Traders are scurrying to hedge against potential gains in the yen, spurred by fears of intervention and uncertainty surrounding next week’s Bank of Japan policy meeting.Most Read from BloombergAdobe ...
Japan’s fintech funding on track to extend four year decline streak in 2022
The $300m in funding secured in H1 was less than half of 2021’s full-year investment value. Funding to Japanese financial technology (fintech) firms is on track to halve in 2022, extending the ...
Can ‘the Merge’ Save Crypto?
Many fans think it will. But it might end up creating some new problems.
What’s next for the sinking yen as Japan hints at intervention? Here’s what the pros say
The yen has fallen sharply against the dollar this year. Will intervention work and how is the dollar-yen likely to trade? The pros shares their views.
Coinbase Launches Pro-Crypto Politician Identifier After Banning Talk of Politics
The crypto exchange wants to make sure its users know which politicians are crypto-friendly heading into the midterms.
Crypto Price Check: The Merge Comes in Like a Lamb As Ether Slides
It's D-Day in the crypto world. The highly-anticipated update of the ethereum platform-- known as The Merge -- finally arrived on Sept. 15 after many years of speculation and preparations. The change ...
Global Banks Drawn Into Japan’s Structured Bond Crackdown
Japan’s financial watchdog plans to examine how global investment banks sell controversial structured bonds in the country, according to people with knowledge of the matter, a sign that a crackdown on ...
Crypto Unit of Japan’s SBI Wins Capital Markets License in Singapore
SBI Digital Markets, a subsidiary of the digital asset arm of SBI Holdings, can now offer crypto securities and derivatives trading services to Singapore customers.
A New Crypto Era Begins After the Success of the Merge
It's a new day dawning in the crypto industry. A new era is starting for this young industry after the success of the historical software update of Ethereum, the second blockchain after Bitcoin. This ...
Japan’s opposition leader calls for more fiscal stimulus, not rate hike to cope with weak yen
In an interview with Reuters, Yuichiro Tamaki, the head of Japan’s Democratic Party for the People suggested that the government needs to roll out more fiscal stimulus instead of hiking policy rates ...
Crypto: What Does the Merge Change for Ordinary Users
The Merge is also supposed to reduce transaction fees on Ethereum, or gas fees according to the vocabulary of insiders. This same update should also speed up and streamline transactions. Currently ...
Indonesian crypto platform Reku is built for both new and experienced traders
Cryptocurrency transactions in Indonesia hit $60 billion last year, according to the country’s commodities futures trading agency. Crypto exchange and marketplace Reku has been riding the wave with ...
AIG unit Corebridge raises $1.68 bln in year’s largest IPO
AIG Inc's life insurance and retirement division Corebridge Financial Inc raised $1.68 billion on Wednesday in the biggest initial public offering (IPO) so far this year, braving market volatility and ...
Japan’s solo FX intervention won’t be that effective – ruling party official
Japan lacks effective means to combat the yen's sharp falls, as intervening unilaterally in the currency market will likely have a limited impact in reversing its downtrend, Satsuki Katayama, head of ...
Asia-Pacific markets set for mixed open after previous negative session
Futures in the Asia-Pacific point to a mixed open on Thursday after Wednesday’s negative session. In the U.S., indexes inched higher overnight and the producer price index showed an decrease in ...
Coinbase Is Highlighting Politicians on Their Crypto-Friendliness
Coinbase Global Inc. is adding a scorecard for politicians right into its app as the largest US cryptocurrency exchange amps up its policy advocacy efforts after expressing frustration with lawmakers ...