Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity

Cryptocurrency exchange Binance has acquired a regulated Japanese cryptocurrency exchange and is now preparing to enter the Japanese crypto market as a regulated entity. “The Japanese market will play a key role in the future of cryptocurrency adoption,” said the general manager of Binance Japan. Binance Entering Japan Cryptocurrency exchange Binance announced Wednesday that it […]

Go to Source

Powered by WPeMatico

US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a Lehman Moment’

US Treasury's Yellen Says Crypto Industry Doesn't Have Adequate Regulation — Calls FTX Collapse 'a Lehman Moment'U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment within crypto, and crypto is big enough that we’ve had substantial harm with investors.” Treasury Secretary Janet Yellen on FTX Implosion and the Need for […]

Go to Source

Powered by WPeMatico

Elon Musk Warns of Severe Recession — Urges the Fed to Cut Interest Rates Immediately

Elon Musk Warns of Severe Recession — Urges the Fed to Cut Interest Rates 'Immediately'Tesla CEO and Twitter boss Elon Musk has warned of a severe recession in the U.S. The billionaire stressed that the Federal Reserve needs to cut interest rates “immediately,” emphasizing that the Fed is “massively amplifying the probability of a severe recession.” Elon Musk Warns About Severe Recession Tesla CEO and Twitter chief Elon Musk […]

Go to Source

Powered by WPeMatico