He exits as the ruling party attempts to reboot with a new cabinet amid public dissatisfaction over its handling of the pandemic. Aso’s departure marks another step away from the Abenomics experiment ... ( read original story ...)
Behind the Crypto Broker Accused of Enabling Ransomware Hackers
A cryptocurrency broker that the Biden administration considers a key cog in the recent ransomware epidemic is legally registered in the Czech Republic but doesn’t appear to have an office there. It ... ( read original story ...)
Japan shares end lower on China worries ahead of new govt formation
Japanese shares shed early gains to end lower on Monday, as worries over the China Evergrande debt crisis outweighed positive cues from a strong finish on Wall Street, while the nation's new premier ... ( read original story ...)
Laos to Conduct CBDC Study With Japanese Startup Soramitsu
The central bank of Laos is working with Japanese financial startup Soramitsu to conduct a study on the feasibility of a central bank digital currency. ( read original story ...)
Japan Appoints First New Finance Minister in Nearly Nine Years
Former Olympics Minister Shunichi Suzuki on Monday became Japan’s first new finance minister in nearly nine years, replacing Taro Aso as the ruling party reboots its cabinet in the run-up to a general ... ( read original story ...)
Japan’s Outgoing Finance Minister Aso Said He Urged BOJ to Lower Inflation Target
Japan's outgoing finance minister, Taro Aso, said on Monday he had proposed lowering the central bank's 2% inflation target when prices took a hit from plunging oil prices from 2014 through to 2015. ( read original story ...)
Japan records $6 million in underreported crypto taxes amid Cardano price rally
Traders have profited off the incredible rally seen in Cardano price this year but many have dodged taxes. Authorities in Japan stated that there were $6 million in underreported taxes. Japan is ... ( read original story ...)
Japan to hold general elections on Oct. 31
Fumio Kishida, president of Japan's ruling Liberal Democratic Party and soon to become prime minister, has decided to dissolve the lower house later this month to hold general elections on Oct. 31, ... ( read original story ...)
Japanese shares reverse early gains ahead of new government formation
Japanese shares reversed early gains on Monday as caution ahead of the formation of a new government and lingering worries over the China Evergrande debt crisis outweighed positive sentiment stemming ... ( read original story ...)
Japan’s Citadel AI secures seed round to automatically detect errors in predictions
Citadel AI Citadel AI, the Japanese startup developing automated AI quality maintenance tools, announced on Monday that it has secured 100 million yen (about $9 million US) in a seed ... ( read original story ...)
Japan’s Incoming Finance Minister Suzuki in His Own Words
Shunichi Suzuki, a former Olympics Minister is set later Monday to become Japan’s first new finance minister in nearly nine years. He replaces Taro Aso, who held the position for longer than anyone in ... ( read original story ...)
Many faces in Japan’s new government belong to allies of PM Abe
Japan’s Fumio Kishida will formally take office as prime minister on Monday, with a government that includes numerous allies of former premier Shinzo Abe, whose conservative base is thus assured of ... ( read original story ...)
Japan’s Kishida Set to Take Office, Form Government
Japan's incoming prime minister Fumio Kishida is set to formally take office on Monday, forming a government faced with the immediate task of handling the coronavirus pandemic and softening the ... ( read original story ...)
Crypto clash? Grayscale’s CEO says SEC’s Gensler ‘shortsighted’ in backing a bitcoin futures ETF
For the next four weeks, we will highlight the most timely news in the crypto and blockchain industry, from developments in digital-asset ... ( read original story ...)
Powell said the Fed has no plans to ban crypto. Here is what experts say may lie ahead for crypto regulation as authorities tighten their grip.
If authorities really want to rein in the industry, they could focus initial efforts on more onerous taxation provisions, one source told Insider. ( read original story ...)
Bitcoin And Ethereum Are Braced For A Massive October Bombshell After The Crypto Market Price Suddenly Surged
Bitcoin and cryptocurrency prices have stormed into October after a dire September. Don't miss: What (or who) is driving the crypto market in 2021 and beyond? Tune in to Forbes ’ free Crypto Codex ... ( read original story ...)