Under the U.S. Commodity Exchange Act and CFTC regulations, derivatives exchanges must have approval to operate as a Designated Contract Market or a Swap Execution Facility.
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Category: SBI
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Japanese e-commerce site adopts BTC and XRP payments for used cars
The development marks the first time XRP digital currency will be used on a cross-border Japanese e-commerce site.
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Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan
SBI Group, the financial services company group based in Tokyo, Japan, has announced the launch of a crypto asset fund that consists of seven different digital currencies. The crypto fund launched by the Japanese company includes bitcoin, ethereum, xrp, litecoin, bitcoin cash, chainlink, and polkadot. SBI Group’s New Crypto Fund Leverages 7 Different Digital Assets […]Powered by WPeMatico
SBI Group launches crypto-asset fund for Japanese investors
The SBI crypto-asset fund consists of seven cryptocurrencies including Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Chainlink and Polkadot, none exceeding more than 20% in ratio.
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SBI Holdings invests in Singapore crypto exchange Coinhako
Coinhako received regulatory approval from the Monetary Authority of Singapore just a month before the SBI funding.
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SBI announces crypto joint venture with Swiss digital exchange SIX
The crypto venture is expected to formalize its operation by the end of 2021 and start offering its services by early 2022.
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Traders sit idly by as Ripple (XRP) price struggles to avoid a drop to $0.70
Like other large-cap legacy altcoins, XRP is stuck in a rut, and data suggests investors are content just to sit and watch.
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State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform
State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank’s UPI for crypto merchants. Payment Processors Instructed to Disable SBI UPI for Crypto Firms State Bank of India, the country’s largest bank, has reportedly “blocked the receipt of […]Powered by WPeMatico
Japan’s Financial Giant SBI to Launch Cryptocurrency Fund
Japanese financial conglomerate SBI Holdings is reportedly launching a crypto fund that will invest in several cryptocurrencies. “I want people to hold it together with other assets and experience firsthand how useful it can be for diversifying portfolios,” said an executive of the company. SBI Holdings Launching Crypto Fund SBI Holdings Inc. has revealed its […]Powered by WPeMatico
SBI reportedly looks to launch crypto fund in Japan by December
An SBI exec said that the company would consider launching a second crypto fund depending on the success of the first.
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