Japan: E-Commerce Giant Rakuten to Move Crypto Exchange to New Payments Subsidiary

Japanese e-commerce giant Rakuten will control its crypto exchange and prepaid card service through a new setup called Rakuten Payment. Japanese e-commerce firm Rakuten has announced a revision to its corporate restructure, setting up a new payments subsidiary that includes its cryptocurrency business, Cointelegraph Japan reported Jan. 21. Rakuten, known informally as ‘Japan’s Amazon,’ originally […]

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Swiss ‘Smart Card’ Crypto Wallet Tangem Gets $15 Million From Japan’s SBI Group

Crypto hardware wallet developer Tangem says newly raised funds will go towards increasing penetration in industries such as transport and loyalty. Switzerland-based Cryptocurrency ‘smart card’ wallet manufacturer Tangem has secured $15 million in funding from Japanese finance giant SBI Group, the company confirmed in a press release Jan. 21. Tangem, which began issuing its first […]

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Blockchain Consortium R3 Launches Corda Network and Independent Governance Foundation

R3 has announced the launch of its Corda Network, which will be operated and governed by a newly-created not-for-profit organization. Enterprise blockchain software firm R3 has announced the launch of its Corda Network, which will be operated and overseen by a newly created not-for-profit organization, the Corda Network Foundation. The announcement was made in an […]

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SBI Holdings’ Crypto Exchange VCTRADE Accepts Bitcoin, Ethereum, Ripple Deposits

VCTRADE, the cryptocurrency exchange owned by Japanese financial giant SBI Holdings, started accepting crypto deposits. VCTRADE, a crypto exchange recently launched by Japanese financial giant SBI Holdings, has implemented Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) deposits. The company has revealed this in a press release published Dec. 21. The announcement further notes that the […]

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Israel: Financial Services Firm GMT Joins RippleNet

GMT, which describes itself as Israel’s “largest” financial player, is joining Ripple’s network, alongside names such as MoneyGram. Israel-based financial services firm GMT has joined Ripple’s bank and payment provider network, the company confirmed in a recent press release. The result of a “long and precise process,” the move reportedly will help the company remain […]

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US Credit Union Blockchain Consortium Joins R3’s Global Ecosystem

CULedger, a U.S. credit union service organization-owned blockchain consortium, has joined enterprise software firm R3’s global blockchain ecosystem. CULedger, a credit union service organization (CUSO)-owned blockchain consortium, has joined enterprise software firm R3’s global blockchain ecosystem. The partnership was officially revealed in a press release published Dec. 13. Based in Denver, Colorado, CULedger reportedly delivers […]

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