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Tag: finance

Posted on 15/10/2021

Stable currency is vital, says Japan Finance Minister, as yen descends to 3-year low

Currency stability is "very important" and Japan's government will scrutinise the economic impact from the yen's recent decline, Finance Minister Shunichi Suzuki said on Friday.The dollar rose to a ... ( read original story ...)

Posted on 15/10/2021

Japan Scrutinising Impact of Yen Fall on Its Economy, Says Finance Minister Suzuki

Japan's new Finance Minister Shunichi Suzuki wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, speaks at a news conference in Tokyo, Japan, October 5, 2021. REUTERS/Kim ... ( read original story ...)

Posted on 15/10/2021

Japan central bank will seek digital yen with ‘simple’ design, says BOJ official

Any digital currency the Bank of Japan issues should have a simple design that private firms can use to develop financial and payment services for customers, a senior central bank official said on ... ( read original story ...)

Posted on 15/10/2021

U.S. takes top spot for crypto mining after China crackdown: CNBC After Hours

On today's show, CNBC.com's MacKenzie Sigalos explains a new survey from the University of Cambridge highlighting the top countries for crypto mining. ( read original story ...)

Posted on 15/10/2021

Crypto exchange Coinbase pitches regulatory overhaul

The proposal from one of the largest cryptocurrency exchanges in the U.S. is at odds with recommendations from Securities and Exchange Commission Chair Gary Gensler. ( read original story ...)

Posted on 15/10/2021

Coinbase wants Congress to create a special regulator to oversee the crypto market

The biggest cryptocurrency exchange in the US submitted a regulatory framework proposal that it made public on Thursday. ( read original story ...)

Posted on 15/10/2021

Coinbase’s stock heads to best day in over 2 months as BTIG reaffirms bullish call, crypto prices climb

Crypto exchange Coinbase is seeing its price surge on Thursday as BTIG analyst Mark Palmer reiterated his buy rating for the company and held its ... ( read original story ...)

Posted on 15/10/2021

$7 Trillion Worth of Stocks Are Exposed to Crypto Risks

Whether you’re a bonafide and laser-eyed true believer or a skeptical holdout, the risks from cryptocurrencies could be steadily “creeping” into your portfolio, according to MSCI Inc. At least 52 ... ( read original story ...)

Posted on 15/10/2021

Morgan Stanley CEO says bitcoin isn’t a large part of the bank’s business, but admits crypto is more than just a ‘fad’

"These things aren't going away, and the blockchain technology supporting is obviously very real and powerful," the CEO told investors. ( read original story ...)

Posted on 15/10/2021

Tala, fintech for the underbanked, raises $145 million to expand globally and into crypto

Fintech start-up Tala has raised $145 million in a Series E funding round that the company intends to use to expand globally and introduce crypto offerings. ( read original story ...)

Posted on 15/10/2021

Coinbase Pitches Blueprint for Special Crypto Regulator

Coinbase, which has feuded with U.S. regulators in recent months, plans to publicly release a document with proposals for crypto regulation. ( read original story ...)

Posted on 15/10/2021

Coinbase proposes crypto-focused financial regulator to replace SEC for oversight of digital assets

Cryptocurrency exchange Coinbase Global Inc. released a proposal Thursday for comprehensive reform of federal regulation of digital assets, urging ... ( read original story ...)

Posted on 15/10/2021

Cathie Wood’s Ark Invest gets behind a bitcoin futures ETF, stepping up its crypto involvement

Cathie Wood's Ark Invest has put its name to a bitcoin futures ETF assigned with the ticker ARKA - a positive sign for SEC approval, an analyst said. ( read original story ...)

Posted on 15/10/2021

Mark Cuban recommends investing in dogecoin for ‘fun,’ but says ethereum has the most upside when it comes to crypto

Mark Cuban said ethereum has the "most upside" in the crypto world, CNBC reported. The billionaire investor said dogecoin is "fun" and educational. The meme-inspired coin also has the best use-case ... ( read original story ...)

Posted on 15/10/2021

Ex-NBA star Jalen Rose on why he hasn’t invested in crypto: ‘I can’t tangibly touch and feel it’

Despite earning more than $100 million during his 13-year NBA career, Jalen Rose doesn't like to make risky financial moves.Like, for example, investing in cryptocurrency. "When I first heard about ... ( read original story ...)

Posted on 15/10/2021

Putin says crypto currencies too unstable to be used for oil contracts

Russian President Vladimir Putin said that crypto currencies were too unstable to be used to settle oil contracts but that they still deserved a place as a means of payment. ( read original story ...)

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