto cases

Regulatory shifts, including dropped SEC lawsuits and the repeal of SAB 121, are paving the way for greater crypto adoption by traditional financial institutions, says ABC Labs CEO Thomas Mattimore.

Posted on 06/03/2025

Japan rejects Trump’s claim that Tokyo devalues yen

It is not that there have never been discrepancies between what (Trump) said yesterday and today,’ says Japanese prime minister - Anadolu Ajansı ...

Posted on 06/03/2025

The SEC’s ‘Crypto Mom’ defends decision to drop lawsuits: ‘Our law is not supposed to be a game of gotcha’

In an interview with Fortune, Republican SEC commissioner and so-called 'Crypto Mom’ Hester Peirce touted the agency’s new approach to overseeing the blockchain industry, incl

Posted on 05/03/2025

Trump’s Crypto Advisers Weigh Paths to a National Stockpile

The president wants to build a federal cryptocurrency reserve. His subordinates are starting by counting up crypto the government already holds.

Posted on 05/03/2025

Metaplanet stock jumps 19% as it buys the dip with 497 Bitcoin purchase

Metaplanet CEO Simon Gerovich said in a March 5 X post that the firm bought 497 Bitcoin ( BTC) at around $88,448 per coin for a total spend of $43.9 million. He added the company has achieved a ...

Posted on 05/03/2025

Bank of Japan deputy governor Uchida vows to keep raising interest rates

SHIZUOKA - Bank of Japan (BOJ) Deputy Governor Shinichi Uchida said the central bank can proceed with interest rate hikes at a pace in line with market expectations, keeping alive views that there is ...

Posted on 05/03/2025

$1.4 Billion In Stolen Crypto From Bybit Hack Is Not Coming Back

Hackers who managed to run off with $1.4 billion in stolen Ethereum from the Bybit exchange have already converted most of the funds into Bitcoin. That is according to experts at several blockchain ...

Posted on 05/03/2025

Trump’s White House crypto summit could be a turning point for U.S. policy, experts say

"There needs to be clear regulatory action for projects to change their current strategies to really open the U.S. market," one expert said.

Posted on 05/03/2025

Japan’s service activity marks fastest growth in six months, PMI shows

Japan's service activity marked the fastest growth in six months in February, backed by strong sales and new export businesses, a private-sector survey showed on Wednesday. The service sector has been ...

Posted on 05/03/2025

Japan’s Sumitomo Mitsui exits from global climate coalition for banks

Sumitomo Mitsui Financial Group Inc. has left a global climate coalition for banks, an official of the Japanese megabank said Tuesday ...

Posted on 05/03/2025

The crypto industry got what it paid for

How do you say with a straight face that the government needs an XRP stockpile?

Posted on 05/03/2025

How North Korea cracked Bybit’s crypto safe to steal $1.5 billion in a record heist

North Korean hackers lay in wait for “probably many months." Here is a step by step guide to how they pulled off the robbery.

Posted on 05/03/2025

Lone Star Funds finalizes $4B deal for specialty chemicals company

Lone Star Funds acquired the company in 2021 and claims it realized "a significant profit after only three years of ownership." ...

Posted on 05/03/2025

Nikkei 225 Outlook: Negative Sentiment Overshadows Positive Fundamentals

The Nikkei 225 has broken below its 200-day moving average, now acting as key medium-term pivotal resistance at 38,520. In addition, the condition of the daily RSI momentum indicator remains bearish, as it has not hit its oversold level (see Fig 3).

Posted on 05/03/2025

Ex-bank official held in another case of safe-deposit theft in Japan

A former top official of a credit union in Japan's Yokohama has been arrested on suspicion of having stolen more than 600 million ...

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