The U.S. Securities and Exchange Commission sued Kraken on Monday, accusing it of illegally operating a trading platform for cryptocurrency assets without first registering with the regulator. In a complaint against Payward Inc and Payward Ventures Inc,
Singapore-based Carro in talks to raise over US$100m ahead of potential US IPO: Exec
The fundraising could value Carro, which has valuation of over US$1 billion, even higher. Read more at straitstimes.com.
Japan to ease investment rules for banks to boost startups
The Financial Services Agency is expected to amend the Banking Act by June 2024 after soliciting opinions from the public. Prime Minister Fumio Kishida has made invigorating Japan's startups a pillar ...
Over $200M in Crypto Futures Bets Liquidated as Bitcoin Slumped Under $36K on Binance Settlement
Binance’s settlement with the U.S. Securities and Exchange Commission (SEC) on multiple charges spurred a market decline, with the impact felt
SEC accuses crypto’s Kraken of running unregistered exchange
The SEC also argued that the firm was operating as an exchange, broker, dealer and a clearing agency — all without the proper registration.
Crypto Boosted by Possible End to US Criminal Probe of Binance
The prospect of a resolution of the US criminal investigation into Binance, crypto’s linchpin exchange, led to a bout of cautious optimism in digital-asset markets.
Tokyo Finance Standalone September 2023 Net Sales at Rs 0.20 crore, up 16.33% Y-o-Y
Net Sales at Rs 0.20 crore in September 2023 up 16.33% from Rs. 0.18 crore in September 2022. Quarterly Net Profit at Rs. 0.07 crore in September 2023 up 19.71% from Rs. 0.06 crore in September 2022.
Japan’s Nikkei rebounds from one-week low despite chip drag
Japan's Nikkei share average gained on Wednesday, rebounding from early declines even as chip shares dragged. The Nikkei rose 0.62% to 33,560.01 as of the midday break. "Japanese stocks have been ...
Top Japan Bank Builds Startup Fund as Policy Push Lures Lenders
Japan’s largest bank is growing its pipeline of investments for a startup fund that it jointly owns, as more of the country’s top lenders target growth in a corner of the market that’s got recent ...
Fraudsters in Japan use foreigners’ bank accounts in cash grab
The bank transfer receipt shows the account she paid into was held in the name Nguyen, printed in Japanese. The name Nguyen, printed in Japanese, is shown on the bank transfer receipt. When police ...
Changpeng Zhao, the crypto king and Binance chief, ousted for US crimes
Binance chief Changpeng Zhao on Tuesday stepped down and pleaded guilty to breaking U.S. anti-money laundering laws as part of a $4.3 billion settlement resolving a years-long probe into the world's ...
Japan’s Favorite AI Stocks: 3 Companies the Country Loves
Japan is hot on artificial intelligence (AI), and some AI stocks stand to gain more than others. Earlier this month, the Japanese government began planning a whopping $13 billion aid package to ...
Binance CEO pleads guilty in Seattle as federal prosecutors secure landmark $4.3B crypto penalty
Binance CEO Changpeng Zhao, second from left, leaves the federal courthouse in Seattle on Tuesday afternoon. (GeekWire Photo /) The federal ...
With crypto, retail investors have a chance to front-run Wall Street for the first time
Crypto has introduced an asset class that challenges the monopolies on financial power, giving retail investors a brand-new opportunity.
Founder of Binance, world’s largest crypto exchange, pleads guilty to anti-money-laundering charge
The founder of the world’s largest cryptocurrency exchange Binance has pleaded guilty to a felony charge that he failed to take steps to prevent money laundering.
Factbox-Which crypto bosses besides Binance’s CZ are in US authorities’ crosshairs?
By Niket Nishant, Hannah Lang and Tom Wilson (Reuters) -Binance chief Changpeng Zhao will step down and plead guilty to breaking criminal U.S. anti-money laundering laws as part of a settlement ...