SBI – DIGIT INFO

Crypto Biz: Worldcoin expands, Saudi Aramco considers digital assets, and more

Traditional financial firms are increasingly connecting services, portfolios and operations with digital assets.

Japan’s SBI looks to Saudi Aramco as it continues Middle East expansion

They have signed a memorandum of understanding on digital asset investment and semiconductor production.

Standard Chartered’s venture arm to set up crypto fund in UAE

SC Ventures will establish a Digital Asset Joint Venture investment company in partnership with a Japanese financial conglomerate, SBI Holdings.

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XDC Network gets Japanese foothold via partnership with SBI subsidiary

After a fruitful spring season, the XDC Network (XinFin) expands its presence in the Japanese market via SBI VC Trade.

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Ripple-based MoneyTap adopted by three Japanese banks

Japanese banks like Yamaguchi, Momiji and Kitakyushu now support the MoneyTap P2P remittance service based on RippleNet.

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JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain

JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials under the supervision of the Monetary Authority of Singapore (MAS). Singapore’s central bank is planning two more pilots that involve Standard Chartered Bank, HSBC, and UOB. JPMorgan, DBS […]

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Singapore’s financial authority grants license to SBI’s digital asset arm

The firm planned to launch a digital asset securities platform in Singapore, as well as provide custody, capital markets products, and corporate finance advisory services.

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Crypto licensing roundup: Learn about the most recent approvals in the industry

Here’s where cryptocurrency firms have received the most regulatory approvals and licenses over the past few weeks.

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Leading Japanese Online Broker SBI to Pull Out of Russia’s Crypto Mining Sector

Russia, Russian, Japan, Japanese, SBI, SBI Holdings, crypto, cryptocurrency, cryptocurrencies, crypto mining, mining operations, cryptocurrency mining, crypto miners, cryptocurrency miners, sanctions, restrictions, Ukraine, war, conflict, U.S., United States

SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid mounting uncertainty over the future of such investments due to the ongoing conflict in Ukraine, as well as decreased mining profits, the financial firm said it plans to sell its equipment and withdraw. Japan’s SBI […]

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SBI lost 40% of hash rate after stopping mining in Russia: Data

After terminating mining operations in Russia’s mining-rich region of Siberia in February, SBI still continues running some mining activity in the country.

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