(Bloomberg) -- Ken Griffin’s hedge fund firm Citadel is planning to set up a team in Tokyo, returning to Japan more than a decade after it shuttered operations there during the global financial crisis ...
Japan weighs forming digital yen feasibility panel in April
While the Bank of Japan says there are no concrete plans yet to issue a digital yen, the Finance Ministry is finalizing plans for the panel of experts to be established as soon as April.
A $3 Trillion Threat to Global Financial Markets Looms in Japan
A recent Bloomberg survey showed 41% of BOJ watchers see a tightening step taking place in June, up from 26% in February, while former Japan Vice Finance Minister Eisuke Sakakibara said the BOJ may ...
North Korean APT43 hackers target organizations to launder crypto using cloud
Cybersecurity researchers have shared details on a North Korean state-sponsored hacking group that’s been operating in the shadows for five years now. Called APT43, the group was seen targeting ...
SEC files charges against crypto platform Beaxy.com founder Artek Hamazaspyan
Last week, the SEC charged Tron founder Justin Sun for allegedly promoting and manipulating unregistered crypto assets. "The Securities and Exchange Commission today charged the crypto asset trading ...
Top Fiat Currencies Used to Trade Bitcoin
The most-traded national currencies for Bitcoin are the U.S. dollar, the South Korean won, the Japanese yen, and the European Union's euro. Due to government regulations, the Chinese yuan holds 0% of ...
Mizuho and Line to scrap online bank project in Japan
TOKYO -- Mizuho Financial Group and messenger app Line are preparing to abandon plans to develop smartphone-based Line Bank, Nikkei learned on Wednesday, after cost overruns and delays allowed ...
Japanese Man Pays Heavy Fine Worth 11,000 For Smoking 4,500 Times On Job In 14 Years
Osaka: A Japanese civil servant landed in hot waters for smoking on the job more than 4,500 times in 14 years. The man was hit with a fine worth around $11,000 for the same.A report by The Straits ...
Bitcoin rebounds above US$28,000, XRP leads gains among top 10 cryptos
Bitcoin rallied above US$28,000 in Wednesday afternoon trade ... Hong Kong’s Hang Seng Index rose 2.06% and Japan’s Nikkei 225 gained 1.33%. The Shanghai Composite lost 0.16% while the Shenzhen ...
As the crypto industry warns of offshoring, Binance represents the worst-case scenario for U.S. regulators
Proof of State is the Wednesday edition of Fortune Crypto where Leo Schwartz delivers insider insight on policy and regulation. With the crypto industry facing a deluge of regulatory backlash, the ...
Japan stocks higher at close of trade; Nikkei 225 up 1.33%
Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Railway&Bus, Rubber and Pharmaceutical Industry sectors led shares higher. At the close in Tokyo, the Nikkei 225 ...
Roundup: Japan’s Nikkei ends higher on ex-dividend stock buying, Softbank soars
TOKYO, March 29 (Xinhua) -- Japan's benchmark Nikkei stock index closed higher Wednesday as investors sought out issues before going ex-dividend, with the market receiving support from heavyweight ...
Japan digital bank IPO defies market downturn
TOKYO -- SBI Sumishin Net Bank on Wednesday became the first Japanese digital bank to go public, an indication that small online lenders now play a growing role in spreading embedded financial ...
Charles Schwab Has 7 Trillion Reasons To Study Japan
But the real clues may come from Japan, which is suffering from a similar amount of aversion to financial change. The ways in which the Fed’s rate hikes slammed Silicon Valley Bank and Signature Bank ...
Japanese Employee Fined Over $11,000 For Taking Smoke Breaks 4,512 Times In 14 Years
According to a report by The Straits Times, the authorities in Osaka laid down the law on the 61-year-old employee, along with two colleagues in the prefecture's finance department, by enforcing a 10 ...
The Screed Against Crypto
This year’s Economic Report of the President, which the White House put out this month, contains a new chapter: a 35-page screed against cryptocurrency.