Days after taking action against Binance and Coinbase, Gary Gensler firms up his stance, likening noncompliant crypto companies to "hucksters" and "scam artists" of the Roaring '20s.
The SEC comes for the crypto bros and the backlash over the PGA Tour-Liv Golf deal
CNN’s Allison Morrow tells “Nightcap’s” Jon Sarlin why the SEC is going after two of the world’s biggest crypto enterprises. Plus, USA Today’s Christine Brennan describes the outrage over the PGA Tour-Liv Golf deal.
FTX’s US Judge Vows to Keep Control of Crypto in Blow to Bahamas
The federal judge overseeing the bankrupt crypto firm FTX vowed to retain control over $7.3 billion in disputed assets, a potential setback for liquidators in the Bahamas seeking to claim to some of the money as part of a separate insolvency case on the island nation.
The SEC is giving the crypto market the clarity it wanted
Binance and Coinbase are two of the largest crypto exchanges in the world. Now they've been accused of acting as unregistered securities traders.
Caution priority for Bank of Japan head
Japan’s bitter memories of its decades-long battle with deflation hang heavily over the central bank’s deliberations to take its first modest step away from ultra-loose monetary policy, even as ...
Japan Introduces Stricter Anti-Money Laundering Regulations on Crypto Transactions
The Japanese government approved a decision on laws regarding crypto. Providing stricter anti-crime restrictions against money laundering.
The World Is Watching the Crypto Cat-and-Mouse
But the lawsuits represent a high-octane acceleration in the ongoing cat-and-mouse power play between crypto exchanges and U.S. authorities, am ...
SEC’s selective justice takes hold on crypto – Gary Gensler on the deck
The SEC and its counterparts – particularly one man Gary Gensler, have proved to the financial world that reality is indeed stranger than fiction. Since the start of the crypto winter, the United ...
Crypto is ‘radioactive waste’ for institutional investors until things get resolved, Shark Tank’s Kevin O’Leary says
Crypto is "radioactive waste" for institutional investors until the SEC crackdown on Binance and Coinbase is resolved, Shark Tank's Kevin O'Leary said.
Analysis-US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice
By Hannah Lang WASHINGTON (Reuters) -Other U.S. crypto exchanges are likely to be in the firing line after the Securities and Exchange Commission (SEC) this week sued Coinbase and Binance, two of the ...
Google Cloud says it will reimburse customers up to $1 million if they’re victims of a crypto-mining scam
The cloud computing arm of Google announced on Thursday that it will reimburse customers for up to $1 million in costs from the unauthorized use of their accounts for crypto mining.
Japan’s stock market is leaving others in the dust this year
Japanese stocks are leaving other major markets in the dust this year. Why it matters: This isn't just a markets story.
Japan’s stockmarket rally may disappoint investors
So far this year, foreign investors have bought ¥3.8trn ($27bn) more in Japanese stocks than they have sold, the most since 2013. Beneficiaries include Japan’s cheaply priced value stocks, such as the five sogo shosha (general trading companies) that Mr Buffet has bought stakes in.
5 things to know for June 7: Pence, Hazardous air, Virginia shooting, Ukraine, Crypto
Many Americans are living paycheck to paycheck with little to no savings to cushion the blow of a job loss, medical emergency, or an unexpected event. If you ever find yourself in this type of ...
Japan stocks lower at close of trade; Nikkei 225 down 0.85%
Japan stocks were lower after the close on Thursday, as losses in the Precision Instruments, Machinery and Marine Transport sectors led shares lower. At the close in Tokyo, the Nikkei 225 fell 0.85%.
IPO Update: Solowin Seeks IPO Despite Declining Revenue
Solowin Holdings has filed proposed terms to raise $15 million in a U.S. IPO. The firm provides securities brokerage and related services to Chinese investors. SWIN has produced declining revenue ...