A sentencing hearing has been scheduled for Feb. 23, 2024, at 9 a.m. Pacific Time for former Binance CEO Changpeng "CZ" Zhao. The founder of the world's largest crypto exchange was released from custody on a $175 million personal recognizance bond last week.
Binance Dies, And Crypto Is Birthed
With the U.S. government finally prosecuting the largest crypto-criminals, perhaps now cryptocurrencies can emerge from the shadows and grow towards their potential.
Coinbase CEO says crypto industry can turn the page after historic Binance settlement
The crypto industry can close the chapter on a litany of scandals after Binance was hit with a historic settlement, Coinbase CEO Brian Armstrong told CNBC.
Alibaba shuts down quantum lab, donates it to university
Three guesses where DAMO plans to focus research from now on. Yep, you guessed it...AI China's cloud and e-commerce giant Alibaba has shut down its quantum computing laboratory and laid off a number ...
Decline in undeclared crypto holdings in Japan amid rising tax evasion cases
In a dynamic turn of events, Japan witnessed a notable decrease in the average value of undeclared cryptocurrency holdings, coupled with a significant surge in tax evasion cases involving digital ...
Coinbase share price surges as crypto exchange rival hit with $4 billion penalty
Despite some legal troubles of its own, publicly-traded crypto exchange Coinbase took a victory lap as Binance faced the regulatory music.
Average value of undeclared crypto in Japan dropped 19% in 2022
The average value of undeclared crypto holdings dropped from 3,659 Japanese yen (around $245,000) in 2021 to 3,077 yen ($206,000) in 2022.
Regulators and law enforcement crack down on crypto’s bad actors. Congress has yet to act
The cryptocurrency scandals seem to never end, but Washington policymakers show little interest in pushing through legislation to codify the structure of the industry.
Circle partners with SBI to promote USDC adoption in Japan
Circle Internet Financial, the issuer of US dollar-pegged stablecoin USDC, has partnered with Japanese financial services multinational SBI Holdings to expand the adoption of USDC in Japan.
Japan’s TSE starts market maker trial in carbon credit market
Japan's Tokyo Stock Exchange (TSE) said on Monday it has launched a market maker mechanism on a trial basis in the newly-launched carbon credit market to boost liquidity.
Stablecoin Issuer Circle Partners SBI Holdings for USDC Adoption in Japan
Circle Financial, one of the leading stablecoin issuers, has partnered with SBI Holdings to expand its presence in Japan.
China leads Asia market declines as property stocks plunge; Japan service inflation heats up
Investors brace for a slew of economic data this week, including China's November factory activity numbers and inflation readings from Japan and Australia.
New crypto front emerges in Israel’s militant financing fight
A new front has emerged in Israel's fight against the funding of Iran-backed militant groups from Hamas to Hezbollah: A fast-growing crypto network called Tron. Quicker and cheaper than its larger ...
Japan stocks lower at close of trade; Nikkei 225 down 0.62%
Japan stocks were lower after the close on Monday, as losses in the Paper & Pulp, Railway & Bus and Services sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.62%. The best ...
Japan, UK Discussed Global Inflation, Volatile FX, Financial Markets
TOKYO (Reuters) - Top finance officials from Japan and Britain exchanged views and analysis on current global and domestic economic challenges such as elevated inflation and volatile currency and ...
Circle Signs MoU With SBI Holdings to Expand USDC Circulation in Japan
Circle has partnered with financial services firm SBI Holdings to facilitate the strategic expansion of USDC into the Japanese market.