SBI Reports Financial Results, Recognizes Ripple for Cross Border Payments

SBI Holdings has published its nine-month financial report, recognizing Ripple’s potential in cross-border payments. Japanese finance giant SBI Holdings has released its nine-month financial report today, Jan. 31. In the report for the period ending on Dec. 31, 2018, SBI notes Ripple’s potential for cross-border payments. SBI outlines the implementation of technologies by Ripple (XRP) […]

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Untraceable Payments and Unlinkable Transactions: Startup Offers “New Generation” Coin

sponsored The company says it has developed a new ecosystem that includes three payment methods based on the blockchain, plus an exchange platform, cloud mining and investment banking structure. A startup named Pyrex says it has created the “next generation cryptocurrency,” which enables untraceable payments and unlinkable transactions. Its ecosystem includes three separate but interchangeable […]

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Japan: Major Messenger LINE Partners with Financial Giant to Create Blockchain Alliance

Major Japanese messaging app LINE partners with local financial giant Nomura Holdings to create a financial alliance focused on blockchain. Major Japanese messaging app LINE has signed a memorandum of understanding with local financial giant Nomura Holdings to form a blockchain alliance, a press release reveals on Wednesday, Jan. 30. Nomura, which provides investment, financing […]

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JPMorgan Notes Marginal Improvements to Payment System With Blockchain Technology

A recent report from JPMorgan reportedly notes the potential for blockchain technology in banking and payments. Experts at financial services giant JPMorgan say that blockchain technology will provide benefits to banks and payment systems, Bloomberg reports on Jan. 29.   JPMorgan’s chair of global research, Joyce Chang, said, “Blockchain isn’t going to reinvent the global […]

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Bitspark Debuts Hong Kong Dollar-Pegged Stablecoin on Decentralized Exchange

Sparkdex.HKD is reportedly the first HKD-backed stablecoin on the market, where “US Dollar stablecoins have dominated.” Hong Kong-based money transfer platform Bitspark has launched what is reportedly the first stablecoin pegged to the Hong Kong dollar (HKD), local tech and finance news outlet Fintech Hong Kong reports Jan. 29. Bitspark, which has positioned itself as […]

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