States are granting charters for crypto banks while the Federal Reserve is blocking access to its systems. At the legislative level, the bills in play have become bogged down in partisan politics and it’s looking less and less likely that any federal ...
Sony to spin off financial banking unit with IPO to raise investment capital
Sony plans to retain 20% partial ownership in its Financial Services unit and sell of 80% of shares through an IPO. The company is also exploring potential tax-free options for the spin-off in Japan ...
Japan’s Mizuho expands in U.S. banking with $550 million Greenhill deal
Mizuho Bank's signboard is pictured in Tokyo, Japan, January 25, 2017. REUTERS/Kim Kyung-Hoon ...
Why the Biggest Emerging Markets Are Turning to Crypto
Turkey was 12th in Chainalysis’ 2022 crypto adoption ranking – currency woes and the pressing need to hedge and diversify are likely to push it up the list. An unexpected entry into my “watch the ...
Crypto sees fifth consecutive week of outflows, with negative sentiment focused on bitcoin
Crypto investment products are coming off their fifth consecutive week of outflows while trading volumes on trusted exchanges hit their lowest level since late 2020, according to CoinShares. Outflows ...
Crypto Week Ahead: BTC Dips Below $27,000, Market Expected To Remain Mellow
Over the past seven days, Bitcoin achieved a low of $26,574.88. ( Image Source : Mohamed Hassan/Pixabay ) ...
Crypto funds endure fifth consecutive week of outflows: CoinShares
Last week J.P. Morgan said in a note that a crypto-price recovery is unlikely as the stablecoin universe dwindles. With the exception of ethereum ($1M outflow), altcoins like avalanche (AVAX-USD) ...
Shanghai, Tokyo, Mumbai emerge as top data centre markets in APAC region: Report
In Mumbai, Knight Frank said the live capacity (operational capacity) stood at 270 MW, committed capacity at 607 MW, under construction capacity 188 MW and early stage capacity at 1,272 MW.
Hong Kong? Singapore? Tokyo? Seoul? Dubai? The race is on for the Web3 hub of Asia | Part 1
As U.S. regulators file lawsuits against cryptocurrency platforms, prompting some digital asset companies to seek more favorable jurisdictions, a fleet of cities in Asia are putting out the welcome ...
Japan’s Daiichi Sankyo invests $80 million to expand Brazilian plant
Japanese drugmaker Daiichi Sankyo said on Monday it will invest around 400 million reais ($80 million) to expand its Brazilian operations, part of a plan to boost its healthcare unit including ...
As U.S. Budget Talks Resume, Biden Slams Rich Crypto Traders
With regards to the budget talks, other unacceptable trade-offs mentioned by Biden included $200 billion in “excess payments” to the pharmaceutical industry and $30 billion in tax incentives for the ...
Japan’s Mizuho to expand in U.S. banking with $550 mln Greenhill deal
May 22 (Reuters) - Mizuho Financial Group Inc (8411.T) will acquire U.S. M&A advisory firm Greenhill & Co Inc (GHL.N), as Japan's No. 3 lender accelerates ... ago Dealscategory ADNOC Logistics & ...
NBC invites Japan firms to agritech space
National Bank of Cambodia (NBC) deputy governor Chea Serey has reiterated a call for Japanese players to explore the investment potential in the Kingdom’s financial and agritech (agricultural technology) sectors,
Japan eyes revamping tax-free shopping rule to stem illicit resale
Japan is considering overhauling its tax-free shopping scheme ... do not carry tax-free items they bought with them at the time of departure. According to the Finance Ministry, it is usually difficult ...
Bitcoin conference attendance plummets by 50% as crypto gloom persists
"Crypto winter" has been blamed for a 50% drop in attendance at the Bitcoin 2023 conference in Miami. The conference ended on Sunday, with speakers including US presidential candidate Robert F Kennedy ...
Greenhill in takeover discussions with Japanese banking giant Mizuho
Sources on Monday evening said senior management had been briefed on the plan, which values the company at around $1 billion ...