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Tag: finance

Posted on 06/10/2021

China’s Crypto Companies Are Scrambling

Hi all, this is Zheping in Hong Kong. Crypto holders have long tried to call China’s bluff on Bitcoin. That’s looking like a bad bet. But ... ( read original story ...)

Posted on 06/10/2021

GOP lawmaker introduces bill to provide legal clarity for crypto industry

Rep. Patrick McHenry (R-N.C.), a noted friend in Congress of the cryptocurrency industry, introduced a new bill Tuesday that aims to provide a framework for nascent digital token networks.State of ... ( read original story ...)

Posted on 06/10/2021

KKR-Backed PHC Holdings Plans $740.6 Million Initial Public Offering

By Kosaku Narioka KKR & Co.-backed PHC Holdings Corp. said it plans to sell shares worth 82.55 billion yen ($740.6 million) in an initial ... ( read original story ...)

Posted on 06/10/2021

Nikkei extends losing streak to 8 days, 1st time since 2009

Japan's Nikkei stock benchmark ends lower on Oct. 6, extending its losing streak to eight days for the first time since July 2009, as sentiment was hurt by deepening uncertainty over the global ... ( read original story ...)

Posted on 06/10/2021

CryptoCodex Live: Understanding Bitcoin Trends And The Latest Crypto Price Moves

Sign up now for Forbes' CryptoCodex Live and understand the trends buffetting the bitcoin price and wider crypto ... ( read original story ...)

Posted on 06/10/2021

India’s cryptocurrency platform CoinSwitch Kuber raises over $260 mln

Indian cryptocurrency exchange CoinSwitch Kuber said on Wednesday it had raised over $260 million at a valuation of $1.9 billion, underscoring the rise in popularity of crypto trading in the country ... ( read original story ...)

Posted on 06/10/2021

Gary Gensler says the SEC won’t bring in a China-style crypto ban, but Congress could

Many of these tokens do meet the tests of being an investment contract or a note or some other form of security,' Gensler said Tuesday. ( read original story ...)

Posted on 06/10/2021

Bank of Japan’s Kuroda says country’s labour practices keep wage pressures under control

Japanese firms have no pressing need to raise wages because they retained jobs during last year's pandemic-induced economic slump, and thus do not need to fill job vacancies as quickly as US companies ... ( read original story ...)

Posted on 06/10/2021

Japan’s Shinsei Bank forms independent panel to respond to SBI takeover bid

Japan's Shinsei Bank Ltd is forming a panel of independent directors to weigh its response to a takeover bid from SBI Holdings, so as to ensure the "fairness and objectivity of the evaluation," it ... ( read original story ...)

Posted on 06/10/2021

Shiba Inu Crypto Up 216% in a Week (With Some Help From Musk)

The Shiba Inu cryptocurrency is now the world’s 20th-biggest by market value and has more than tripled in the past week, partly fueled by Elon Musk’s latest tweet about his own puppy. ( read original story ...)

Posted on 06/10/2021

SmartRyde helps travelers book airport cabs in 150 countries, nabs series A round

SmartRyde, the Japanese startup behind a global airport transfer marketplace under the same name, announced that it has secured approximately 180 million yen (about $1.6 million) in a Series A ... ( read original story ...)

Posted on 06/10/2021

Nikkei hits over six-week low; low support ratings for new PM weigh

Japan's Nikkei reversed course on Wednesday to close at a more than six-week low, dragged down by concerns over higher interest rates, China's slowdown and modest approval ratings for the country's ... ( read original story ...)

Posted on 06/10/2021

U.S. Won’t Follow China in Banning Crypto, SEC Chief Says

Securities and Exchange Commission Chair Gary Gensler said a ban on cryptocurrencies would be left up to Congress. ( read original story ...)

Posted on 06/10/2021

Takeda Provides Update on TAK-994 Clinical Program

Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) ("Takeda") today announced that a safety signal has emerged in Phase 2 studies of TAK-994, an investigational oral orexin agonist. As an ... ( read original story ...)

Posted on 06/10/2021

A bill proposed by a Republican lawmaker would give crypto developers legal protection to raise money through token sales

The Clarity for Digital Tokens Act of 2021 from Rep. Patrick McHenry supports a 'safe-harbor' proposal by SEC Commission Hester Peirce. ( read original story ...)

Posted on 06/10/2021

Crypto- and stock-trading moguls have crashed Forbes’ Youngest Billionaires list. Here are the 4 that made the top tier this year.

An explosion in crypto and meme stock trading propelled several fresh faces to the top of this year's Forbes Youngest Billionaires list. The richest newcomer is FTX CEO Sam Bankman-Fried, who at just ... ( read original story ...)

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