Category: FINANCE

The average deal size in the crypto industry surged from $19 million last year to nearly $53 million in 2020, according to a new PwC report. The consolidation of cryptocurrency-related companies ... ( read original story ...)

One River Asset Management, a $2.5 billion firm whose cryptocurrency funds are backed by hedge fund titan Alan Howard, brought on former Securities and Exchange Commission Chairman Jay Clayton as an ... ( read original story ...)

Bitcoin and other cryptocurrencies rose after Visa Inc. said its payments network will use a stablecoin backed by the U.S. dollar to settle transactions, as blockchain technology gains more acceptance ... ( read original story ...)

Technological advancements in the crypto/financial sector of the economy did not just appear on merit alone. Some ... ( read original story ...)

Professional consulting firm PwC found that cryptocurrency mergers and acquisitions (M&A) hit a new high of $1.1 billion in 2020. ( read original story ...)

The incorporation of crypto into its payment options followed Mastercard plans to accept bitcoin. Visa partnered with digital asset bank, Anchorage, to conduct its first transaction using Crypto.com ... ( read original story ...)

Visa will settle in crypto over Visa rails starting with the USD Coin. Visa’s Cuy Sheffield explains why this paves the way for central bank digital currencies. ( read original story ...)

Prime Minister Yoshihide Suga could announce the move as early as at an April 22-23 virtual summit on climate change hosted by U.S. President Joe Biden, sources said. ( read original story ...)

Deal activity in the cryptocurrency sector soared in 2020 and is likely to keep climbing this year, according to a report. The total value of mergers and acquisitions in crypto more than doubled last ... ( read original story ...)

The fast pace of finance is right at your fingertips. BNN Bloomberg's morning newsletter will keep you updated on all daily program highlights of the day's top stories, as well as executive and ... ( read original story ...)

The losses may be tied to what the Wall Street Journal called an "unprecedented" $30 billion stock sell-off late last week. ( read original story ...)

Japanese gaming firm Nexon said on Monday it invested $874 million in 2020 in companies including Hasbro, Bandai Namco, Konami and Sega Sammy as part of a plan to take stakes in entertainment ... ( read original story ...)

The Bank of Japan can heighten transparency and stabilise markets by clarifying the band at which it allows long-term interest rates to move around its 0% target, several views voiced by the board ... ( read original story ...)

Mitsubishi UFJ Financial Group, Japan' biggest bank, and Sumitomo Corp, one of the country's largest trading houses, are being targeted with climate resolutions from activist shareholders at their ... ( read original story ...)

The financial capitals hit hardest by Covid-19 are pulling ahead in the race to vaccinate their residents. London has outpaced global peers when measured by the percentage of residents inoculated with ... ( read original story ...)

The outstanding long-term debt of the Japanese government is set to top 1,000 trillion yen ($9.12 trillion) at the end of March, acco ... ( read original story ...)