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Huobi Heats up Competition in Japan With a New Banking Deal


Source: iStock/Sean_Kuma Cryptocurrency exchange Huobi Japan has struck a partnership with Japan Net Bank, an online bank. The deal, per a press release, will allow Huobi Japan customers to make fast yen deposits with a processing time of around 20 minutes at both Japan Net Bank itself, as well...

Asia’s Love Affair With Blockchain Is Blossoming


Far away from western eyes, Asian blockchain projects are thriving. A vibrant ecosystem of public and permissioned chains has sprung to life in Asia, aided by government and big business endorsement of distributed ledger technology (DLT). Many of these chains are virtually unknown outside of...

‘Mainstream Recognition’ for Crypto as Tokai Tokyo Invests in Huobi Japan


Brokerage Tokai Tokyo Financial Holdings has agreed to invest USD 4.6 million in Huobi’s Tokyo-based subsidiary Huobi Japan. Per a press release shared with Cryptonews.com, Huobi Japan CEO Haiteng Chen claimed that Tokai Tokyo’s decision to invest represented “greater mainstream recognition.” Chen...

Boerse Stuttgart and SBI Partner to Expand Crypto Services in Europe and Asia


Germany’s second-largest stock exchange and a major financial services group in Japan have partnered to expand their crypto operations in Europe and Asia. Boerse Stuttgart recently launched its crypto trading platform while SBI has been expanding its crypto business operations for several...

JP Morgan Will Launch IIN Network in Japan to Address AML Issues


Multinational investment bank JP Morgan is all set to launch its blockchain-powered payment system in Japan. The network, which is christened as Interbank Information Network (IIN), will see the launch early next year. The network will address the issuance of data among other bank networks and will...

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