U.S. President Donald Trump has defended his decision to pardon convicted Binance co-founder Changpeng "CZ" Zhao, who pleaded guilty to violating laws against money laundering in late 2023. https://www.japantimes.co.jp/business/2025/10/24/companies/binance-cofounder-trump-pardon/?utm_medium=Social&utm_source=mastodon #business #companies #cryptocurrencies #donaldtrump #changpengzhao
The Financial Services Agency is considering allowing commercial banks to invest in cryptocurrencies, an official has said, as long as they have a structure to properly manage risks linked to the assets. https://www.japantimes.co.jp/business/2025/10/21/tech/fsa-banks-crypto/?utm_medium=Social&utm_source=mastodon #business #tech #fsa #banks #cryptocurrencies #donaldtrump #nomura #daiwa #brokerages #bitcoin
Japan's three megabanks are planning to jointly issue corporate-use stablecoins pegged to legal tender like the yen and the dollar, aiming to promote their use in the country. https://www.japantimes.co.jp/business/2025/10/18/japan-banks-stablecoins/?utm_medium=Social&utm_source=mastodon #business #banks #mizuho #mufg #sumitomomitsui #cryptocurrencies
South Korea will send a special team to Cambodia on Wednesday to discuss cases of fake jobs and scam centers involved in kidnapping dozens of its nationals, officials said a day after Seoul vowed to bring them all home. https://www.japantimes.co.jp/news/2025/10/15/asia-pacific/crime-legal/seoul-cambodia-scam-kidnappings/?utm_medium=Social&utm_source=mastodon #asiapacific #crimelegal #southkorea #cambodia #forcedlabor #fraud #cryptocurrencies
SoftBank Group’s digital payment provider PayPay has taken a 40% stake in Binance’s Japan unit, seeking to capitalize on the country’s booming crypto market. https://www.japantimes.co.jp/business/2025/10/09/companies/softbank-paypay-invests-in-binance/?utm_medium=Social&utm_source=mastodon #business #companies #softbank #paypay #binance #investments #cryptocurrencies
A race by crypto companies to sell tokens pegged to stocks is raising alarm bells among traditional financial firms and regulatory experts who warn that the fast-growing novel products pose risks. https://www.japantimes.co.jp/business/2025/10/08/tech/crypto-tokenize-investor-protection/?utm_medium=Social&utm_source=mastodon #business #tech #cryptocurrencies #investors #wallstreet #stocks #sec
Japan Post Bank says it will issue Tokyo-based DeCurret DCP's digital currency DCJPY backed by yen deposits in fiscal 2026, and hopes that local governments will use it for subsidies and other benefits in the future. https://www.japantimes.co.jp/business/2025/09/02/companies/japan-post-bank-digital-currency/?utm_medium=Social&utm_source=mastodon #business #companies#japanpostbank #banks #cryptocurrencies #currencies
Eric Trump, who recently joined Japanese bitcoin firm Metaplanet as an adviser, appeared at a shareholder meeting in Tokyo to show his support for the company as it approved a ¥130 billion capital plan. https://www.japantimes.co.jp/business/2025/09/02/companies/eric-trump-japan-bitcoin-firm/?utm_medium=Social&utm_source=mastodon #business #companies #erictrump #donaldtrump #cryptocurrencies #metaplanet #bitcoin
On a reclaimed island in Malaysia, crypto and tech entrepreneurs are building software, chomping down Australian ribeye — and getting schooled in a radical blueprint for creating new sovereign states from scratch. https://www.japantimes.co.jp/business/2025/09/01/tech/tech-utopia-malaysia-forest-city/?utm_medium=Social&utm_source=mastodon #business #tech #malaysia #southeastasia #cryptocurrencies #tech #bitcoin #coinbase
Eric Trump plans to visit Tokyo next month as part of his family’s expanding push into the cryptocurrency industry, according to people familiar with the matter. https://www.japantimes.co.jp/business/2025/08/22/eric-trump-japan-september/?utm_medium=Social&utm_source=mastodon #business #erictrump #cryptocurrencies #bitcoin #tokyo #us
South Korean entrepreneur Do Kwon has pleaded guilty to U.S. fraud charges for his role in two cryptocurrencies that lost an estimated $40 billion in 2022. https://www.japantimes.co.jp/business/2025/08/13/tech/do-kwon-guilty-us-fraud-crypto/?utm_medium=Social&utm_source=mastodon #business #tech #dokwon #southkorea #cryptocurrencies #us #fraud
The buying power of Bolivia's currency has cratered as trust in the socialist government nears all-time lows, prompting more and more people to turn to a risky alternative to protect their savings: cryptocurrencies. https://www.japantimes.co.jp/business/2025/08/08/economy/bolivia-crypto-replace-cash/?utm_medium=Social&utm_source=mastodon #business #economy #bolivia #inflation #cryptocurrencies #cashless
Of all the unknowns surrounding the digital wallets sending funds to U.S. President Donald Trump’s World Liberty Financial crypto business, an entity calling itself the Aqua 1 Foundation has become the biggest. https://www.japantimes.co.jp/business/2025/07/14/tech/trump-crypto-mystery-man/?utm_medium=Social&utm_source=mastodon #business #tech #cryptocurrencies #us #donaldtrump #trade #tariffs #republicans
joene 🏴🍉
boosted
"If Aqua 1 Foundation has been working with World Liberty Financial since the president’s primary crypto venture launched in September 2024, there’s little to no evidence of the relationship in the public record. Trump did travel to the UAE in May 2025, where he announced “over $200 billion in commercial deals between the United States and the United Arab Emirates.” Two weeks later, someone began registering websites and social media accounts for Aqua 1 Foundation.
The president’s latest crypto benefactors, whoever they turn out to be, stand to gain enormously from their $100 million investment. Until now, the $WLFI token has only been a “governance token,” granting its holders the right to vote on proposed changes to the World Liberty Financial platform. But the token itself has been nontransferrable—meaning that anyone buying it was putting money into a token that couldn’t be sold or moved. That’s about to change. World Liberty Financial recently put out a vote to “unlock” $WLFI tokens, allowing them to be moved between wallets—a change that won the fulsome support from the current holders of $WLFI. Soon, $WLFI will be tradable on public markets, and its early backers will be able to cash out—ensuring, in turn, that the most flagrantly corrupt president in American history will once again line his pockets."
https://www.thenation.com/article/archive/trump-crypto-world-liberty-financial-aqua-1-foundation/#
#USA#Trump#Crypto#Cryptocurrencies#Aqua1Foundation#WLFI#Kleptocracy
"If Aqua 1 Foundation has been working with World Liberty Financial since the president’s primary crypto venture launched in September 2024, there’s little to no evidence of the relationship in the public record. Trump did travel to the UAE in May 2025, where he announced “over $200 billion in commercial deals between the United States and the United Arab Emirates.” Two weeks later, someone began registering websites and social media accounts for Aqua 1 Foundation.
The president’s latest crypto benefactors, whoever they turn out to be, stand to gain enormously from their $100 million investment. Until now, the $WLFI token has only been a “governance token,” granting its holders the right to vote on proposed changes to the World Liberty Financial platform. But the token itself has been nontransferrable—meaning that anyone buying it was putting money into a token that couldn’t be sold or moved. That’s about to change. World Liberty Financial recently put out a vote to “unlock” $WLFI tokens, allowing them to be moved between wallets—a change that won the fulsome support from the current holders of $WLFI. Soon, $WLFI will be tradable on public markets, and its early backers will be able to cash out—ensuring, in turn, that the most flagrantly corrupt president in American history will once again line his pockets."
https://www.thenation.com/article/archive/trump-crypto-world-liberty-financial-aqua-1-foundation/#
#USA#Trump#Crypto#Cryptocurrencies#Aqua1Foundation#WLFI#Kleptocracy
A rise in physical attacks on digital-asset holders says a lot about the trade-offs of a cashless society. https://www.japantimes.co.jp/commentary/2025/07/11/world/crypto-crime-is-future/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #cryptocurrencies #money #crime #hackers #bitcoin
Binance plans to keep hundreds of remote workers in Singapore despite a crackdown on unlicensed cryptocurrency outfits in the city-state. https://www.japantimes.co.jp/business/2025/07/02/tech/binance-staff-singapore-crackdown/?utm_medium=Social&utm_source=mastodon #business #tech #binance#richardteng #singapore #cryptocurrencies
China is preparing to counter the threat of U.S.-backed digital dollars by leveraging its powerful e-commerce firms and Hong Kong’s crypto-friendly financial system to promote stablecoins tied to local currencies. https://www.japantimes.co.jp/commentary/2025/06/30/world/china-ready-for-us-stablecoins/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #china #hongkong #stablecoin #crypto #blockchain #ecommerce #libra #digitaldollars #cryptocurrencies