Japan
Bank of Japan to Kick off Digital Yen Pilot in April
The Bank of Japan (BOJ) announced that it will launch its Central Bank Digital Currency (CBDC) pilot programme in April this year to test the use of a digital yen. The central bank said that it will complete its Proof
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Riskified Expands Footprint in Japan, Names New Country Manager
Riskified, a software as a service fraud and chargeback prevention technology provider, has expanded its footprint in Japan and named Anthony Guercio as the Country Manager. With 20 years of enabling digital transformation in Japan and APAC, Guerciowill lead Riskified’s
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Top 5 Most Well-Funded Fintech and Insurtech Startups in Japan
Japan’s venture capital (VC) market has grown strongly over the past years, rising fifteenfold in less than a decade, from a low point in 2012 at JPY 21.9 billion (US$168.8 million) to JPY 329 billion (US$2.5 billion) in 2021, data
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5 Notable Fintech Investments in Asia By Japan’s SoftBank
Since its inception, SoftBank Group Corp. has made a name for itself as a significant player in the tech startup industry. But it has been a tough year for the Japanese conglomerate and its CEO Masayoshi Son, as valuations for
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Coinbase Shutters Japan Operations, Users Have Until 16 Feb to Withdraw Assets
Cryptocurrency exchange Coinbase said that it will be shuttering its operations in Japan and its users has until 16 February to withdraw their assets. All customers can withdraw their fiat currency and cryptocurrency holdings to other crypto service providers, Coinbase
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Adyen Debuts Its Unified Commerce Solution for Japanese Businesses
Adyen, a global payments firm for businesses, has announced the launch of its unified commerce solution in Japan for in-person payments. This will enable Japanese businesses to optimise their authorisation rates, block fraud, and provide seamless cross-channel journeys. The unified
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Binance Bags First License in East Asia Through Acquisition of Japan’s Sakura
Cryptocurrency exchange Binance announced it has acquired 100% of Sakura Exchange BitCoin (SEBC), a Japanese crypto exchange service provider. Terms of the transaction was not disclosed. Through this acquisition, Binance enters the Japanese market, as a Japan Financial Services Agency
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Tokyo and New York Bourses Sign Agreement to Support Cross-Border Investment
Tokyo Stock Exchange (TSE) and the New York Stock Exchange (NYSE) announced a new agreement to support cross-border investment between the U.S. and Japan during Japanese Prime Minister Fumio Kishida’s visit to the NYSE. The agreement focuses on three key
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Animoca Brands Japan Raises US$45 Million From Parent Firm and MUFG
Animoca Brands’ Japanese subsidiary announced that it has raised a total of US$45 million to increase the value and utility of its branded content while fostering the development of a safe and secure NFT ecosystem in the country. The investment
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Alex Clavel Appointed as CEO of SoftBank Group International
Japanese multinational conglomerate SoftBank announced that Alex Clavel has been appointed as Chief Executive Officer of SBGI effective June 30, 2022. Clavel is currently the Managing Partner at SoftBank Group International (SBGI) and will succeed Michel Combes, who has decided
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