Dubai-based financial consultancy firm deVere Group underscores the “justified international surge in crypto-optimism” in a new survey. 68% of global high-net-worth individuals have already invested or are planning to invest in crypto by the end of 2022, according to a survey by Dubai-based financial consultancy firm deVere Group released on May 3. DeVere group has […]
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The partnership aims to keep user data safe and prevent distributed denial-of-service attacks. Vietnam’s CMC Telecom and American cloud service provider Akamai have signed a joint agreement to deliver security services to a blockchain-based trading floor, according to a report shared on CMC’s website on May 2. Akamai is one of the biggest global distributed computing platforms, […]
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The South Korean financial regulator authorized nine companies, some of which use blockchain, to operate in the sandbox. The South Korean Financial Services Commission (FSC) has authorized nine fintech companies to operate in the country as part of a regulatory sandbox, English-language local media The Korea Times reported on May 2. Per the report, the […]
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Japan and South Korea took the remaining spots in the top three countries, still far behind the U.S. The United States, Japan and South Korea are the world’s biggest fans of cryptocurrency exchanges, new research from software firm DataLight reported April 29. After investigating the origin of traders who use well-known exchanges, DataLight — which […]
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There has been a 47% rise in cross-border payments from U.S. crypto exchanges to offshore exchanges since early 2017. There has been a 47% increase in the number of cross-border payments from United States crypto exchanges to offshore exchanges since early 2017, posing an ostensible quandary for regulators. The data was reported in the latest […]
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In the full fiscal year ending on March 31, 2019, SBI Virtual Currencies recorded a profit before tax of around $3.2 million. New Japanese crypto exchange SBI Virtual Currencies (SBIVC) achieved profitability in the first year of its launch, Cointelegraph Japan reports on April 26. SBIVC exchange, launched by Tokyo-based financial services giant SBI Holdings, […]
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Yoshitaka Kitao has been appointed as an executive of Ripple Labs Inc. Yoshitaka Kitao, CEO and representative director of Japanese financial services giant SBI Holdings, has been appointed as an executive of Ripple Labs Inc., Cointelegraph Japan reports on April 26. As previously reported, SBI Holdings is an active partner of Ripple via their joint […]
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The broker’s acquisition of Coincheck and the crypto bear market appeared to weigh on overall performance. Japanese online broker Monex Group is planning to start trading in their United States cryptocurrency exchange in July, CEO Oki Matsumoto said on April 25, according to Cointelegraph Japan. The spin-off, currently dubbed TradeStation Crypto, would serve semi-professional traders […]
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SMBC becomes the network’s latest major member, following BNP Paribas and ING. Major Japanese bank, Sumitomo Mitsui Banking Corporation (SMBC), will leverage R3’s Marco Polo blockchain network for trade finance, local cryptocurrency news outlet CoinDesk Japan reported on April 25. SMBC, which is Japan’s third-largest bank by assets, plans to roll out blockchain services in […]
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The Thai subsidiary plans to launch a major innovation lab focused on blockchain, artificial intelligence and internet of things technology. Telecoms giant NTT Corporation’s Thai subsidiary plans to launch a major innovation lab focused on blockchain, artificial intelligence and internet of things technology. Thai English-language newspaper the Bangkok Post reported on the development on April […]
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