The U.S Securities and Exchange Commission filed a lawsuit on June 5 against Binance, the largest cryptocurrency exchange, accusing it, among other things, of having mixed customer funds.
Genesis Judge Rejects FTX Demand to Join Crypto Bankruptcy Talks
FTX Trading Ltd. cannot join confidential mediation sessions between bankrupt crypto lender Genesis Global Holdco and its parent company Digital Currency Group, a judge ruled Monday.
SEC sues Binance and founder CZ, and JPMorgan turns to blockchain in India: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.
Japan crypto exchanges hit with tougher money laundering curbs
New Japanese cryptocurrency rules that require the sharing of customer information between exchange operators have taken effect in an effort to crack down on money laundering. The self-regulatory ...
SEC Accuses Crypto Giant Binance of Misusing Billions in Customer Funds
Accusing Binance of misleading customers and misusing funds, the SEC said the company was able to control customer assets and move them around as it pleased. Binance allegedly diverted some of those funds to a separate entity Zhao owned,
It’s now or never to regulate crypto, warn MPs
Time is running out to regulate the crypto industry before more consumers are put at risk and the UK becomes uncompetitive, MPs have warned. The government has just 12-18 months to introduce fresh crypto rules before being “left behind” as businesses look to set up and grow elsewhere,
6 investors explain why they are bullish about Japan’s startup scene despite an uncertain economy
We spoke to 6 investors who have active investments in Japan about the current state of startups and the progress made in the last few years.
South Korea, Japan bank on improved ties to counter North Korea
The administration of South Korean President Yoon Suk Yeol has sought stronger bilateral ties following years of a frosty relationship with Japan.
Crypto and blockchain technology can be crucial tools that help keep AI from running wild, Coinbase says
Coinbase's David Duong said blockchain could help with a myriad of issues that arise with the use of AI, notably the spread of misinformation.
Exclusive: Crypto giant Binance controlled ‘independent’ U.S. affiliate’s bank accounts
A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange’s purportedly independent U.S. affiliate, including an account that held American ...
This SME IPO surges 100% on market debut; do you own it?
Post listing, HSIL shares opened 90% higher at ₹171 against the IPO price of ₹90 on the BSE. During the session, the SME stock touched an intraday high and low of ₹179.55 and ₹171, respectively. On ...
Japan’s Nikkei Hits New 33-Year High After U.S. Jobs Data Brighten Outlook
Investors have found plenty of reasons to buy Japanese stocks this year, and a robust U.S. jobs report was as good as any. The Nikkei Stock Average rose 2.2% to 32217.43 on Monday, closing above the ...
Japan’s Largest Bank Launches Stablecoin Platform For Banking Institutions
With the help of Progmat Coin, banks will be able to issue their own stablecoins on blockchains like Cosmos, Avalanche, Polygon and Ethereum with more networks to be added soon.
Roundup: Japan’s Nikkei hits 33-year high as Wall Street’s gains lifts sentiment
Japan's benchmark Nikkei stock index ended at a 33-year high on Monday as investor sentiment was lifted by Wall Street's gains late last week on upbeat labor data. The 225-issue Nikkei Stock Average ...
Crypto Week Ahead: Bitcoin, Ethereum See Slumps Despite Market Expectations; Market Woes May Continue
Over the past seven days, Bitcoin (BTC) price achieved a high of $28,016.59. ( Image Source : WorldSpectrum/Pixabay ) ...
Sanctioned Russian Bank Launches Cross-Border Crypto Payments Despite Ban
Rosbank said that while the initiative is already rolling out, transactions are in compliance with the country's legislative requirements, the guidelines provided by the central bank , as well as the ...