Japan
Binance Japan Kicks off With 34 Tokens for Spot Trading
Cryptocurrency exchange Binance announced that its customers in Japan will now have access to 34 tokens for spot trading. Binance claims that this is the largest number of tokens offered by any digital currency exchange in the country. In December
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SMBC, Global Brain Raise US$210 Million Fund to Create Japanese Unicorns
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) along with its investment arm SMBC Venture Capital Management (SMBC VCM) and venture capital firm Global Brain has jointly set up a fund worth JPY 30 billion (US4210 million). The “SMBC-GB Growth Fund” aims
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Japan’s SMBC, Incubate Fund Set up US$200 Million Fintech Fund in Singapore
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) and early-stage venture capital firm Incubate Fund has co-founded the US$200 million “SMBC Asia Rising Fund” in Singapore. Since its inception in 2010, the Japan-based Incubate Fund has invested more than JPY 98.3 billion
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MUFG Set to Launch New Debt Funds Worth US$400 Million in Japan, Europe
Mitsubishi UFJ Financial Group (MUFG) announced plans to establish two new debt funds for Japanese and European startups worth almost US$400 million in total. The group’s subsidiary MUFG Bank and Israeli fintech Liquidity Capital will be providing the funding under
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7 Upcoming Fintech Events in Korea and Japan to Attend
Asia-Pacific (APAC) is home to one of the fastest growing fintech industries in the world and some of the biggest players globally. The region’s large population and high fintech adoption rate make APAC one of the world’s biggest adopter of
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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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