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Tag: banking

Posted on 04/06/2024

Japan finance minister: Forex intervention had a certain impact

TOKYO: Japan's foreign exchange market intervention in late April and early May had a certain impact, Finance Minister Shunichi Suzuki said on Tuesday. Japanese authorities spent ¥9.79 trillion (US$62 ...

Posted on 04/06/2024

ETFs to Watch on Japan’s First Yen Intervention Since 2022

Japan's Ministry of Finance revealed that the country has conducted its first currency intervention since October 2022, aimed at stabilizing the yen following its decline to a 34-year low in April.

Posted on 04/06/2024

Japan opens national ID to integration with digital wallets

The integration will enable Japanese citizens to add their My Number card to their iPhones and utilize it securely in various scenarios.

Posted on 04/06/2024

Why Accountants Are Now Learning About Bitcoin

Bitcoin is becoming integral to modern finance, and accounting bodies now see it as both an opportunity and a risk.

Posted on 04/06/2024

DMM Bitcoin Says Bitcoin Worth About 48.2 Billion Yen Leaked

DMM Bitcoin Says Bitcoin Worth About 48.2 Billion Yen Leaked TOKYO (Reuters) - Japan's cryptocurrency exchange DMM Bitcoin said on Friday that bitcoin worth about 48.2 billion yen ($308 million) had been leaked. ($1 = 156.6400 yen) (Reporting by Kaori ...

Posted on 04/06/2024

Biden Veto Angers Crypto Industry as It Floods 2024 Election With Cash

The resolution would have repealed the Securities and Exchange Commission’s Staff Accounting Bulletin 121, which sought to force financial institutions that are holding crypto to keep the digital ...

Posted on 04/06/2024

Coinbase donates $25 million to super PAC Fairshake days after Biden vetoes crypto custody bill

Top U.S. cryptocurrency exchange Coinbase has donated a further $25 million to Fairshake’s super PAC, according to a blog post on Monday. The lobbying money, which will bolster the campaigns of crypto ...

Posted on 04/06/2024

Coinbase Gives Another $25 Million to Crypto Super-PAC Fairshake

Coinbase Global Inc., the biggest US cryptocurrency exchange, has given another $25 million to the Fairshake SuperPAC, helping ramp-up donations geared toward electing candidates favorable to digital ...

Posted on 04/06/2024

Crypto funds inflows surpass $15 billion and set new record

May's crypto fund inflows hit $2bn, with the US leading at $130m and Ethereum seeing renewed interest after SEC ETF approval.

Posted on 04/06/2024

Is the latest crypto bill an opening for banks to bypass regulation?

A bill to draw crypto's jurisdictional lines between the Securities and Exchange Commission and the Commodity Futures Trading Commission is pitting increasingly crypto-friendly Democrats against ...

Posted on 04/06/2024

Japan companies to launch $1bn fund for hydrogen supply chains

with an eye on Japan's economic security, Nikkei has learned. The Japan Hydrogen Association -- which counts Iwatani, Sumitomo Mitsui Financial Group and Mitsubishi UFJ Financial Group among its ...

Posted on 04/06/2024

Geopolitical tensions impact Dow, tech stocks remain strong

"That’s why the Dow [Jones Industrial Average], with its industrial stocks, reacted differently than the tech-heavy NASDAQ. While the NASDAQ, with its significant tech holdings like NVIDIA, showed ...

Posted on 04/06/2024

Crypto billionaire Michael Saylor pays $40M to settle DC tax fraud case

Billionaire bitcoin bull and MicroStrategy co-founder Michael Saylor will pay $40 million to settle a lawsuit alleging he committed massive tax fraud by lying to authorities for years about where he ...

Posted on 04/06/2024

Osaka looking forward to next installment of rivalry with Swiatek

Click here to find out more info. WTA/Jimmie48 Courtney Nguyen - WTA Insider As Naomi Osaka slung her bags over her shoulders to walk off Court Phillipe Chatrier, she lifted her head to soak in the ...

Posted on 04/06/2024

Iga Swiatek and Naomi Osaka’s 3-hour French Open thriller left tennis fans in awe

Iga Swiatek, the world’s top-ranked tennis player, and Naomi Osaka might have played one of the most stressful second-round matches at the French Open fans have ever seen, and they loved every ...

Posted on 04/06/2024

Bill Ackman reportedly plans IPO for his Pershing Square hedge fund

The other half of the money will be used in funds that the firm expects to launch. A potential IPO is further off and could happen next year or in 2026, the source said. Ackman’s company is ...

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