Klarman's Baupost Group reported a $29 million stake in Coinbase convertible debt at the end of the first quarter.
The first leveraged bitcoin futures ETF is hitting the market as crypto gains new momentum
The Volatility Shares 2x Bitcoin Strategy ETF (BITX) is set to launch on Tuesday, making it the first leveraged bitcoin futures fund.
Mizuho Leads Japanese Banks in AI Adoption, Enables Use of Microsoft’s Azure OpenAI for All Employees
Mizuho Financial Group, Inc (NYSE: MFG) enables all Japan bank employees to use Microsoft Corp’s (NASDAQ: MSFT) Azure OpenAI service. The banking firm will let 45,000 workers at its core lending units ...
Japan Finance Minister Suzuki: To respond appropriately if FX moves turn excessive
Japanese Finance Minister Shunichi Suzuki said on Tuesday that sharp and one-sided moves were observed in the currency market and it was vital for currencies to move stably reflecting economic ...
Japan Finance Minister vows to respond if yen weakening becomes excessive
Japan's Finance Minister Shunichi Suzuki kept up verbal warnings on Tuesday against the yen's depreciation, saying he would respond appropriately if currency moves became excessive.Suzuki's latest ...
Japan Exempts Token Issuers from the 30% Crypto Tax on Paper Gains
New tax exemption in Japan allows token issuers to save on corporate taxes, boosting the growth of the crypto industry and encouraging token issuance activities ...
Brokerage Firm Prometheum Wants to Use Exemption to Trade Crypto
Prometheum’s plan involves the use of an exemption that regulators created 50 years ago to permit trading of shares that were restricted.
How We Ranked CoinDesk’s Crypto Hubs 2023: Our Methodology
Ranking crypto hubs worldwide with some level of accuracy and credibility is fraught with challenges. We had basic questions like: What is the
Zug: Where Ethereum Was Born and Crypto Goes to Grow Up
Tiny is mighty when it comes to Zug's performance across all the criteria in our Crypto Hubs 2023 rubric. With a small population, Zug scored
EU Reaches Agreement on Crypto Asset Regulations in Banking
The EU has reached a political agreement on regulations to safeguard the financial system from “unbacked cryptocurrencies” and strengthen banks.
Roundup: Japan’s Nikkei ends lower for 4th day as tech shares drop
Japan benchmark Nikkei stock index closed lower on Tuesday extending its losing streak for a fourth-straight day as technology issu ...
(LEAD) S. Korea, Japan to hold finance ministerial meeting this week in Tokyo
South Korea and Japan plan to hold a financial ministerial meeting this week to discuss bilateral economic ties, the finance ministry said Tuesday. Finance Minister Choo Kyung-ho will meet with his ...
Japan stocks lower at close of trade; Nikkei 225 down 0.49%
Japan stocks were lower after the close on Tuesday, as losses in the Power, Precision Instruments and Railway & Bus sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.49%. The ...
Japan’s Nikkei posts longest losing streak of 2023 as tech slides
JAPAN’S Nikkei share average slumped to its longest losing streak of the year on Tuesday (Jun 27), with many of the nation’s biggest technology names tracking overnight declines in US peers. Read more ...
Factbox-Japan’s Toolkit to Combat Sharp Yen Declines
Japanese authorities are facing renewed pressure to combat the yen's fresh declines driven by market expectations that the Bank of Japan will keep interest rates ultra-low, even as other central banks ...
Japan’s finance minister warns again of steps to deal with yen’s decline
Japanese Finance Minister Shunichi Suzuki on Tuesday reiterated that "appropriate" steps would be taken to deal with the yen's sharp drop versus the U.S. dollar. "We've seen some rapid, one-sided ...