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Tag: bitcoin

Posted on 09/03/2023

‘Devastating Investor Carnage’—Ex-SEC Offical Issues ‘Inevitable’ Crypto Bank Run Prediction After Huge Bitcoin And Ethereum Price Crash

The former chief of internet enforcement at the U.S. Securities and Exchange Commission (SEC) has predicted FTX rival Binance could see a run on deposits, potentially causing "devastating investor ...

Posted on 09/03/2023

The SEC’s Gary Gensler and other regulators seized control of the crypto debate—this week lawmakers will try to grab it back

Proof of State is the Wednesday edition of Fortune Crypto where Leo Schwartz delivers insider insight on policy and regulation. As anyone who gained their civics education from Schoolhouse Rock should ...

Posted on 09/03/2023

Coinbase is ‘laser-focused’ on growing dev world and onboarding crypto-curious

For crypto exchange giant Coinbase, 2023 is all about getting web3 into new markets and partnerships while onboarding more users into crypto.

Posted on 09/03/2023

City regulator joins Met in raids on suspected crypto ATM operations

Joint investigation with police in London follows similar operartion in Leeds as part of wider crackdown on sector ...

Posted on 09/03/2023

SoftBank-backed OakNorth leans towards U.S. IPO in overseas push

OakNorth is leaning towards the United States for a prospective stock market listing, as the British bank considers ways to grow in the world's largest economy, including securing a local U.S.

Posted on 09/03/2023

Tokyo Shares Close Higher Despite Powell Comments

Tokyo shares closed higher for a fourth straight day on Tuesday, supported by a weaker yen, despite US Fed chair Jerome Powell hinting at fresh rate hikes to fight inflation.

Posted on 08/03/2023

Japan’s ispace to list shares in Tokyo ahead of planned moon landing

Japan's ispace Inc., aiming to be the first commercial company to land a probe on the moon, announced on Wednesday an initial public offering of its shares. The start-up will list 200 million shares ...

Posted on 08/03/2023

Tokyo prosecutors arrest 4 people for tax evasion involving crypto assets

Prosecutors in Tokyo have arrested four people for allegedly evading taxes worth over 2 million dollars on their cryptocurrency gains.

Posted on 08/03/2023

Nikkei ends at 6-month high on weaker yen, hopes for inbound tourism

The Nikkei index ended Wednesday at a six-month high as the yen's weakness against the U.S. dollar spurred hopes for a recovery in Japan's tourism sector through an increase in foreign visitors and ...

Posted on 08/03/2023

Nikkei hits 3-1/2-month high on weaker yen, China optimism

Japan's Nikkei share average climbed to a 3-1/2-month high on Wednesday, rising for a fourth straight session, as a weakening yen buoyed the outlook for exporters. Retailer shares also rallied on ...

Posted on 08/03/2023

Japan Mulls Drones To Deter Rising Chinese Intrusions

Japan is mulling the use of drones for aerial interception missions as the cost of scrambling manned fighter aircraft becomes increasingly unsustain ...

Posted on 08/03/2023

Inflation pressures in Japan are building on a ‘continuous basis,’ says venture capital firm

Kathy Matsui of MPower Partners says if wage inflation continues to rise, the Bank of Japan will probably move toward a path of normalization.

Posted on 08/03/2023

Tokyo Shares Stable Despite Powell Rate Hike Comment

Tokyo shares reversed early losses Wednesday morning, stabilising swiftly despite US Federal Reserve chair Jerome Powell hinting at fresh rate hikes to fight inflation.

Posted on 08/03/2023

Japan Overall Bank Lending Rises 3.3% On Year In February

Overall bank lending in Japan was up 3.3 percent on year in February, the Bank of Japan said on Wednesday - coming in at 598.927 ...

Posted on 08/03/2023

Asia-Pacific markets poised for a tumble as Powell hints higher rate hikes

Asia-Pacific shares are set for a tumble on Wednesday after Jerome Powell cautioned that interest rates may need to be higher than the central bank expected.

Posted on 08/03/2023

Japan logs record current account deficit of $14 billion in Jan.

Japan posted a record current account deficit of 1.98 trillion yen ($14 billion) in January, the Finance Ministry said Wednesday.

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