Competition is heating up among three major Japanese cities to invite foreign companies as Prime Minister Yoshihide Suga aims to make Japan an international financial hub. The idea to boost Japan's ... ( read original story ...)
After Hong Kong crackdown, Japan cities wrestle for Asian financial hub status
Prime Minister Yoshihide Suga has pledged to adjust tax and visa arrangements, and make administrative services available in English, in a bid to attract foreign firms. ( read original story ...)
World First Crypto Currency Traded with Fixed Price
Around June 2020, Easybook had launched its cryptocurrency, Easybook Coin (EBO) from Brunei to the online customers in ASEAN. Within 3 months, nearly half a million USD worth of EBO coins was sold. ( read original story ...)
PayPal Raises Crypto Buying Limit to $15K/Week for ‘Eager’ Customers
PayPal’s cryptocurrency products are going to expand rapidly in 2021, executives said on the company’s third quarter earnings call Monday. ( read original story ...)
Crypto derivatives volume more than triples spot trading
Other niches, such as derivatives trading, have since experienced watershed growth, as noted in a recent report from United States crypto exchange, Kraken. "Beginning with pioneers like Crypto ... ( read original story ...)
PayPal Will Take Its US Crypto Service Global in 1H 2021, Execs Say
PayPal’s cryptocurrency service is going to expand rapidly in 2021, executives said on the payments giant’s third-quarter earnings call Monday evening. That includes crypto services coming to Venmo ... ( read original story ...)
Paxful to Roll Out Crypto Debit Card for US Customers
Peer-to-peer digital asset marketplace Paxful is launching a crypto debit card. The Visa card enables users to convert cryptocurrencies to U.S. dollars at time of purchase and comes via partnership ... ( read original story ...)
China Market Update: Growth Stocks Driven Higher As Singles Day Kicks Off, Five Year Plan Lifts Electric Vehicles & Clean Energy
Asian equities had a strong day despite the US equity market’s weakness Friday and increased lockdowns in Europe. Meanwhile, Japan announced the easing of travel restrictions for several countries in ... ( read original story ...)
Ambitious but controversial: Japan’s new hydrogen project
Japan's new 2050 deadline for carbon neutrality has thrown a spotlight on its efforts to find new, greener fuel options, including an ambitious but controversial liquid hydrogen venture. The Hydrogen ... ( read original story ...)
Nikkei rebounds from 2-month low as earnings recover
TOKYO, Nov 2 (Reuters) - Japan’s Nikkei share average jumped on Monday, weathering the impact from downbeat U.S. stocks late last week, as signs of a recovery in earnings at home and a ... ( read original story ...)
Japan’s Nidec plans $2 bln EV motor factory in Europe – Nikkei
The plant, which follows construction of an EV motor plant in China, is slated to open in 2023 with annual production of between 200,000 and 300,000 units a year, the Nikkei said ... from other ... ( read original story ...)
Crypto Long & Short: Wyoming Is Crypto’s ‘Wild West,’ Which Is Exactly What We Need
An innovative region far from the center of financial power is taking meaningful steps towards reforming finance from the edges. ( read original story ...)
Japan stocks set to trade lower; China says its factory activity grew in October
Official data released over the weekend showing China's manufacturing activity grew at a slightly slower rate in October. ( read original story ...)
‘I got Bitcoin!’ — trick-or-treaters rewarded with crypto
At least four Canadian kids in costume received hundreds of dollars in Bitcoin instead of chocolate over Halloween. ( read original story ...)
Declaring a crackdown? What to make of the DoJ crypto framework release
The U.S. Department of Justice has articulated its digital enforcement strategy, putting the crypto community on notice. ( read original story ...)
Japan approves P1.44 billion loans for 4 infrastructure projects
Japan has approved the provision of Y3.1 billion in technical assistance to the Philippines to support the implementation of four infrastructure projects, according to the Department of Finance. ( read original story ...)