Interbank transfer fees haven't budged for over 40 years and the government is calling for change as payment providers are just passing on the costs to retailers. ( read original story ...)
Crypto Conversation: Online Dating Hooks Up With Algorand
What's hot in crypto this week? It's Algorand. ALGO is a public, pure proof-of-stake blockchain launched in 2018 by a Boston-based team and founded by Turing-award winner and cryp ... ( read original story ...)
Blockchain-Based Crypto Payments Need To Focus On User Experience To Go Mainstream
Despite this engagement, however, the utilization of cryptocurrency as a legitimate fiat alternative, i.e., using crypto as money, remains something of an oddity, with only a relatively small ... ( read original story ...)
What Role Will Crypto Play During ‘The Great Reset?’
The global economic transformation now faces the main question: What to choose — centralization or decentralization? ( read original story ...)
Following U.S. Success, ShelterZoomJapan Launches as More Businesses Shift to Remote Work
ShelterZoom brings secure document solutions to Japan, as government announces eSignatures will have same legal weight as traditional "Hanko" stamps ... ( read original story ...)
Crypto-mining worm steals AWS credentials
TeamTNT has become the first crypto-minining botnet to include a feature that scans and steal AWS credentials. ( read original story ...)
Oita Chuo Pacific Management Comments On KKR’s Academy Sports As They File For IPO
TOKYO--(BUSINESS WIRE)--Financial executives at wealth management ... Other banks may be added to the lineup, and like every company considering an IPO, this may also create potential takeover ... ( read original story ...)
SoftBank Is Betting Big on U.S. Tech Megacaps
Japanese tech conglomerate SoftBank (OTC:SFTB.Y) is trying to rehabilitate its reputation after the company became widely mocked following the spectacular implosion of WeWork's planned IPO last year. ( read original story ...)
Japan to pitch Osaka, Fukuoka as int’l financial hubs after pandemic
Osaka is the center of the Kansai region that includes Kyoto ... "It's natural that people will start moving to Japan and Singapore (from Hong Kong)," Finance Minister Taro Aso said at a press ... ( read original story ...)
Finance Minister Bill Morneau resigns and beer from wastewater; In The News for Aug. 18
The only finance minister to serve under Prime Minister Justin Trudeau ... The top architectural award at Expo '70 in Osaka, Japan, was given to the Canadian pavilion, designed by Arthur Erickson of ... ( read original story ...)
Between Crypto, Libra, Stablecoins, And Digital Dollars, Congress Introduced 35 ‘Blockchain’ Bills
As Project Libra provided the possibility of a ‘GlobalCoin’ or world currency, the interest in crypto catapulted as Facebook’s idea sparked issues of consumer protection, safety, and soundness in the ... ( read original story ...)
Crypto-mining worm steal AWS credentials
TeamTNT has become the first crypto-minining botnet to include a feature that scans and steal AWS credentials. ( read original story ...)
Crypto Crimes Rated: From the Twitter Hackers to Not Your Keyser, Not Your Coins
Crypto criminals are like every other ne'er do well who ever scammed a mark: while some are masterminds, the majority are... well... as thick as thieves. ( read original story ...)
Greater Bay Area’s biggest property services firm Excellence Commercial said to seek up to U$400 million from Hong Kong IPO
Excellence Commercial Property and Facilities Management Group is looking to raise between US$300 million (HK$2.33 billion) and US$400 million from an initial public offering in Hong Kong, according ... ( read original story ...)
Bank of Japan Refuses Trader Requests to Work From Home
Japan’s central bank doesn’t allow home computers to connect to its network for conducting asset purchases and other market transactions, raising concerns at financial firms as coronavirus cases in ... ( read original story ...)
Japan scorns the rich but wants to be global financial hub
Capital gains are taxed at 15% in Japan -- but not at all in Singapore and Hong Kong. But these proposals have already drawn strong pushback. Many see tax breaks specific to the finance industry ... ( read original story ...)