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Tag: finance

Posted on 18/05/2024

Treasury Department hopes to take aim at illicit finance by focusing on crypto

The U.S. Treasury Department is hoping to narrow in on cryptocurrency's role in illegal activities and terror financing, but is grappling with a shortage of qualified investigators and resources, ...

Posted on 18/05/2024

Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-down

Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency ...

Posted on 18/05/2024

Rakesh Jhunjhunwala-backed IKS Health revives plan for IPO

The contours of the IPO are still being worked out, but it is expected to be largely an offer for sale by early angel investors and other shareholders, including Jhunjhunwala’s Rare Enterprises.IKS ...

Posted on 18/05/2024

New York crypto personality used ‘Seinfeld’ joke in fraud, feds reveal

A New York man swindled more than $1.3 million from friends, neighbors and investors by, among other things, getting them to invest in bogus real-estate projects involving a company named after a joke ...

Posted on 18/05/2024

Alleged crypto scammers arrested in $73 million ‘pig butchering’ scheme

The Justice Department said on Friday that it arrested two alleged scammers for laundering “at least” $73 million through shell companies connected to “pig butchering” cryptocurrency investment ...

Posted on 18/05/2024

Formidium is looking to simplify crypto accounting for businesses and investors

In a recent interview, leaders with Formidium described how their platform can help integrate digital assets into more businesses.

Posted on 18/05/2024

The Mooch, Andrew Yang, and crypto’s tipping point

The most remarkable moment when it came to crypto, however, was our dinner keynote featuring Andrew Yang and Anthony "the Mooch" Scaramucci. Both men have walked in the highest corridors of U.S.

Posted on 18/05/2024

Chiba Bank Selects Moneythor to Revolutionise Personalised Banking Experiences for Over One Million Customers

Moneythor, the leading provider of real-time, personalized engagement and loyalty solutions for banks and fintech firms today announced that it has been selected by Chiba Bank, one of the leading ...

Posted on 18/05/2024

Japan’s Nikkei ends lower on tepid Wall Street, BOJ policy uncertainty

Japan's Nikkei share average snapped a three-day winning streak to end lower on Friday, tracking Wall Street's lacklustre overnight finish, while uncertainties over the Bank of Japan's policy ...

Posted on 18/05/2024

How One Hack Sparked a Mission to Democratize Crypto

crypto to realize its full potential Lei Mingda is the co-founder of JOJO. He previously co-founded DODO, a decentralized digital asset exchange, and studied for his Ph.D. in physics from Peking ...

Posted on 18/05/2024

Coinbase targets $600 billion overseas opportunity for crypto

With Australia potentially approving bitcoin ETFs this year, more investors are looking for crypto exposure in their retirement plans.

Posted on 18/05/2024

Nigeria court rules Binance executive can face trial on behalf of crypto exchange

A Nigerian court on Friday ruled that Binance executive Tigran Gambaryan can stand trial on behalf of the cryptocurrency exchange in an ongoing tax evasion case. Binance and executives Gambaryan, a U.

Posted on 17/05/2024

Wanted: Japanese firms’ policy advice on AI, trade and crypto

A new breed of lawyer has emerged in Japan over the past decade: part lobbyist, part advocate, they sit between companies and governments, helping to shape policy and regulation in some of the world’s ...

Posted on 17/05/2024

Spotlight On 3 Japanese Growth Stocks With At Least 14% Insider Ownership

Amidst a backdrop of marginal weekly losses for Japan's Nikkei 225 and TOPIX indices, the Japanese market remains a focal point for investors closely watching the Bank of Japan's hints at potential ...

Posted on 17/05/2024

Japan’s Nikkei skids on Wall Street weakness and BOJ policy uncertainty

TOKYO: Japan’s Nikkei share average retreated on Friday, tracking Wall Street’s weak finish overnight, with sentiment also weighed down by uncertainties about the Bank of Japan’s policy path. The ...

Posted on 17/05/2024

ECB’s Schnabel calls for caution in rate cuts beyond June, Nikkei reports

European Central Bank (ECB) board member Isabel Schnabel said the central bank may slash interest rates in June, but advocated caution about further cuts in borrowing costs given uncertainty over the ...

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