Prosecutors have accused Trevor Hill of SMBC Nikko Securities of conspiring to manipulate stock prices, while Japanese media have depicted the case as one of the most serious financial offenses of ... ( read original story ...)
Anthony Scaramucci on Crypto: It’s ‘Almost Impossible to Extinguish’ It in the U.S.
Former White House Director of Communications Anthony Scaramucci spoke about the future of crypto and American politics at an event this week, and said that the IRS treatment of c ... ( read original story ...)
Yellen says U.S. crypto rules should support innovation, manage risks
U.S. Treasury Secretary Janet Yellen said on Thursday crypto asset regulations should support responsible innovation while managing risks, sticking to the contours of a recent White House executive ... ( read original story ...)
Yellen calls for crypto regulation to reduce risks, fraud
Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and other digital assets and to ward off fraudulent and illicit transactions. ( read original story ...)
UPDATE 1-Japan buyers agree to Q2 aluminium premium of $172/T, sources say
The premium for aluminium shipments to Japanese buyers for April to June was set at $172 a tonne, down 2.8% from the previous quarter, as weak demand in Japan and China outweighed concerns of supply ... ( read original story ...)
First Digital Bank Set To Debut On Tokyo Exchange
Funds raised from the IPO, which is the biggest Tokyo listing since SoftBank’s $21 billion IPO in 2018, will be used to expand the company’s banking-as-a-service (BaaS) business for B2B customers, the ... ( read original story ...)
Japan stocks lower at close of trade; Nikkei 225 down 1.69%
Japan stocks were lower after the close on Thursday, as losses in the Gas & Water, Shipbuilding and Transportation Equipment sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 1. ( read original story ...)
After $600 million crypto heist, Axie Infinity team raises $150 million and launches another NFT game
Last week Sky Mavis, the Vietnam-based company behind the crypto game Axie Infinity, revealed that a hacker stole hundreds of millions of dollars worth of crypto from its blockchain. Sky Mavis ... ( read original story ...)
Why Japan’s long fight against deflation looks doomed to fail
Unlike its peers, Japan's central bank has stuck to aggressive government debt purchases, rock-bottom interest rates and near-zero long-term bond yields The costs of this approach keep rising, though, ... ( read original story ...)
BOJ policymaker emphasizes benefits of weak yen to Japan’s economy
The benefits of a weak yen outweigh the demerits for Japan’s export-oriented economy, central bank policymaker Asahi Noguchi said on Thursday, brushing aside the view the currency’s recent decline ... ( read original story ...)
$2 Trillion Crypto Crash Warning: Sudden Shock Tanks The Price Of Bitcoin, Ethereum, BNB, Luna, XRP, Solana, Cardano, Avalanche And Dogecoin
Bitcoin and major cryptocurrencies, including ethereum, BNB, luna, XRP, solana, cardano and avalanche, have suddenly moved sharply lower, wiping around $200 billion from the combined crypto ... ( read original story ...)
Japan’s Nikkei hits 3-week low on Fed, China worries
The Nikkei had dropped 2% to 26,803.34 by the midday break and was on course for its worst session since March 11, with chipmakers and auto companies among the worst performers. O ... ( read original story ...)
Asian stock market: Japan’s Nikkei drops 1.9%, Hong Kong benchmark flat on hawkish Fed minutes; USD gains
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.53% and Japan's Nikkei dropped 1.9%. Chinese blue chips shed 0.4%, although the Hong Kong benchmark was flat, buoyed by mainland ... ( read original story ...)
Bank of Japan member stresses easy policy despite rising costs
Asahi Noguchi says loose policy needed as Japan is not experiencing high rates of inflation seen in other countries. ( read original story ...)
Miami Bitcoin 2022 conference draws crypto enthusiasts to Florida’s growing tech hub
Thousands of crypto enthusiasts are gathering in Miami, now tied with Los Angeles in funding raised by blockchain startups. ( read original story ...)
Opinion: Binance CEO explains why it’s misleading to say crypto is anonymous
CNN's Richard Quest spoke with Binance founder and CEO Changpeng Zhao this week about sanction rules, crypto and why he thinks anonymity in the digital currency world is a myth. ( read original story ...)