TOKYO, Nov 11 (Reuters) - Japan will invest up to 70 billion yen ($500 million ... Future of Moneycategory EXCLUSIVE Behind FTX's fall, battling billionaires and a failed bid to save crypto, article ...
Citi’s Japan Investment Banking Co-Head Is Said to Leave
Citigroup Inc.’s investment banking co-head for Japan Hirotaka Kato has left the US lender, according to people familiar with the matter. Kato, who also served as financial institutions group head for ...
Australia stocks jump 2%; Asia poised for higher open after U.S. inflation rose less than expected
Shares in the Asia-Pacific are poised to rise Friday after the release of U.S. inflation data in October raised investor hopes that inflation has peaked.
Japan Cracks Down on Local FTX Unit, Freezing Exchange Activity
Japan’s government has ordered FTX.com’s local subsidiary to suspend some of its operations, saying it has no structure in place to properly offer cryptocurrency exchange services to users.
FTX Japan to Go Into ‘Close-Only’ Mode Following Regulator’s Order to Suspend Operations
The Financial Services Agency had ordered the local arm of Sam Bankman-Fried's crypto exchange to halt operations until December following a withdrawal halt.
Japan’s financial regulator requests FTX Japan halt operations
In accordance with Japan's Payment Services Act and Financial Instruments and Exchange Act, the FSA said it had issued suspension and business improvement orders for FTX Japan.
Crypto collapse: it’s looking like a long, cold, contagious winter
And now, after a couple hours of due diligence, it’s looking like no deal. What’s on those books? Binance is the biggest crypto exchange and FTX is the third-largest, so that combo would be real ...
Crypto crash and gold sell-off show there’s no place for investors to hide
The spectacular implosion of cryptocurrency exchange FTX, a so-called unicorn startup that was recently valued at $32 billion, is just the latest bit of bad news for investors in bitcoin, ethereum and ...
AP source; US authorities investigate crypto exchange FTX
The swift collapse of cryptocurrency exchange FTX sent more shockwaves through the crypto world on Thursday, with authorities now investigating the firm for potential securities violations and ...
FTX crypto ETPs suffer precipitous falls
The VanEck FTX Token exchange traded note , the 21Shares FTX Token ETP and the CoinShares FTX Physical FTX Token ETP had combined assets of €27.7mn as of October 31, according t ...
Crypto’s future may be divided, not dead
It also means customers may not recoup their funds. Hence the panic, given the lack of any investor safety net — or lender of last resort — in crypto land. In theory, these problems could be fixed if ...
FTX Japan Ordered by Regulator to Suspend Operations Following Withdrawal Halt
The regulator wants FTX Japan to halt the crypto asset exchange business and stop accepting new customers until Dec. 9, 2022 effective immediately, the order said. The order comes as Sam Bankman-Fried ...
Live news updates: Investors pull $700mn from Tether amid crypto market jitters
FTX chief Sam Bankman-Fried has apologised for the crisis at his crypto exchange and sister trading firm Alameda Research. In a series of tweets published on Thursday, Bankman-Fried said: “I’m sorry.
Regulators punishing crypto firms for FTX’s meltdown ‘makes no sense’ since most trading activity is offshore, Coinbase CEO says
"Punishing US companies for this makes no sense," Coinbase's CEO said, as FTX's blow-up prompts calls for more aggressive regulation of crypto.
Why Is Crypto Crashing? The FTX Saga Explained
After announcing a rescue acquisition of FTX, Binance has pulled out of the deal citing concerns about their business practices and ongoing investigations from US regulators.
What happened to FTX and could the crisis spill over to the rest of crypto?
International exchange for crypto assets is effectively unregulated – and may have been built on sand ...