Buffett bought shares of Japan's five largest trading companies, namely Mitsui & Co., Mitsubishi Corporation, Sumitomo Corporation, Itochu Corporation and Marubeni Corporation. From the perspective of returns, the shares of the five major trading companies, denominated in yen, have increased by at least 2 times and at most nearly 5 times.
JinseFinanceHistorically, every time the Japanese yen raises interest rates, it will be the last straw for the United States to refuse recession. Could it be that this time is another "this time is different"?
JinseFinanceWhat do some domestic industry media mean by the so-called legalization of crypto assets in Japan?
JinseFinanceJapan's revised tax laws streamline corporate crypto taxation, aligning with investor norms and aiming to spark domestic entrepreneurial growth.
Hui XinSince 2017, Binance has been striving to obtain a phased 'partially legal' status in certain global regions through diplomacy, acquisitions, joint investments, philanthropic funding, and other means.
CaptainXBinance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
CaptainXBinance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
CaptainXU.S.-based crypto exchange Coinbase will scale back most of its operations in Japan.
decryptOne of Japan’s largest utility providers is teaming up with crypto miners to power mining using excess electricity on its grid.
BeincryptoJapanese regulators are set to introduce new remittance laws that will bar criminal entities from using crypto exchanges to launder money.
Finbold