Agency says Genesis Global Capital and Gemini Trust improperly raised billions of dollars in crypto assets from investors
Earlyworks Proposes $6 Million U.S. IPO Plan
Earlyworks Co., Ltd. has filed proposed terms for a $6 million U.S. IPO. The firm develops blockchain tech for enterprise applications. Click for more on ELWS.
Business Calendar: much ado in Tokyo and Davos
STORY: From a central bank under pressure in Japan, to a snowy gathering for the global elite, these are the business and finance stories to watch out for in the coming days. The Bank of Japan holds a ...
Vietnam requests aid from Japan for mega railway, refinery projects
Vietnam has asked Japan for support in building a high-speed railway that runs along the country's length, the government said late on Friday.
The Week Ahead — China Q4 GDP, Bank of Japan, UK CPI and wages, Ocado and Netflix earnings
UK CPI (Dec) – 18/01 – after the peak of 11.1% in October, headline CPI fell back to 10.7% in November in a welcome sign that we could well be past the peak. Recent falls in oil and gas prices are ...
Japan’s Goto: Eight economists will join sessions of economic council for policy discussions
Japan Economy Minister Shigeyuki Goto announced on Friday that eight economists are expected to join the upcoming special sessions of the council on economic and fiscal policy to discuss longer-term ...
Environmental group sues New York for approving crypto mining facility
Lawsuit argues move to allow energy-intensive cryptocurrency miner to take over power plant violates state’s 2019 climate law
Crypto.com announces it will lay off 20% of workforce
Crypto.com, one of the most prominent cryptocurrency exchanges, announced Friday it was laying off 20% of its workforce in what appears to be more evidence of the meltdown of the industry.
Crypto Bankruptcies Are Very Complicated
CoinDesk’s fees for Public Access to Court Electronic Records (PACER) went up tenfold over the past few months. You can probably guess why. A lot
$100 Billion Crypto Price Boom Sees These Coins Leave Bitcoin And Ethereum In The Dust
Bitcoin BTC and ethereum, the two largest cryptocurrencies by a large margin, have rocketed higher this week—helping the combined crypto market add around $100 billion. The bitcoin price has added 12% this last week,
DesignFuture Japan and Locus Robotics to deploy autonomous mobile robots in Japan
Locus Robotics has deployed innovative, ESG-friendly AMRs at more than 250 sites world-wide and has picked more than 1.3 billion items This is the first deployment for Locus in the Japanese market and ...
Japan’s 10-Year Government Bond Yield Breaches New Cap
Strong inflation data have sparked speculation among investors that the BOJ will lift the cap again, or even scrap its yield-curve control policy altogether.
The S.E.C.’s Crypto Crackdown Intensifies
The agency has charged the crypto trading firms Genesis Global Capital and Gemini with operating an illegal lending service that lost customers millions.
The Download: crypto in the Congo, and a chip design milestone
Why Congo’s most famous national park is betting big on crypto In eastern Congo, a guard carrying a heavy AK-47 is a rare authority figure in a largely lawless region—a ranger who usually patrols Virunga National Park,
Feuding crypto giants Genesis and Gemini have been sued by the SEC for ‘unregistered offer and sale of securities’
"We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors," the SEC said.
Bank of Japan buys more government bonds after 10-year yield breaches 0.5% cap
The yield on benchmark 10-year Japanese government bonds breached the 0.5% cap set by the Bank of Japan less than a month ago ...