Japan, one of the most important markets for cryptocurrencies, has seen a number of important developments over the past week. Japan, one of the leading markets for cryptocurrencies, has seen a series of important developments for the cryptocurrency and blockchain industries this week. The country’s financial regulator, the Financial Services Agency (FSA), has licensed crypto-related […]
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Cryptocurrency compliance company Elliptic raises $23 million in a funding round led by SBI Holdings, among other companies. Cryptocurrency compliance company Elliptic has raised $23 million in a Series B funding round led by Japanese financial powerhouse SBI Holdings. Elliptic continues to expand in Asia According to a press release shared with Cointelegraph on Sept. […]
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MorningStar Japan, a subsidiary of financial giant SBI Holdings, announces that it will offer its shareholders dividends in XRP. On Aug. 29, MorningStar Japan, a subsidiary of financial services giant SBI Holdings, announced that it will offer its shareholders dividends in the form of XRP tokens. According to the statement, the Japanese company will offer […]
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Korean banks push for blockchain adoption as former high-level officials join the space. In recent weeks, major South Korean financial institutions have rolled out a number of services incorporating blockchain technology, especially in the areas of Know Your Customer (KYC) procedures and security. Fintech has become a buzzword for local banks trying to keep up […]
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SBI Ripple Asia is launching a store settlement service affiliated with SBI Holdings and MoneyTap. SBI Ripple Asia — a subsidiary of Japanese financial services giant SBI Holdings — is launching a store settlement service affiliated with SBI Holdings and Ripple’s jointly developed consumer-focused XRP-powered payments app MoneyTap. The news was reported by Cointelegraph Japan […]
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SBI’s VC exchange is now eyeing institutional investors after its first-year profit. Japan has been a land of firsts when it comes to crypto, even if “Satoshi Nakamoto” isn’t really Japanese. It’s the country where Mt. Gox — the first major crypto exchange — was based, as well as the first nation to accept bitcoin as legal […]
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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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United Kingdom-based cryptocurrency payment processor Wirex partnered with Stellar and will launch 26 stablecoin on its chain. United Kingdom-based cryptocurrency payment processor Wirex partnered with Stellar (XLM), the company announced in a press release on their website on April 24. Wirex is a company licensed by the U.K. Financial Conduct Authority (FCA) that allows crypto […]
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Tangem, a manufacturer of ‘smart card’ crypto wallets, has received $15 million in investment from SBI Group. ‘Smart card’ crypto wallet manufacturer Tangem has received a $15 million investment from major Japanese financial services firm SBI Group, Cointelegraph auf Deutsch reports on April 24. The new investment will purportedly allow Tangem to relocate its headquarters […]
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