SBI Digital Markets Appoints Jai Yung Byun to Bolster Its South Korean Presence
Byun has been consulting SBI Digital Markets since 2023, so his association with the company is not new.
Japanese Financial Giant SBI Holdings Joins XRP Ledger as Validator
SBI VC Trade aims to directly engage with the XRP Ledger, facilitating smoother transactions for its customers while actively contributing to the network’s growth by taking up the role of a validator.
Ripple Expands Presence to Japan with HashKey DX Collaboration
Ripple said that HashKey DX will tap its XRPL to offer customers access to HashKey Group’s suite of blockchain-powered supply chain financial products.
Stablecoin Issuer Circle Partners SBI Holdings for USDC Adoption in Japan
In addition to securing a new banking partner for its USDC stablecoin, Circle said that SBI will adopt its other business offerings, providing end-to-end development, deployment, and operations platforms for building and operating Web3 apps across blockchains.
SuMi Launches Digital Asset Joint Venture with Crypto Exchange Bitbank
By
John K. Kumi
The name disclosed to reporters is Japan Digital Asset Trust Preparatory Company (JADAT), however, it is expected to be shortened to Japan digital asset trust.
Japanese Second-Hand Car Export Company SBI Enables BTC and XRP Support
The decision to add XRP to SBI’s payment options comes as no surprise given that the two companies are on a joint venture to promote the use of XRP in Asia.
SBI Holdings Set to Launch Crypto Fund in Japan This Year
By
Juhi Mirza
The fund will allow the residents of Japan to get their first legitimized exposure to cryptocurrency enabling them to invest in major cryptos.
Ripple Launches On-Demand Liquidity Corridor between Philippines and Japan
The availability of the Ripple ODL option in Japan means customers of RippleNet can leverage the digital asset XRP to eliminate pre-funding and reduce operational costs.
SBI Holdings Encourages XRP Ledger’s NFT Use for Asset Tokenization
SBI’s report also mentioned NFTs as a use case for the art community, pointing out Beeple’s $69 million record-breaking auction sale in March.
Ripple CEO: No Clarity on Cryptocurrency Regulation in US
By
Tolu Ajiboye
The Ripple CEO has decried the lack of proper crypto regulation as the company fights the SEC about the classification of XRP as a security.
SBI Investing 30 Million in Digital Assets Bank Sygnum
By
staff writer
SBI is investing a whopping $30 million in the Swiss and Singapore based crypto bank Sygnum.
SBI Holdings in Talks with Foreign Firms to Start Crypto Joint Venture
By
John K. Kumi
The founder expects that SBI Holdings will take advantage of the cryptocurrency boom to make the area its key earner.
US SEC Sues Ripple for Selling XRP as Unregistered Securities, XRP Tanks Over 25%
The US SEC has accused Ripple of selling $1.3 billion worth of XRP as unregistered securities during its 2013 ICO. The Ripple lawyers say that the allegations are completely baseless and XRP is not an “investment contract”.
SBI Partners with SIX to Enhance Institutional Crypto Adoption
Some of the anticipated services to be offered through the new partnership between SBI and SIX includes listing, trading, CSD infrastructure, digital assets issuing, and crypto custodian services.
Japan’s SBI Group Launches Crypto Lending Service
By
John K. Kumi
Customers would be able to earn 1% on their deposits for 84 days. Currently, deposits of as low as 0.1 BTC and as high as 5 BTC will be allowed.