On Monday, Robinhood HOOD, +1.18% revealed that its crypto business received a Wells notice from the SEC. This notice follows a longer SEC investigation, and is meant to inform Robinhood that the agency has gathered evidence against potential infractions and give the company a chance to respond.
Crypto? AI? Internet co-creator Robert Kahn already did it… decades ago
Robert Kahn has been a consistent presence on the Internet since its creation — obviously, since he was its co-creator. But like many tech pioneers his resumé is longer than that and in fact his work prefigured such ostensibly modern ideas as AI agents ...
Revolut expands crypto push with UK trading platform
With over 40 million users, Revolut is one of the world’s largest fintech companies, and is positioning the exchange to compete with large crypto incumbents like Coinbase and Bi
Former NFL Star Rob Gronkowski to Pay $1.9M to Settle Crypto Investor Suit
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now Former New England Patriots and Tampa Bay Buccaneers tight end Rob Gronkowski will pay $1.9 million to settle claims brought ...
Economic desperation drives 500,000 Argentinians to Sam Altman’s Worldcoin crypto project
Skyrocketing inflation and high unemployment have sent half a million people in Argentina to Worldcoin's Palantír-like Orbs. The company says the iris-scanning technology can establish an ...
SECs Gensler slams media for ‘outsized’ focus on crypto
U.S. Securities and Exchange Commission Chair Gary Gensler denied allegations that he is overly focused on the crypto industry in a Tuesday ...
Top Crypto Options Desk QCP Gets Abu Dhabi Regulatory Nod
QCP Capital, one of the largest options trading desks for digital assets, won initial approval to operate in Abu Dhabi, becoming the latest crypto firm to expand in the Middle East.
Bank of Japan to scrutinise yen moves in guiding policy: Governor Ueda
BANK of Japan governor Kazuo Ueda said on Tuesday (May 7) the central bank will scrutinise recent yen moves in guiding monetary policy as they could significantly affect the economy and prices. Read ...
US crypto super PACs have raised more than $100 million, report says
Outside political groups tied to the cryptocurrency industry have raised more than $102 million to spend on the upcoming U.S. congressional elections in order to elevate candidates who are friendly to ...
It Took Decades, but Japan’s Working Women Are Making Progress
Employers have taken steps to change a male-dominated workplace culture. But women still struggle to balance their careers with domestic obligations.
Japan Tells US That Biden’s ‘Xenophobia’ Comment Is Regrettable
TOKYO (Reuters) - Japan has described as "regrettable" U.S. President Joe Biden's comment that "xenophobia" is stifling the Asian nation's economic growth, the top government spokesperson said on ...
Many Banks in Japan Raise Deposit Rates after BOJ Action
"The importance of gathering deposits as resources of our business operations will increase further," Masahiro Kihara, president of Mizuho Financial Group Inc., one of Japan's top three banking groups ...
Japan warns of action over volatile currency, notes other nations too share the concerns
Japan is reluctant to intervene in the currency market considering its limited available dollar cash reserves and US Treasury Secretary Janet Yellen's comments that such moves were acceptable only in rare circumstances, said Hideo Kumano, chief economist at Dai-ichi Life Research Institute.
Japan may have spent US$23.59-billion in latest attempt to prop up yen: central bank data
On Wednesday, the yen was trading at around 157.55 per dollar when it suddenly spiked, strengthening as far as 153 over the following half-hour
Australia seeks client data from crypto exchanges in tax crackdown
Australia's tax office has sought from crypto currency exchanges the personal data and transaction details of up to 1.2 million accounts as it looks to crack down on users who may be failing to pay their taxes amid a rising interest in digital tokens.
Crypto Venture Capital Funding Surpasses $1 Billion for Second Consecutive Month
Crypto venture capital funding has exceeded $1 billion, signaling sustained investor interest in the industry. In April, a total of $1.02 billion was raised across 161 investment rounds, slightly lower than the $1.09 billion recorded in March from 186 rounds.