By Yuki Hagiwara
Bitcoin sank 4.4% to $8,506 on Thursday after Japan’s Financial Services Agency was said to be planning to tell Binance, the trading venue founded by Zhao Changpeng, to stop operating in the country without a license.
Paypal CEO Dan Schulman says blockchain will be the more powerful part of the landscape, and that cryptocurrencies are “just one application.”
Qualified accredited investors will be able to put money into Bitcoin Cash, Ether, Litecoin and Ripple, the investment firm said.
The funding will be used to drive expansion for the chat app across Asia
Nissan Motor Co. may get a boost from a deepening relationship with Japan’s biggest trading house as access to battery materials becomes a priority amid the industry’s push into electric vehicles.
Waymo is a pioneer in autonomous vehicles, however rivals including Uber and General Motors Co.’s Cruise division are racing to catch up.
SCB Abacus, has wooed about 30 Thai technology experts from companies abroad to work on projects like the robo-adviser.
LTA is exploring the use of automation and autonomous vehicles to improve efficiency, reduce human error and deliver better services.
Data Collective VC, Prelude Ventures and New Zealand Venture Investment Fund also joined the round.
Tencent has been stepping up efforts to expand its pipeline of content for the global games market.