In the interview, conducted by Fortune Crypto alum Jen Wieczner, Frank makes the startling claim that regulators shut down Signature Bank pour encourager les autres—explaining the expression comes ...
FDIC wants buyer of Signature Bank to give up crypto business, report says
Signature Bank was one of the dwindling financial options for the U.S. crypto industry, even after New York regulators took over the bank and placed it into Federal Deposit Insurance Corporation ...
A Net $3 Billion Was Redeemed From Crypto’s USDC Stablecoin This Week
A net $3 billion was redeemed from USD Coin, crypto’s second-largest stablecoin, from Monday morning through Wednesday in the aftermath of US banking turmoil that buffeted issuer Circle Internet ...
Japan ruling party lawmaker: G7 must share awareness of banking issues
The Group of Seven (G7) advanced economies must keep a close eye on U.S. banking problems although the recent failure of two mid-size U.S. banks is unlikely to have a direct impact on Japan's ...
Ransomware attacks in Japan hit new record in 2022
Of 54 cyberattacks in which ransom payments were sought, 50 involved demands for payment to be made in crypto-assets such as Bitcoin. There were also cases of personal information and passwords being ...
Japan stocks lower at close of trade; Nikkei 225 down 0.80%
Investing.com – Japan stocks were lower after the close on Thursday, as losses in the Railway&Bus, Communication and Transportation Equipment sectors led shares lower. At the close in Tokyo, the ...
Japan bank lobby chief sees no signs of contagion from Credit Suisse woes
TOKYO, March 16 (Reuters) - The head of Japan's banking lobby said on Thursday that there are no signs at the moment of the Japanese financial system being affected by a crisis of confidence in Credit ...
Japan books trade deficit of 6.73 bln. U.S. dollars in February
Japan logged a trade deficit of 897.7 billion yen (6.73 billion U.S. dollars) in February, owing to soaring import costs further inflated by a weak yen, the government said in a report on Thursday.
Police take down ChipMixer service tied to stolen crypto from FTX, Axie Infinity hacks
Crypto mixing services like ChipMixer make it more difficult for third parties, such as law enforcement, to trace crypto transactions, as they funnel different payments into a sin
Tokyo stocks open lower on banking worries
TOKYO: Tokyo stocks opened sharply lower Thursday as jitters ... according to data released by the finance ministry 10 minutes before the opening bell. The data did not prompt a strong market reaction ...
Japan’s trade deficit hits $6.8B in February
Japan’s trade deficit reached 897.7 billion yen ($6.8 billion ... ($26.4 billion), but rising from 711.5 billion yen ($5.4 billion) in February 2022, the Finance Ministry data showed on Thursday. This ...
Why this ‘winter’ won’t stop the growing crypto e-commerce adoption
From fast and inexpensive fees to secure transactions and a lack of chargebacks, crypto payments offer a multitude of benefits for retailers.
Crypto founders are running out of bank options after the collapses of SVB and Signature. Here’s where they’re scrambling to move their money.
Some crypto founders are scrambling to reduce their reliance on US banks, but it's not easy. And others are choosing to limit non-crypto transactions ...
Japan’s Nikkei trims losses after Credit Suisse liquidity measures
TOKYO/SINGAPORE, March 16 (Reuters) - Japan's Nikkei share average trimmed losses on Thursday, in another volatile session after embattled Swiss lender Credit Suisse announced plans to strengthen its ...
Japan’s bank stocks sink as Credit Suisse fear roils markets
Banking stocks in Japan fell on Thursday as troubles at Credit Suisse sparked fears that banking turmoil is spreading around the world.
Japan’s registers two straight years of export growth in February, outlook less rosy
TOKYO (Reuters) - Japan posted two straight years of export gains in February ... have also shattered policymakers' hopes for a quick rebound from the pandemic doldrums. The Ministry of Finance (MOF) ...