Cryptocurrency exchange boss says firm is ‘right on the law, confident in the facts, and welcomes the opportunity to get before a court’
Coinbase falls after US SEC threatens to sue over some crypto products
Shares of Coinbase Global Inc fell 13% in premarket trading on Thursday after the U.S. Securities and Exchange Commission issued a notice declaring its intent to recommend an enforcement action against the crypto exchange's products.
Crypto fugitive Do Kwon arrested in Montenegro, says interior minister
We’ll send you a myFT Daily Digest email rounding up the latest Do Kwon news every morning. Authorities in Montenegro have arrested an individual believed to be South Korean fugitive Do Kwon, the crypto entrepreneur behind the $40bn implosion of the terraUSD and luna digital tokens last year.
The SEC’s recent moves against Coinbase and celebrity endorsers show the agency is getting serious about clamping down on crypto
told Insider that while the SEC cracks down on the crypto industry, other major economies like the EU, Japan, and the UK are actively working to settle on a regulatory pathway forward for the sector. ...
Crypto Council CEO Comments on Possible SEC Enforcement Action Against Coinbase Following Wells Notice
The EU has its landmark MiCA regulation, Japan is getting ready to issue further guidance, the UK is making moves to be a crypto hub, and Hong Kong is doing the same. Are we really going to allow one ...
Bitcoin, Ether, Forkast 500 NFT index fall, gold rises, as Janet Yellen rules out broad bank deposit insurance
Bitcoin and Ether fell during Asian trading hours on Friday ... The Shanghai Composite rose 0.64%, the Shenzhen Component Index rose 0.94%, Japan’s Nikkei 225 slid 0.17% and Hong Kong’s Hang Seng ...
Stocks Nudge Higher, Yellen ‘Blanket’, Coinbase On Notice, Swiss Hike, Boeing Deal
Stock futures nudge higher as Fed hints at rate hike pause; Yellen says no plan for 'blanket' bank deposit insurance' from Treasury; Coinbase shares tumble after crypto exchange gets SEC Wells Notice; ...
Toshiba board agrees to accept JIP’s $15.3 billion buyout proposal -Nikkei
Toshiba Corp's board on Thursday agreed to accept a buyout proposal worth around 2 trillion yen ($15.3 billion) from a consortium led by private equity firm Japan Industrial Partners (JIP), the Nikkei ...
Beware the ‘sensible’ crypto crowd — they’re worse than the fanatics
Much as it can be enjoyable to poke fun at the crypto bros — with their silly memes, irritating acronyms, puerile jokes and frankly ridiculous ideas about the world — I have to confess: I don’t believe they’re the main problem.
How crypto prices may react to the latest Fed decision
Bitcoin has an interesting setup heading into the next Fed decision day, with its price up 22% this month and a recent break in its correlation with stocks.
Japanese shares hover near session high on hints of Fed rate pause
SINGAPORE, March 23 (Reuters) - Japan’s Nikkei share average closed lower on Thursday, although it hovered near the session high amid a recovery in broader Asian markets as investors assessed the U.S.
Sullivan & Cromwell, Nishimura & Asahia Advise on Japan’s Largest IPO in Four Years
Japan’s largest law firm Nishimura & Asahi and Sullivan & Cromwell, together with Simpson Thacher & Bartlett and Anderson Mori & Tomostune, are acting on Rakuten Bank’s $881 million initial public ...
Toshiba Accepts $15 Billion Buyout Offer from JIP, Nikkei Says
Toshiba Corp. accepted a $15.3 billion buyout offer from a Japanese consortium, the Nikkei newspaper reported, as the iconic conglomerate moved a step closer to ending a troubled chapter in its ...
Toshiba to accept takeover bid from group of Japanese companies
TOKYO -- Toshiba is set to accept a takeover offer by a coalition including Japan Industrial Partners (JIP), Nikkei learned on Thursday. The resolution was passed at a board meeting on the day. The ...
Jake Paul and Lindsay Lohan among new batch of celebrities charged by SEC over crypto promotions
The Securities and Exchange Commission also brought charges against crypto entrepreneur Justin Sun and three of his companies.
Japanese shares decline as banking sector worries continue, yen strengthens
SINGAPORE, March 23 (Reuters) - Japan's equities declined on Thursday, tracking a weaker Wall Street, as persistent concerns on the global banking sector following the U.S Federal Reserve's hike and ...