SEC lawsuits escalate Gary Gensler’s assault on crypto markets

The SEC claimed Gemini and crypto lender Genesis ran a cryptoasset lending programme that was not registered as a securities offering, while the CFTC, the US derivatives regulator, in March sued Binance, accusing it and its chief executive Changpeng Zhao of operating illegally in the US.

In Japan, the sun rises again on equities

We have seen eight solid weeks of inflows from foreign investors - two-thirds of which were into stickier cash equities as opposed to futures - and both the Nikkei and TOPIX indexes are near multi-decade highs.