Sumitomo Mitsui Financial Group, Japan’s 2nd-largest lender by assets, will sign an agreement with SBI Holdings for new smartphone services. The second largest bank in Japan will sign a deal with SBI Holdings to offer digital banking services available on smartphones. According to an April 27 article in the Nikkei newspaper, the Sumitomo Mitsui Financial…
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The subsidiary of Japanese financial services giant SBI Holdings has increased their share of Bitcoin SV following the April 10 halving. A subsidiary of Japanese financial services giant SBI Holdings has seen its share of Bitcoin Satoshi’s Vision (BSV) mining pool share rise since the first halving on April 10. According to cryptocurrency information site…
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Coincheck exchange tops the app charts, Japan’s central bank head forecasts CBDC demand, and more in news from Japan this past week. This week in Japan, SBI Holdings’ president said to watch for central bank digital currencies, or CBDC, Coincheck exchange tallied top app downloads for exchanges is 2019, Japan’s central bank head forecasted CBDC…
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SBI will invest an undisclosed amount in Boerse Stuttgart Digital Exchange and Boerse Stuttgart Digital Ventures to drive crypto adoption. Japanese financial services giant SBI has partnered with Germany’s second-largest stock exchange Boerse Stuttgart Group to promote the adoption of digital assets. Specifically, SBI will invest an undisclosed amount in two digital asset-focused subsidiaries of…
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Ripple, the major blockchain payments firm behind XRP, the third biggest altcoin by market cap, has raised $200 million in Series C led by Tetragon. Ripple, the blockchain payments firm behind XRP, the third biggest altcoin by market cap, has raised $200 million in a new funding round. Led by closed-ended investment company Tetragon, the…
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SBI Holdings is considering the option of paying shareholder dividends in XRP, months after its subsidiary MorningStar began the practice. Japanese financial services giant SBI Holdings is considering to pay shareholder dividends in the form of XRP tokens, following the same practice by its subsidiary MorningStar. After MorningStar started offering its shareholders dividends in XRP…
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From Cointelegraph Japan: This week’s selected cryptocurrency and blockchain news from Japan. In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, the Japanese Liberal Democratic League said that it will formulate a quantum technology innovation strategy by the end of this year, crypto exchange Coincheck’s registered users are steadily increasing, Mt. Gox trustee…
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SBI Securities’ trading revenue surged 19% in 2019 due to the inclusion of SBI VC Trade crypto affiliate in July, SBI Holdings says. SBI Securities’ trading revenue surged 19.2% in 2019, largely due to the inclusion of the company’s crypto investment wing, which turned a $7.1 million loss into a $30 million profit over the…
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From Cointelegraph Japan: This week’s selected cryptocurrency and blockchain news. In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, cryptocurrency exchange Huobi Japan receives a $4.6 million investment, Bitcoin.com acquires blockchain startup O3 Labs, and Ripple CEO Garlinghouse criticizes the Softbank Group. Here is the past week of cryptocurrency and blockchain news in…
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Cointelegraph Japan presents a weekly digest of selected cryptocurrency- and blockchain-related news. The cryptocurrency- and blockchain-friendly country of Japan has seen a number of significant developments for the industries this past week. A self-regulatory organization has introduced guidance for cryptocurrency custodians, while a subsidiary of major financial services firm SBI Holdings will conduct compliance policies…
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