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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 2 weeks ago

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was sentenced on Thursday to 15 years in prison. https://www.japantimes.co.jp/news/2025/12/12/world/crime-legal/crypto-crash-do-kwon-15-year-sentence/?utm_medium=Social&utm_source=mastodon #worldnews #crimelegal #dokwon #cryptocurrencies #fraud #us #southkorea

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 2 weeks ago

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was sentenced on Thursday to 15 years in prison. https://www.japantimes.co.jp/news/2025/12/12/world/crime-legal/crypto-crash-do-kwon-15-year-sentence/?utm_medium=Social&utm_source=mastodon #worldnews #crimelegal #dokwon #cryptocurrencies #fraud #us #southkorea

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 3 weeks ago

What began the year as one of the best trades in the stock market has, in a matter of months, turned into one of the worst. https://www.japantimes.co.jp/business/2025/12/07/markets/cryptocurrency-trade-collapse/?utm_medium=Social&utm_source=mastodon #business #markets #cryptocurrencies #investments

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp last month

Binance Holdings faces a lawsuit claiming the cryptocurrency platform "knowingly facilitated” crypto transactions by Hamas before the group attacked Israel on Oct. 7, 2023, killing 1,200 people and taking 250 hostages. https://www.japantimes.co.jp/business/2025/11/25/tech/binance-lawsuit-hamas-terrorism/?utm_medium=Social&utm_source=mastodon #business #tech #binance #cryptocurrencies #hamas #israel

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp last month

Japan Exchange Group is considering measures to limit the growth of listed digital-asset treasury companies, as concerns deepen over losses connected to the crypto hoarding frenzy. https://www.japantimes.co.jp/business/2025/11/13/markets/japan-exchange-crypto-regulations/?utm_medium=Social&utm_source=mastodon #business #markets #japanexchangegroup #tse #cryptocurrencies

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 2 months ago

A Chinese woman who orchestrated a multibillion dollar investment fraud to buy Bitcoin was sentenced to 11 years and 8 months in jail by a London judge. https://www.japantimes.co.jp/news/2025/11/12/world/crime-legal/chinese-bitcoin-uk-crypto/?utm_medium=Social&utm_source=mastodon #worldnews #crimelegal #china #uk #cryptocurrencies

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 2 months ago

China’s cybersecurity agency accused the American government of orchestrating the theft of about $13 billion worth of Bitcoin, representing Beijing's most recent attempt to attribute major cyberattacks to the U.S. https://www.japantimes.co.jp/news/2025/11/12/world/politics/china-us-13-billion-bitcoin-hack/?utm_medium=Social&utm_source=mastodon #worldnews #politics #china #us #cryptocurrencies #bitcoin

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 2 months ago

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 Japan Times

Crypto billionaire gets pardon after firm supports Trump family venture

U.S. President Donald Trump said 'a lot of people' had told him convicted Binance co-founder Changpeng 'CZ' Zhao wasn't guilty.
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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 2 months ago

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

The Japan Times

Japan's FSA may allow banks to invest in crypto assets if risks are managed

The Financial Services Agency is also considering allowing banking groups to apply for licenses to operate cryptoexchanges, according to a source.
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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 2 months ago

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

The Japan Times

Japan's top three banks to jointly issue stablecoins

MUFG Bank, Sumitomo Mitsui Banking and Mizuho Bank intend to issue the stablecoins under a unified standard for use in corporate fund settlements.
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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 2 months ago

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

The Japan Times

Seoul sends team to Cambodia over scam center kidnappings

The team, headed by the vice foreign minister, will depart Wednesday evening, according to a government official who spoke on condition of anonymity.
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Federation Bot
Federation Bot
@Federation_Bot  ·  activity timestamp 3 months ago

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

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 3 months ago

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

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 4 months ago

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

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 4 months ago

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

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 4 months ago

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

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 4 months ago

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

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 4 months ago

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

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 5 months ago

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

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 5 months ago

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

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