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 ...)
Ex-SEC Chairman Clayton to Advise Brevan-Backed Firm on Crypto
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 ...)
Digital Currencies Jump as Visa Pilots Crypto Settlement
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 ...)
Influence of hacks on crypto coin exchange platforms
Technological advancements in the crypto/financial sector of the economy did not just appear on merit alone. Some ... ( read original story ...)
PwC Report: 2021 Crypto M&A to Grow After Reaching $1.1B in 2020
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 ...)
Visa joins cryptocurrency market, now allows crypto transaction, but not bitcoin
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 Network Will Settle Transactions In Crypto, First Use Case USD Stablecoin
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 ...)
Yokohama Makes Organizational Changes
Jeff Barna, president of Yokohama Tire Corp., has been promoted to president and CEO of the company in a slew of organizational changes announced by the company. ( read original story ...)
Osaka launches campaign to become new financial center in Asia
The prefecture joins Tokyo and Fukuoka as an area to which the central government aims to bring capital, financial institutions and professionals from around the world. ( read original story ...)
Japan’s Nomura flags $2 billion loss at U.S. unit, cancels bond issue
Japan's biggest brokerage and investment bank Nomura on Monday flagged a possible $2 billion loss at a U.S. subsidiary, sending its stock tumbling. ( read original story ...)
Japan’s Meiji to Avoid Clash With China’s Yogurt Giants
Meiji is bullish on the prospects for China’s yogurt market, but has no intention of competing head-on with its giants. Instead, the Japanese firm is opting to make a push into the market for lactic ... ( read original story ...)
After Covid-19 Ban on Foreign Spectators at the Tokyo Olympics, a Refund Fight Is Just Beginning
Tokyo organizers and authorized ticket resellers are at odds over who should bear the costs of 20% service charges consumers paid on tickets. The answer may be: ticket holders. ( read original story ...)
Weekend horse races in Dubai, Australia, Japan shape international season
The results of Dubai World Cup program, a massive card in Australia and one of Japan's biggest sprint races will go a long way toward shaping the remainder of the world's 2021 horse racing agenda. ( read original story ...)
Japan considers ending support for exporting coal-fired power plants
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 ...)
Osaka launches campaign to make it new financial center in Asia
Officials and business leaders in Osaka Prefecture set up a 30-member group Monday to promote the western Japan city as a new international financial center in Asia. The move comes in line with the ... ( read original story ...)
Overseas Tokyo Olympic ticket holders may get only partial refunds
The question of refunds came into weeks ago when local organizers and the Japanese government decided to bar most fans from abroad because of the COVID-19 pandemic. ( read original story ...)