Business

US seizes $45 million in fraud proceeds from Tether/FTX’s bank Deltec
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19 July, 2023

US seizes $45 million in fraud proceeds from Tether/FTX’s bank Deltec

It “appears” that Deltec Bank “misrepresented the purpose and use” of its MUFJ accounts, which were opened with MUFJ by...
Sega is still exploring blockchain amid reports of scaling back: report
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19 July, 2023

Sega is still exploring blockchain amid reports of scaling back: report

Despite reports claiming he believes blockchain games are boring, Sega COO Shuji Utsumi says he was misquoted and the company...
How the $275M FTX disaster caused Temasek to shun digital currency investments
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19 July, 2023

How the $275M FTX disaster caused Temasek to shun digital currency investments

Readers should let Temasek's $275M loss be a cautionary tale: nothing is as it seems in the 'crypto' industry, as...
Philippines’ amended ‘crypto’ framework targets Binance, other unregistered exchanges
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19 July, 2023

Philippines’ amended ‘crypto’ framework targets Binance, other unregistered exchanges

SEC Commissioner Kelvin Lester Lee notes that investor protection is the state agency's priority in enforcing the latest rules governing...
Japan’s handling of digital asset industry sets regulatory example for other countries
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19 July, 2023

Japan’s handling of digital asset industry sets regulatory example for other countries

Despite the exit of popular digital exchanges from Japan, industry stakeholders argue that the country is setting the pace for...
South Korea financial regulator wants digital asset firms to disclose holdings
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19 July, 2023

South Korea financial regulator wants digital asset firms to disclose holdings

The new disclosure requirement is geared toward creating "more consistent and clear information about companies that issue or hold virtual...
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