President of the global financial crimes watchdog, T. Raja Kumar, urged G-7 leaders to "effectively" implement FATF's crypto anti-money laundering norms ahead of their meeting this weekend.
From Crypto Billionaire to Fugitive
The law finally caught up with disgraced founder Do Kwon in Eastern Europe. Will he stick around to face justice?
Embattled Crypto Broker Voyager to Return $1.3 Billion to Customers
This week, a bankruptcy court gave the greenlight for the bankrupt crypto broker Voyager to return approximately $1.33 billion to a long line of creditors. Voyager’s official committee for creditors ...
What is the future of crypto?
Now some practitioners are asking if the technology behind digital currencies could hold the key to the future of the internet. What is the future of crypto?
Former CFO of Seattle startup accused of diverting $35 million, losing it after investing in crypto
The former chief financial officer of a well-funded startup based in Seattle, Washington, allegedly took $35 million from the company and lost it while investing in cryptocurrency.
Ripple CEO says more crypto firms may leave U.S. due to ‘confusing’ rules
More crypto firms may leave the U.S. for more progressive jurisdictions like Europe if regulators continue to crack down on them, said Ripple CEO.
Future of Finance: PwC’s Oliver on how ‘fintech is becoming crypto’—and approaching the point where ‘there is no paper money’
The PricewaterhouseCoopers partner also said that when the dust finally settles, most of the biggest names in finance won’t be going anywhere.
The Crypto Market Is a Gamble. Regulating It Shouldn’t Be.
A panel of UK lawmakers has suggested regulating retail crypto trading as if it were actual gambling, rather than an extension of financial services. While gambling parallels go back to the earliest ...
Roundup: Japan’s Nikkei ends at fresh 20-month high as chipmakers, exporters gain
Japan's benchmark Nikkei stock index extended gains for a sixth-straight day on Thursday to end at a fresh 20-month high, as chip-linked issue found favor, while trade data buoyed the mood and helped ...
Japan stocks higher at close of trade; Nikkei 225 up 1.60%
Japan stocks were higher after the close on Thursday, as gains in the Communication, Paper & Pulp and Transport sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 1.60% to hit a ...
Japan’s Nikkei closes at 20-mth high spurred by chipmakers’ investment plans
The Nikkei stock market in Japan rose for a sixth consecutive session on Thursday, as investors cheered chipmaking investment plans and reasonable April trade data. The gains are the second such ...
Tokyo Meeting Highlights Democracies’ Push to Secure Chip Supplies
Executives from Intel, TSMC and Samsung meet Japan’s prime minister ahead of the G-7 summit in Hiroshima. ( read original story ...)
Bear attack suspected after fisherman vanishes, human head found near lake in Japan
Police said a fisherman went missing at Lake Shumarinai in Japan's northernmost main island of Hokkaido, Japan's Kyodo news agency reported. Toshihiro Nishikawa, 54, reportedly went to fish by himself on the lake and a boat operator later saw a bear with waders — long rubber boots often worn by anglers — in its mouth. ( ...
First Thing: Japan PM prepares push for nuclear weapons pledge in Hiroshima
Ukraine war and China’s Taiwan ambitions are expected to dominate G7 discussions, but Fumio Kishida will have a powerful backdrop. Plus, the rise and fall of Rudy Giuliani ( read original story ...)
Leaders Begin Arriving in Japan for Meeting of G-7 Nations, With War in Ukraine High on the Agenda
Japanese Prime Minister Fumio Kishida arrived in Hiroshima on Thursday as he prepared to welcome world leaders to the Group of Seven meeting in the western Japanese city that was the site of the world ( read original story ...)
Japan to invest almost £18bn in UK
Rishi Sunak is visiting the G7 summit in Hiroshima, Japan, where he will be discussing with other nations about ways to stimulate economic development. Ukraine and the Indo-Pacific region will also ... ( read original story ...)