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Japanese Agriculture, Forestry and Fisheries Minister Shinjiro Koizumi said on September 13 that he will run in the Liberal Democratic Party presidential election.The U.S. Tsunami Warning System issued a tsunami threat alert after an earthquake struck off the east coast of Russias Kamchatka Peninsula.On September 13th, the Ministry of Industry and Information Technology and eight other government departments issued the "Automotive Industry Stable Growth Work Plan (2025-2026)." The plan outlines efforts to improve the quality and efficiency of auto exports. Automotive and supply chain companies are encouraged to develop and produce products suitable for the destination market, strengthen cooperation with local businesses, and improve international marketing and after-sales service systems. The role of industry organizations and the International Development and Innovation Alliance of auto companies will be leveraged to establish an international public comprehensive service platform for the automotive industry, providing consulting services on automotive market demand, standards, regulations, and management policies in key countries and regions. The plan also aims to guide automakers in developing overseas operations in a prudent and orderly manner, adapting to local conditions and jointly building and sharing industrial and supply chain systems to comprehensively improve their compliance capabilities.On September 13th, the Ministry of Industry and Information Technology and eight other government departments issued the "Automotive Industry Stable Growth Work Plan (2025-2026)." The plan outlines the promotion of the industrialization and application of intelligent connected technologies. Pilot programs for "vehicle-road-cloud" integrated applications of intelligent connected vehicles will be carried out in depth, the construction of connected infrastructure and cloud control platforms will be accelerated, and the pre-installation of high-performance communication modules such as V2X and 5G in vehicles will be encouraged. The large-scale application of the Beidou system will be accelerated, and applications in multiple scenarios such as logistics, sanitation, and travel services will be promoted. Key regions will be encouraged to gradually expand cross-regional collaborative applications. Pilot programs for the entry and on-road use of intelligent connected vehicles will be promoted, with conditional approval for the production of Level 3 models. The plan will also promote the improvement of laws and regulations on road traffic safety and insurance. Support will be provided to enterprises in the automotive, information and communications, and transportation industries, leveraging data to explore new business models and accelerate the development of diversified value chains.On September 13th, the Ministry of Industry and Information Technology and eight other government departments issued the "Automotive Industry Stable Growth Work Plan (2025-2026)." The plan emphasizes ensuring the stability of the industrial chain and supply chain. The plan emphasizes deepening the implementation of the high-quality development initiative for the manufacturing industry, continuously improving the resilience and security of the industrial chain and supply chain. The plan also emphasizes continuing to promote the "promotion of the list" by large enterprises and the "review of the list" by small and medium-sized enterprises. This initiative aims to cultivate a number of specialized industrial clusters of small and medium-sized enterprises within the automotive industry chain, helping more small and medium-sized enterprises integrate into the supply chains of large enterprises and forming a mutually dependent, mutually reinforcing, stable, and efficient industrial chain and supply chain system. The plan also emphasizes leveraging the public service platform for automotive industry chain safety monitoring and assessment to dynamically monitor supply chain trends and identify safety risks early.

Major cryptocurrency cases probed by U.S. authorities

Skylar Shaw

Dec 15, 2022 15:17


The allegations made by US authorities against Sam Bankman-Fried, the creator of the cryptocurrency exchange FTX, on Tuesday were some of the most well-known ones ever made against a participant in the industry. It was the most recent of many instances involving digital assets that American authorities and prosecutors are investigating.


A list of some of those civil and criminal cases, together with their verdicts, is provided below:

Bitfinex Hack 

A husband-and-wife duo was charged by the US Justice Department in February with conspiring to launder 119,754 bitcoin that had been stolen in 2016 when a hacker got into the digital currency exchange Bitfinex and started more than 2,000 unlawful transactions. According to court documents, the two are in discussions with prosecutors regarding a potential plea.

Bitmex

This year, BitMEX employees, including the company's founders, entered guilty pleas for wilfully failing to create, execute, and maintain anti-money laundering measures. In federal court in New York, the company's co-founders entered guilty pleas and each agreed to pay a $10 million fine.


Another employee of the company entered a guilty plea and agreed to pay a $150,000 fine.

The criminal charges were first filed by federal prosecutors in 2020.


The exchange consented to pay a civil fine in 2021 to resolve separate complaints from the Financial Crimes Enforcement Network (FinCEN) division of the U.S. Treasury Department and the U.S. Commodity Futures Trading Commission.


This Monday, a representative for BitMEX refused to comment on the accusations made against its former workers.


The company's chief executive officer stressed its strong compliance and anti-money laundering skills at the time the issue was resolved with the CFTC and FinCEN.