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,
In Japan, the sun rises again on equities
We have seen eight solid weeks of inflows from foreign investors - two-thirds of which were into stickier cash equities as opposed to futures - and both the Nikkei and TOPIX indexes are near multi-decade highs.
Roundup: Japan’s Nikkei ends higher on hopes for continued BOJ ultra-easy policy
Japan's benchmark Nikkei stock index closed higher Tuesday on hopes that the Bank of Japan (BOJ) will maintain its ultra-easy monetary policy following the release of downbeat wage data, while eased concerns over the U.
World Bank sees major economies growing at much slower pace thanks to higher rates and banking stress
Growth forecasts for advanced economies project just 0.7% increase this year, down from 2.6% estimated growth in 2022.
$100 Billion Crypto Price Crash Sparks Serious Coinbase Warning As Bitcoin And Ethereum Plummet
The SEC's complaint against Binance could be setting a precedent for a similar lawsuit against Coinbase, the largest U.S. crypto exchange that listed shares in
Crypto Prices Plunge As Sector Grapples With Fallout From SEC’s Binance Lawsuit
The powerful financial regulator accused Binance and its billionaire chief Changpeng Zhao of misusing investor funds and of weaving an “expansive web of deception.”
Coinbase Tumbles As SEC Files Lawsuit, Tightens Crypto Market Grip
We allege that Coinbase, despite being subject to the securities laws, commingled and unlawfully offered exchange, broker-dealer, and clearinghouse functions," the SEC said.
Kraken says systems operational after issue with crypto gateways
(Refiles to remove unrelated Refinitiv Instrument Code) (Reuters) -Cryptocurrency exchange Kraken said on Tuesday that it had resolved an outage that affected several funding gateways including Bitcoin,
Crypto Collaborations Hint at Blockchain as Mainstream Tech in 2023-24
Crypto platforms like Jasmy are setting the stage for 2023-24, putting the spotlight on Blockchain as the preferred technology for brands,
Crypto World Sends a Loud Message to the Government
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.