In an interview with Al Jazeera published on Wednesday, Exit’s founder Toshiyuki Niino said many employers in Japan “give you a guilt trip” and attempt to convince workers to stay when they hand in ...
Gensler can destroy the U.S. crypto industry but he can’t kill crypto
Even after the Securities and Exchange Commission launched a double-barreled assault on the industry with lawsuits against its two most important companies, crypto prices barely budged. On Monday, ...
Their Crypto Company Collapsed. They Went to Bali.
The implosion of Three Arrows Capital, a cryptocurrency hedge fund, devastated the industry. Its two founders spent the next year surfing, meditating and traveling the world.
Binance.US to Stop U.S. Dollar Withdrawals and Become ‘Crypto-Only’ Amid SEC Lawsuit
The U.S. arm of the world's largest crypto exchange is suspending transactions in U.S. dollars in response to a SEC lawsuit.
Robinhood Removes 3 Crypto Tokens Following Regulatory Crackdown
Robinhood Markets Inc. will remove three tokens from its crypto trading platform, after a high-profile regulatory crackdown on some of the industry’s biggest exchanges.
US targets Binance and Coinbase – is the government ready to regulate crypto?
Regulators have been confused about whether cryptocurrency is a security or a commodity, but clarity appears imminent ...
SEC Crypto Action Leaves Stablecoins in Limbo
Authorities have still not made clear when stablecoins are considered securities or how they will be regulated.
Binance’s U.S. subsidiary pauses dollar deposits in wake of SEC lawsuit, says it’s becoming a ‘crypto-only exchange’
The SEC sued Binance on Tuesday, alleging 13 counts that included the mishandling of customer funds and offering unregistered securities.
Wealthy Investors Are Piling Into Japanese Stocks
Bank of America's high-net-worth clients are making big bets on Japan. The bank said its private clients, who together have about $3.1 trillion in assets under management, have been predominantly buyi ...
SEC Chair Gensler Says Crypto Is Rife With ‘Hucksters, Fraudsters, Scam Artists’
Gary Gensler is stepping up his language amid a wider crackdown on the crypto industry which intensified last week with a pair of fresh lawsuits.
What’s the Best Use for Crypto? Let AI Figure It Out
Web 3.0 is mostly forgotten now, but the ideas behind it will regain their relevance as bots become more common.
Roundup: Japan’s Nikkei ends higher on hopes Fed may ease, skip rate hike
Japan benchmark Nikkei stock index closed higher Friday following gains made on Wall Street overnight on speculation the US Federa ...
Japan, South Korea may discuss FX swap deal, cautious views linger
Japan and South Korea may discuss this month the fate of a bilateral currency swap arrangement that expired years ago, Finance Minister Shunichi Suzuki said on Friday, while some officials expressed ...
Crypto’s Quiet Gains: Ownership Climbs Despite Crash in Prices
Data on who owns the asset class suggest it has staying power.
Editorial: Bit by bit: Regulators properly target out-of-control crypto companies
With lawsuits against Binance and Coinbase, the Securities and Exchange Commission has targeted some of the largest remaining players in the crypto space, accusing the former of outright fraud and misuse of funds and the latter of failing to register as a securities broker.
Gary Gensler reaffirms that most crypto tokens are securities—Counters Claims of Insufficient Notice for Crypto Exchanges
Chair Gary Gary Gensler reaffirms that most crypto tokens are securities. Gensler’s remarks came in response to claims that the SEC had failed to provide adequate “fair notice” to the industry, ...