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Nomura Holdings and the GMO Internet Group are exploring ways to bring new stablecoin offerings to the Japanese market.

Nomura Holdings, GMO Group form stablecoin research partnership in Japan

Nomura Holdings, a financial services company active in 30 countries, and the GMO Internet Group have formed a partnership focused on issuing Japanese yen and United States dollar stablecoins in...

3 months ago

A cat video filmed 20 years ago by former YouTube chief technology officer Steve Chen is now the basis for a memecoin with a market capitalization of more than $20 million.

YouTube co-founder backs memecoin based on ‘first cat’ on platform

Steve Chen, co-founder and former chief technology officer of video-sharing platform YouTube, has been supporting a memecoin project based on one of the first cat videos uploaded to the website ...

3 months ago

Gate.HK plans a major overhaul to comply with regulations and aims to relaunch services after obtaining the necessary licenses.

Hong Kong crypto exchange folds to regulatory pressure

Hong Kong-based cryptocurrency exchange Gate.HK has closed down after failing to meet the local licensing requirements that will be enforced starting June 1. The Securities and Futures...

3 months ago

Paul Grewal, Coinbase’s chief legal officer, announced that New York users of the exchange can once again trade XRP.

Coinbase reopens XRP trading in New York

On May 23, Coinbase’s chief legal officer, Paul Grewal, announced that customers in the state of New York could once again trade XRP on the crypto exchange after a nine-month hiatus. ...

3 months ago

Justice Neil Gorsuch emphasized that arbitration is a matter of contract and parties can agree to have an arbitrator resolve threshold arbitrability questions.

US courts to handle Coinbase Dogecoin sweepstakes disputes

The United States Supreme Court has overridden Coinbase’s user agreement, allowing district courts to settle sweepstakes disputes involving Dogecoin rewards. Crypto exchange Coin...

3 months ago

The Intercontinental Exchange will pay a penalty for failing to timely inform a cyber intrusion. The enforcement action affected several ICE subsidiaries, including the New York Stock Exchange.

SEC fines NYSE parent company $10M for failing to report cyberattack

The Intercontinental Exchange (ICE) will pay a penalty of $10 million for failing to inform authorities about a cyber intrusion, according to an announcement from the United States Securities an...

3 months ago

Centralized exchanges led by Coinbase, along with Meta, Match, and Ripple Labs, have formed an educational group to prevent pig butchering scams.

Crypto exchanges form ‘Tech Against Scams’ partnership to combat fraud

A group of major crypto firms, advocacy groups, and tech companies led by Coinbase has taken a stand against scams commonly seen throughout the industry. Coinbase, along with Kra...

3 months ago

Trading in Metaplanet’s stock was halted for two straight days under Tokyo Stock Exchange rules as its shares rocketed over the last week.

‘Asia’s MicroStrategy’ Metaplanet smashes all other Japanese stocks

Metaplanet, a Japan-based investment firm borrowing from MicroStrategy’s Bitcoin (BTC) playbook, has seen its shares rocket 158% over the last week — becoming the highest g...

3 months ago

Ben Zhou shared a post on X, clarifying that none of the rumors have “any real facts” supporting them.

Bybit CEO refutes insolvency rumors, shares proof-of-reserves

Ben Zhou, the CEO of the cryptocurrency exchange Bybit, addressed the rumors about the platform being hacked and insolvent in a post shared on X. On May 22, rumors of an insolvent exch...

3 months ago

Apple’s letter to a federal judge previewed its slated dismissal motion to a U.S. antitrust suit, with the firm claiming prosecutors didn’t define where it has a monopoly.

Apple disputes monopoly claims, cites 'fierce competition' in court

Apple has claimed it isn’t a “monopolist” and “faces fierce competition” in the tech sector in a letter previewing its bid to toss a United States antitrust suit.

3 months ago