Category: FINANCE

TOKYO, June 7 (Reuters) - Goldman Sachs Group plans to establish a desk in Tokyo to start trading Japanese power derivatives, two people familiar with the matter told Reuters on Wednesday. More ...

Back-to-back lawsuits against two of the world’s biggest crypto enterprises are sending a chill through the fragile ecosystem of digital assets in the United States.

Digital tokens will likely continue to trade as the agency pushes to bring Binance and Coinbase under tighter federal oversight, an effort that could take years but would upend the decentralized sector if it succeeds.

North Korean hackers were likely behind the theft of at least $35 million from a popular cryptocurrency service, multiple crypto-tracking experts told CNN Tuesday.

The SEC has already brought legal action against two crypto exchanges in 48 hours and crypto prices are climbing.

Securities and Exchange Commission is targeting cryptocurrency firms it thinks are bypassing regulation

The most popular U.S. cryptocurrency exchange is being sued by the SEC for operating illegally. Its stock is sharply lower.

Japan’s biggest lender, Mitsubishi UFJ Financial Group (MUFG), has unveiled plans to introduce and distribute stablecoins backed by banks on various public blockchains.

Kraken cryptocurrency exchange logo is seen in this illustration taken July 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo ...

The SEC announced major lawsuits against the world's largest digital currency exchange, Binance, and the largest U.S.-based exchange, Coinbase.

These charges strike at the very core of investor trust, as Binance is accused of weaving together the functions of an exchange, broker, and clearing agency without

The SEC claimed Gemini and crypto lender Genesis ran a cryptoasset lending programme that was not registered as a securities offering, while the CFTC, the US derivatives regulator, in March sued Binance, accusing it and its chief executive Changpeng Zhao of operating illegally in the US.

The SEC's Chair Gary Gensler shared his feelings about crypto, and explained the rationale around the Binance and Coinbase lawsuits.

A weaker Aussie dollar could attract interest from Japanese investors into buying local bonds, as NSW looks to raise money.

"We'll continue to operate our business as usual," Coinbase said after the suit, which comes one day after regulators levied 13 charges against fellow exchange Binance.

The US Securities and Exchange Commission (SEC) sued the crypto company Coinbase, one day after filing a lawsuit against Binance. Nearly a year after SEC chair Gary Gensler asserted that most cryptocurrencies are,