China’s Inner Mongolia has banned cryptocurrency mining and declared its intention of shutting all such projects by April, spurring fears the world’s No. 2 economy will take more steps this year to ... ( read original story ...)
Top crypto lawyers – Walmart lures Goldman bankers – Wall Street moves of the week
The top finance stories for March 1, including the latest news on Carlyle's five-year effort to improve diversity at Novolex. ( read original story ...)
Japan’s Mizuho restores ATMs, online banking after glitch halts services
Mizuho Bank, one of Japan's major retail banks, said on Monday it had restored cash machines and online banking services after a data glitch closed down about 80% of its automated teller machines ... ( read original story ...)
An ‘industry custom’: Little-known fees help Japan trust banks dominate profitable niche market
When Japan’s Honda Motor Co. Ltd. stopped using Sumitomo Mitsui Trust Bank Ltd. as its stock transfer agent last year, the lender slapped it with a roughly $4 million termination fee, according to two ... ( read original story ...)
Japan debates fresh cash payouts to help the poor cope with COVID-19 pandemic: Sources
Japanese government and ruling party officials are discussing possible additional cash payouts to low-income households to help them cope with the ... ( read original story ...)
Bank of Japan Shares May Have Become the Latest Meme Stock
GameStop. Nokia. The Bank of Japan?Japan’s central bank joined the ranks of equities with puzzling surges in valuation led by retail investors on Monday, as its shares surged by their daily limit. The ... ( read original story ...)
5 Things I Wish I Knew Before Getting Into Crypto
Bitcoin and the cryptocurrency industry have gained popularity in recent months, in tandem with Bitcoin’s price journey up to $50,000 and beyond. Given the likely influx of new market participants, ... ( read original story ...)
Cheers in Asia as stocks jump, Nikkei 225 adds 697 points
SYDNEY, NSW, Australia - Stocks in Asia were sharply higher on Monday, while profit-taking trimmed recent gains in the U.S. dollar. In Japan, the Nikkei 225 led the way with a major 697.49 points or 2 ... ( read original story ...)
The Newest Meme Stock Might Be Shares in the Bank of Japan
GameStop. Nokia. The Bank of Japan?Japan’s central bank joined the ranks of equities with puzzling surges in valuation led by retail investors on Monday, as its shares surged by their daily limit. The ... ( read original story ...)
Japan’s Mizuho Bank continues to face ATM issues after card-eating glitch
The system failure began Sunday and by around 8 p.m., some 3,000 of its 5,400 ATMs had stopped functioning and failed to return customers' cash cards. ( read original story ...)
FSA to Order Mizuho Bank to Report on Nationwide ATM Failure
Japan's Financial Services Agency decided Monday to issue an order under the Banking Act for Mizuho Bank to report on a system failure that left its customers unable to withdraw cash from ATMs across ... ( read original story ...)
Japan’s Nikkei 225 jumps 2%; data show China factory activity growth slowed in February
Both the official as well the Caixin/Markit manufacturing Purchasing Managers' Index showed manufacturing activity growth slowing in February. ( read original story ...)
Bitcoin Miners Net Position Turn Positive: A Crypto Bull Case?
Bitcoin in Downtrend After another week of turbulent market volatility, the cryptocurrency market saw severe drops with Bitcoin (BTC) and its peers ... ( read original story ...)
Crypto Long & Short: How Coinbase Going Public Is Reshaping Trust in Markets
The data divulged in Coinbase’s long-awaited S-1 filing is eye-opening. But it’s what the document means for the crypto markets of today and the capital markets of tomorrow that is more meaningful. ( read original story ...)
Japan’s Nikkei 225 jumps 2%; China says its factory activity growth slowed in February
A private survey on Chinese manufacturing activity is set to be released, with the Caixin/Markit manufacturing PMI expected at 9:45 a.m. HK/SIN on Monday. ( read original story ...)
Crypto Exchange INX to Raise C$25M, List on TSVX for ‘Added Credibility’
The exchange made history last year by conducting an initial public offering (IPO) on the Ethereum blockchain. ( read original story ...)