While Chatterjee did not share broader valuation details of the fundraise, as per an MUFG Bank release, it has invested Rs 1,910 crore, or around $232 million, in the funding round.
Bitcoin And Crypto Are Suddenly Braced For A $1 Billion U.S. Earthquake After Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana Price Surge
After the U.S. dumped $215 million worth of seized bitcoin on the market last month, bitcoin and crypto traders are braced for another $1 billion bitcoin sale this ...
Crypto Crackdowns Will Continue, But Innovation Can Survive
It is safe to say that the crypto space is in the middle of a crackdown, with the Commodities and Futures Trading Commission joining the Securities and Exchange Commission by suing both Binance and ...
Crypto market stays flat as Binance faces legal trouble and Citi predicts tokenisation boom
While the CFTC went after the leading cryptocurrency exchange, investment bank Citi has predicted that the tokenisation of real-world assets will become the next significant use case in the crypto ...
Hong Kong’s crypto comeback should make the U.S. uneasy
Hong Kong's pivot back to crypto comes as the U.S. risks overplaying its hand when it comes to global financial regulation.
First Mover Americas: Bitcoin’s Within Range of $30K
“While bitcoin will continue to test the $30K line ... effectively rendered Voyager immune by exculpating it from breaches of tax or securities law. Japan's Financial Services Agency said in a warning ...
Japan Regulator Flags Four Crypto Exchanges Including Bybit for Operating Without Registration
The notice said the exchanges were in violation of the country's fund settlement laws at the time of issuing the warning letter by "conducting crypto asset exchange business without registration." The ...
Japan’s FSA steps up crypto regulation with warnings to Bybit, other exchanges
Cryptocurrency exchange Bybit has been ordered to comply with Japan's regulatory requirements and cease offering services to Japanese residents, after Japan's Financial Services Agency issued a warnin ...
Crypto roundup: Bitcoin drops as US plans to sell over 41,000 BTC
Bitcoin has fallen below $28,000 as regulatory action against the crypto industry intensifies and the US government announces a schedule to sell 41,490 BTC in 2023.
Law firm Jenner hires crypto leader as industry faces regulatory heat
U.S. law firm Jenner & Block said Monday it hired a former U.S. prosecutor from rival Paul Hastings to help lead its financial technology and cryptocurrency practice, as the U.S. government ...
Japan shares higher at close of trade; Nikkei 225 up 0.52%
Investing.com – Japan equities were higher at the close on Monday, as gains in the Precision Instruments, Steel and Shipbuilding sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 ...
Japanese stocks end higher as energy shares rise tracking oil prices
Japanese stocks closed higher on Monday, tracking Wall Street's strength at the end of last week, underpinned by gains in energy-related shares after oil prices jumped on a surprise production cut by ...
Chinese Premier Li Qiang urges Japan to rid relationship of threats after Tokyo vowed tech restrictions
Japan has pledged not to decouple from China as Chinese Premier Li Qiang called for threats to their economic relationship to be eliminated during a meeting with Japanese foreign minister Yoshimasa ...
Japan’s MUFG Bank leads $400 million round in DMI Finance
DMI Finance Private Limited, a New Delhi-based non-banking financing company (NBFC), has raised a $400 million equity investment led by Mitsubishi UFJ Financial Group, Inc through its consolidated ...
Japan’s PM Kishida: Country’s financial system is generally stable
Japan's financial system is generally stable,” the country’s Prime Minister Fumio Kishida said in a statement on Monday. PM Kishida said, “we are to pay close attention to foreign and domestic markets ...
China-Born Crypto Mogul Justin Sun Tries to Allay Doubts as Huobi-Linked Bet Frays
The enigmatic crypto entrepreneur Justin Sun tried to clarify the hazy outlook for Huobi Global, a major digital-asset exchange, as the platform’s native token struggles despite a wider rally in ...