Japan spent a record ¥9.8 trillion ($62.2 billion) in the past month to prop up the yen, surpassing the amount it used in 2022 to defend the currency after it fell to a 34-year low against the dollar. The finance ministry disclosed figures Friday for the ...
SEC warns crypto exchanges: disclosures won’t shield violations, lawsuits loom
“Crypto exchanges are engaging in practices that would never be allowed on the NYSE [New York Stock Exchange],” Gensler told CNBC. “Our laws don’t permit exchanges to trade against their customers, yet this is happening in the crypto space.”
Robinhood acquires global crypto exchange Bitstamp for $200M
Stock-trading platform Robinhood is diving deeper into the cryptocurrency realm with the acquisition of crytpo exchange Bitstamp. Robinhood said it ...
He taught at MIT, worked at Morgan Stanley, and convinced Bill Ackman and Galaxy to back his $200 million crypto fund by his early 30s. His future is now in jeopardy
How Shima Capital’s fast-and-loose approach to compliance alienated its backers and could run afoul of the SEC.
Robinhood Doubles Down on Crypto With Deal for Bitstamp
The deal for the crypto exchange comes a month after Robinhood disclosed that it received a so-called Wells notice that the regulator is preparing to sue the company over alleged ...
The U.K. Is Staking Its Crypto Credentials On DeFi Staking
The outcome of any regulation may very well have profound effects on Web3 and the U.K.'s ability to compete in digital markets and attract talent and capital.
Japanese Crypto Exchange Secures $320M to Compensate Users After Major Hack
DMM Bitcoin, a Japanese cryptocurrency exchange recently hacked for $320 million worth of Bitcoin, has announced plans to raise 50 billion yen ($320 million) to compensate users for their losses. The ...
Japan’s Nikkei jumps as chip-related shares track US peers higher
Japan's Nikkei share average rose over 1% on Thursday, led by Tokyo Electron and other chip-related stocks tracking U.S. peers higher.
BOJ’s Nakamura warns Japan may miss price goal from 2025
Japan may see inflation fall short of the central bank's 2% target next year if consumption stagnates, its dovish policymaker Toyoaki Nakamura said on Thursday, highlighting uncertainty over the ...
Japan may miss BOJ’s price target from 2025, says policymaker Nakamura
Bank of Japan (BOJ) board member Toyoaki Nakamura said on Thursday that inflation may fall short of the central bank's 2% target from fiscal 2025 onwards, if consumption weakens and discourages firms ...
U.S. crypto advocacy group tops 1 million members after Biden veto
Stand with Crypto, an advocacy organization for voters who own cryptocurrencies, saw its membership surpass 1 million on Wednesday, as crypto backers push politicians to create a new regulatory ...
AI’s insatiable data-center demand makes crypto miners targets
The growth of artificial intelligence has pushed companies in the field to search for more space in data centers.
3 Low Cap Crypto Presales to Watch This Bull Run – $SEAL, $PLAY, and $WAI
Three low-cap crypto ventures are generating excitement due to their real-world applications, successful presales, and huge upside potential. Experts predict these projects could surge 50x to 100x in ...
3 Leading Japanese Growth Companies With Up To 35% Insider Ownership On Tokyo Stock Exchange
Amid a backdrop of mixed weekly returns and ongoing monetary policy adjustments, Japan's market landscape presents a complex yet intriguing environment for investors. High insider ownership in growth ...
Short seller Scorpion Capital accuses Japan’s most actively traded company of being the ‘largest outright fraud in the world’
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House Republicans demand return of crypto executive detained by Nigerian government
Tigran Gambaryan, an executive with Binance, was arrested by the Nigerian government in February, after meeting with them to discuss the exchanges compliance issues within the country ...