Hodlnaut, a cryptocurrency lender operating in Asia, said it has halted withdrawals making it the latest company in the digital-assets sector affected by a series of defaults.
Crypto users in a fix as WazirX, Binance brawl over ownership
Worries surged as Binance had disabled off-chain transfers (transactions occurring on a crypto network that move the value outside of the blockchain) to WazirX. However, according to recent media ...
Japan’s current account shrinks 63.1 pct in H1
Japan posted a current account surplus of 3.51 trillion yen (25.96 billion U.S. dollars) in the first half of 2022 from a year earlier, down 63.1 percent, as rising prices for oil and a weak yen ...
Crypto business leaving Japan due to high tax: Entrepreneur
Crypto lobbying groups in Japan are asking the government to ease corporate tax rules that are seen to be stunting the local digital asset industry’s growth.
Crypto Market Turmoil Highlights Personal Risks for Compliance Chiefs
Compliance chiefs at crypto firms contending with a price crash, hacks and bankruptcies now face the prospect of increased personal liability for issues at their firms.
SoftBank-backed OfBusiness defers IPO plans by 3 months on weak market cues
CEO Asish Mohapatra also said the last round that OfBusiness raised in December 2021 was the company’s last private market fundraise ...
Roundup: Japan’s Nikkei closes at 4-month high, U.S. inflation data in focus
Japan's benchmark Nikkei stock index closed on Monday at its highest level in more than four months as stocks reporting solid earnings and the yen's retreat against the U.S. dollar attracted buying.
Japan Life Insurers Dump Record Foreign Debt in Volatile July
Japan’s life insurers and pension funds sold record amounts of foreign bonds in July as heightened volatility in global debt markets damped appetite.Most Read from BloombergR Kelly Has $28,000 in His ...
Japan’s Jan.-June current account surplus shrinks to 3.51 tril. yen
Japan's current account surplus shrank 63.1 percent in the first half of 2022 from a year earlier to 3.51 trillion yen ($25.9 billion), the Finance Ministry said Monday. Among key components, the ...
Crypto.com expands in South Korea, looks beyond the market route
Crypto.com, a digital currency platform has announced acquisitions in South Korea continuing its expansion in the hope that the collapse of the digital asset market this year can be reversed, as ...
Crypto Industry Welcomes Potential CFTC Regulation
Crypto markets aren’t fair or transparent – putting Americans’ money at risk. @JohnBoozman, @SenBooker, @SenJohnThune, and I are giving @CFTC what they need to protect consumers, prevent fraud and ...
Crypto update: Avalanche up 7%, BNB up 6% as cryptocurrencies stay in green
Cryptocurrency market cap is at $1.10 trillion after rising 0.93% in last 24 hrs. AVAX, BNB, and DOT are top gainers.
Corporate governance focus in Japan drives inbound M&A
The urgency for Japanese businesses to sell off non-core units due to corporate governance is creating opportunities for private equity ...
Japan’s Nikkei ends at 4-month high on robust corporate outlook
Japan's Nikkei index ended at a more than four-month high on Monday, as investors scooped up stocks that reported robust outlook, while caution ahead of the release of U.S. consumer prices report ...
SoftBank posts $17 billion Vision Fund loss in first quarter
SoftBank Group Corp on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its Vision Fund unit in the April-June quarter as the value of its tech portfolio slid. SoftBank had booked a record ...
Japan’s current account shrinks 63.1 pct in first half of 2022
Japan posted a current account surplus of 351 trillion yen 2596 billion US dollars in the first half of 2022 from a year earlier ...