Private lawsuits could help determine whether digital tokens should be treated as securities like stocks and bonds. ( read original story ...)
Former Binance executives launch $100M crypto fund
A group of former executives from Binance, one of the largest cryptocurrency exchanges globally, has created a $100 million venture fund, the team told TechCrunch on Thursday. Old Fashion Research ... ( read original story ...)
Crypto On May 26: Top Tokens Slide Amid ‘Lack Of Economic Catalysts And Persisting Inflation’
Industry experts believe that a "lack of economic catalysts and persisting inflation" has led to the downside of the market. The global market cap was down 0.97% at $1.25trillion as of 4.10 a.m. ET, ... ( read original story ...)
How Crypto is Using the Behavioral Dynamics of Bernie Madoff’s Fraud
The SEC thereafter changed its story line. Madoff and crypto share an extensive number of behavioral dynamics. Madoff had prominent clients of swank country clubs vouching for him. Madoff also had ... ( read original story ...)
Crypto billionaire could spend $1B for Democrats in 2024 election
Crypto billionaire Sam Bankman-Fried says he may be willing to back the Democratic Party with upwards of $1 billion if candidates like Donald Trump run in 2024. ( read original story ...)
MBC Group and region’s leading crypto exchange BitOasis partner to launch crypto educational drive across MENA
BitOasis, the Middle East and North Africa's (MENA) leading crypto-asset trading platform, has entered into a strategic partnership with MBC Group, the largest and leading media company in the MENA ... ( read original story ...)
Japan’s MUFG Bank gets nod to set up branch at GIFT City
MUFG Bank has obtained necessary approvals from the International Financial Services Centre Authority in India and the Financial Services Agency in Japan, to open a branch at GIFT City. ( read original story ...)
Japan opens second breast milk bank to nourish babies with low birth weight
A new large-scale breast milk bank recently opened in Tokyo to help prematurely born babies with low birth weights. The opening comes amid growing demand and increasing awareness about the nourishment ... ( read original story ...)
MUFG Bank gets IFSCA nod to open a branch at GIFT City
Japan's MUFG Bank will soon start lending operations in foreign currencies from the GIFT-IFSC at GIFT City in Gujarat. Mitsubishi UFJ Financial Group, Inc. (MUFG)'s MUFG Bank, Ltd on Thursday informed ... ( read original story ...)
Japanese lender MUFG Bank to set up a branch in GIFT City, sixth in India
Japanese lender MUFG announced the setting up of an investment fund totaling $300 million for start-ups in India ... ( read original story ...)
Pair of Yubari melons fetches 3 million yen at 1st auction of season at Sapporo market
A pair of melons harvested in Hokkaido sold for 3 million yen (about $23,600) at the first auction of the season at a market here on May 26 ... ( read original story ...)
Tokyo registers 3,391 new coronavirus infections on May 26
The Japanese capital reported 3,391 more coronavirus infections on May 26 after registering 3,929 cases the previous day, the Tokyo Metropoli ... ( read original story ...)
COVID-19 tracker: Tokyo reports 3,391 new cases as downtrend continues nationwide
COVID-19 cases on Thursday, down by about 800 from a week before as a nationwide downtrend in infections continues. The capital marked a week-on-week drop in new cases for the 13th consecutive day. ( read original story ...)
Japan Set to Allow Some Foreign Tourists From June, Reports Say
Japan is set to admit some package tourists from overseas starting June 6, broadcaster TV Asahi reported Thursday, in the latest step to ease controls that were introduced in a bid to limit the spread ... ( read original story ...)
JPMorgan Sees Bitcoin’s Fair Value At $38,000; Crypto Now Preferred Over Real Estate
Analysts at JPMorgan Chase & Co have reportedly forecast potential upside for Bitcoin (CRYPTO: BTC) and other cryptocurrencies in the months to come. ( read original story ...)
Crypto collapse ‘wake-up call’ and ‘opportunity to reset,’ top bank regulator says
Acting Comptroller of the Currency Michael Hsu said this week that hype is a serious risk for crypto and likened certain crypto transactions to Ponzi schemes, warning that the crypto space is very ... ( read original story ...)