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. Go to Source Powered by WPeMatico
SBI
Auto Added by WPeMatico
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 … Read more
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
Leading Japanese Online Broker SBI to Pull Out of Russia’s Crypto Mining Sector
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 … Read more
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. Go to Source Powered by WPeMatico
SBI Group reports investee getting CFTC approval for OTC derivatives trading in US
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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 … Read more
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. Go to Source Powered by WPeMatico