By Wayne Jones Arthur Hayes published a new essay this week arguing that the US Treasury and Japan’s Ministry of Finance have settled on a single method to strengthen the yen: running newly printed dollars through the Federal Reserve’s currency swap facility. Hayes says the mechanics point to a wave of dollar liquidity hitting the […]
Tag: Japan
Key highlights: Mirae Asset has purchased shares of the South Korean crypto exchange Korbit. The company intends to buy more shares according to a revised filing. Many financial companies have already entered into the South Korean crypto space. South Korean financial giant Mirae Asset Consulting has reportedly completed its acquisition of a controlling stake in […]
By Dimitar Dzhondzhorov The second-largest meme coin boosted its worldwide popularity thanks to a major initiative from Japan. However, the SHIB Army was left disappointed after previously expecting a global money manager would launch a SHIB exchange-traded fund (ETF). The token’s price has been sliding sharply over the past several months, and certain factors suggest […]