Search Results for "decline"
Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019
bitFlyer, a Tokyo based cryptocurrency exchange reported a loss of $6.9 million after suffering a loss in customers amidst regulatory issues with the financial services agency of Japan. The company is doing all it can to stand strong and successfully survive this downtime.
Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram
Financial giant, Western Union is in discussions to acquire cross-border payments company MoneyGram according to an anonymous source close to the deal.
Japan Aims to Curb the Potential Influence of China’s Digital Currency With Help From the US
Aiming to curb the potential influence of China’s digital currency electronic payment, its nation’s central bank digital currency, Japan is looking to release its own digital currency proposals today. According to Prime Minister Shinzo Abe, the country is also requesting support from the US Federal Reserve.
Wuhan Coronavirus Outbreak Could Cause Potential Disruption to the Crypto Market
Since the coronavirus patient was identified on Dec. 8, 2019, in Wuhan, the capital of Hubei province in China, the virus has since claimed at least 100 lives. According to crypto research firm Chainalysis, China has the status as a crypto investment hub, as it houses the most crypto exchanges in the Asia-Pacific region, which has 40 percent of the world’s top 50 exchanges.