Nomura Joins Prudential, Warburg Pincus To Form Life And Annuity Reinsurance Firm
Tokyo-headquartered global financial services company Nomura (NYSE: NMR) announced its $1 billion equity investment in Bermuda-based Prismic Life Reinsurance.
Mastercard Wants To Make CBDCs Easier To Use, Partners With Ripple, Consensys, Fluency, Fireblocks
With rising global interest in central bank digital currency (CBDCs), Mastercard (NYSE: MA) is firm on supporting the central bank with its CBDC program which was
JPMorgan Drops Bitcoin Mining Cost Estimate, Halving Event Could Impact Miners’ Profits
After the Cambridge Bitcoin Electricity Consumption Index (CBECI) methodology was revised last week, JPMorgan (NYSE: JPM) lowered its Bitcoin (BTC-USD) production cost estimate to
Nomura Sees Broader Market Hurdles To Delay Crypto Unit’s Profitability Levels
Nomura (NYSE: NMR), a Japan-headquartered global financial services group, announced its cryptocurrency unit Laser Digital is likely to take a longer period to report profitability levels.
Alibaba Affiliate Ant Group Eyes Overseas Web3 Expansion With New Blockchain
Ant Group, an affiliate company of Alibaba (NYSE: BABA) and parent of Alipay, launched a new blockchain service, ZAN which will be targeting Hong Kong, Singapore, and overseas markets f
Coinbase’s Investment Arm Finances Six Onchain Projects, Promotes Innovation
Coinbase Ventures announced an initial round of investments into six projects from the Base Ecosystem Fund, including Avantis, BSX, Onboard, OpenCover, Paragraph, and Truflation.
The investment amounts remain undisclosed.
UK Grants Banking License To Amsterdam-Based Adyen, Which Saw Recent Interest From Cathie Wood’s ARK Invest
Dutch payment technology giant Adyen (OTCMKTS: ADYEY) nabbed a banking license in the U.K., enabling its merchants to offer cash advances to small and medium-sized enterprises there.
Adyen is used by several high-profile companies including Microsoft, Instacart and Subway as an all-in-one payment processor.
Taiwan Polishes Crypto Regulations, Plans To Ban Non-Compliant Offshore Exchanges
Taiwan's financial watchdog of Taiwan drafted 10 guiding principles for virtual asset service providers (VASPs) after a public hearing for the crypto industry.
The principles, compiled by the Financial Supervisory Commission (FSC), are slated to be released by the end of September.
Mastercard Teams With KredX For B2B Payments, Pledges To ‘Strengthen Supply Chains’
Payment giant Mastercard Inc. (NYSE: MA) is integrating its commercial card service with India-based supply chain finance platform KredX.
Google To Update Crypto Advertising Policy: What This Means For You
Alphabet Inc.'s (NASDAQ: GOOG)(NASDAQ: GOOGL) search engine Google will update its advertising policy related to cryptocurrency and blockchain-based games, effectiv