TOKYO :Japan's Ministry of Finance (MOF), Financial Services Agency and Bank of Japan (BOJ) said their officials will meet on Friday afternoon to discuss financial markets, as a brewing banking crisis ...
Crypto Companies Are Asking Jamie Dimon to Hold Their Money
JPMorgan is opening up new bank accounts for crypto firms, such as VC funds and web3-infrastructure start-ups, which are moving their deposits to the bank, according to people familiar with the matter ...
The crypto market is on the rise as crypto banks like Signature collapse. Why?
Crypto has had a bad year, but it’s looking up as the traditional financial system faces shocks to the system. Financial institutions with ties to the crypto industry have had a rough few weeks.
Japan says closely coordinating with BOJ, overseas authorities on banking issues
Japan's government is closely coordinating with the Bank of Japan and financial authorities overseas to prevent fallout from the crisis of confidence engulfing banks in the West, Finance Minister ...
Why Signature Bank’s Failure Could Be a Huge Setback for the Crypto Industry
Signature Bank, crypto’s last major ally in the banking world, was seized by regulators earlier this week in the aftermath of Silicon Valley Bank’s failure. Signature played a key role in the U.S.
Crypto Faces a Banking Crisis. For Some, It’s a Conspiracy
The collapse of crypto-friendly Silvergate and Signature Bank has left the industry scrambling to find anyone willing to work with them.
Top crypto app downloads rise over 15% following SVB collapse
Following a shakeup in the U.S. banking system over the past week, crypto exchanges and wallets gained momentum as some look for bankless alternatives. The top 10 crypto applications for exchanges and ...
Crypto Skeptic Molly White Says Crypto Will Turn to ‘Shadier Shadow Banks’ Amid Bank Collapses
Speaking at the annual South by Southwest festival in Austin, Texas this week, notable crypto critic Molly White said that the industry might have limited options after Silvergate and Signature Banks, ...
HeartCore Provides Strong Go IPO Updates
SBC Medical Group Holdings -HeartCore Signs Eighth and Ninth Go IPO Clients - Libera Gaming Operations and ICheck Co. NEW YORK and TOKYO, March 16, 2023 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc.
Japan’s Finance Minister Suzuki: In talks with BoJ, taking response to financial situations
Japan's Finance Minister Shunichi Suzuki said prices are weighing on households and that they need to respond to inflation with additional measures. Suzuki said that they are closely coordinating with ...
SVB Failed. Paying Employees in Crypto May Not Be the Answer
And indeed, the price of Bitcoin tanked on Friday as SVB closed. But if you wanted to avoid banks altogether, could you pay your employees in cryptocurrency? It's possible but be careful. Here's what ...
Barney Frank, Signature and crypto’s role in the banking crisis
In the interview, conducted by Fortune Crypto alum Jen Wieczner, Frank makes the startling claim that regulators shut down Signature Bank pour encourager les autres—explaining the expression comes ...
FDIC wants buyer of Signature Bank to give up crypto business, report says
Signature Bank was one of the dwindling financial options for the U.S. crypto industry, even after New York regulators took over the bank and placed it into Federal Deposit Insurance Corporation ...
A Net $3 Billion Was Redeemed From Crypto’s USDC Stablecoin This Week
A net $3 billion was redeemed from USD Coin, crypto’s second-largest stablecoin, from Monday morning through Wednesday in the aftermath of US banking turmoil that buffeted issuer Circle Internet ...
Japan ruling party lawmaker: G7 must share awareness of banking issues
The Group of Seven (G7) advanced economies must keep a close eye on U.S. banking problems although the recent failure of two mid-size U.S. banks is unlikely to have a direct impact on Japan's ...
Ransomware attacks in Japan hit new record in 2022
Of 54 cyberattacks in which ransom payments were sought, 50 involved demands for payment to be made in crypto-assets such as Bitcoin. There were also cases of personal information and passwords being ...