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, ...
Crypto Crackdown: The SEC vs. Coinbase & Binance
Trade the Chain executives discuss SEC's escalating regulation of cryptocurrencies and its impact on Coinbase and Binance.
Japan’s retail investors caught out by Nikkei’s breakout rally
Nikkei stages unusually long rise after hitting 33-year high * Four "double inverse" ETFs at record lows * Local investors in double inverse ETFs caught in negative spiral By Junko Fujita TOKYO, June ...
Nikkei 225 Set for Nine-Week Gain in Longest Advance Since 2017
Japan’s blue-chip equity gauge is set to complete a nine-week advance that would be its longest winning streak in more than five years.
Why Gary Gensler Is Wrong About Crypto + On Demand Video Replay Of Subscriber Webinar
Here is a replay of the subscriber-only webinar on Wednesday, plus my thoughts on what to make on the belief that SEC Chair Gary Gensler is seeking to stamp out crypto.
Japanese investors plan to sue MUFG unit over Credit Suisse bonds – Nikkei
A group of Japanese investors are planning to file lawsuits against some brokerages based in the country, including Mitsubishi UFJ Morgan Stanley Securities, over their sale of AT1 bonds issued by ...