Mizuho Bank has became ensnared in North American legal fallout from Mt. Gox which collapsed last month after losing $400 Million worth of customers’ digital currency.
Mizuho Bank said that it will use the AI tool in the bank’s brokerage unit. The Japanese banking giant will conduct an “ideathon” next month and brainstorm various ways to experiment with the technology.
A report by the Bank of Japan indicates that to be prepared in case of the great need for a CBDC, the bank will launch a feasibility study.
Gold hit its worst single-day decline as its price fell more than 5% but Treasury yields increased. Analysts have tied this movement to the progress in the development of COVID-19 vaccines.
China is poised to pass new national security laws for Hong Kong that could plunge the semi-autonomous territory into its deepest turmoil since it returned to Chinese rule in 1997. The Hang Seng index is down.
Paidy, a Japanese fintech startup that provides instant credit to consumers, has raised $143 million in funding from investors.
Mizuho is launching its new stablecoin pegged to the Japanese Yen in 1:1 ration that will promote the spread of cashless digital systems in the country.
The price analysis of cryptocurrency market suggests Ripple (XPR) is steadily gaining momentum as there are hidden aces up the sleeve that make value of the third biggest digital coin swing upwards.
Mizuho Bank has became ensnared in North American legal fallout from Mt. Gox which collapsed last month after losing $400 Million worth of customers’ digital currency.