Japan's biggest banks said they will work together to build a less expensive money transfer network focused mainly on small transactions among individuals. ( read original story ...)
Putin Outlines New Russian Crypto Rules And Banks Prepare For New Exchanges
Russia has revamped the rules of the cryptocurrency game within its borders. In short: cryptocurrencies like Bitcoin, Ether, and others can be traded, but no goods and services in Russia are allowed ... ( read original story ...)
“China’s LVMH” Shandong Ruyi resists Lycra sale in favour of IPO amid debt crisis-sources
Fashion conglomerate Shandong Ruyi, best known for its ambition to be the LVMH of China, has brushed aside a sale of textile maker Lycra proposed by Lycra's creditors and is instead looking to ... ( read original story ...)
‘Crypto Instagram’ Is Becoming a Thing, Scams and All
Scams are running rampant on Instagram in 2020 – even as legitimate crypto entrepreneurs are increasingly using the platform for business. ( read original story ...)
German Orders Rebound as Sweden Beats Expectation: Virus Update
Sweden’s finance minister said the country’s light-touch lockdown may have contributed to a less severe contraction in the economy. Meanwhile, German manufacturing continued its recovery in June, with ... ( read original story ...)
Foreigners’ selling of Japanese stocks hits highest since mid-March last week
Foreigners turned net sellers of Japanese equities last week after three straight weeks of purchases, marking their biggest net offload since mid-March on renewed concerns about rising coronavirus ... ( read original story ...)
Japan’s large banks to look at building settlement system for small payments
Japan's three biggest banks and two smaller banks are starting talks on building a common settlement infrastructure for small payments, with the aim of cutting interbank fees, they announced on ... ( read original story ...)