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SBI announces crypto joint venture with Swiss digital exchange SIX
8.12.2021
The crypto venture is expected to formalize its operation by the end of 2021 and start offering its services by early 2022
SBI Boss Says that China Is Leading the CBDC Race – Ahead of the USA and Europe
30.11.2021
The CEO of the Japanese financial heavyweight and crypto player SBI Holdings Yoshitaka Kitao has spoken out about central bank digital currencies (CBDCs) – and says China is currently leading the world in digital fiat technology.
Kitao was quoted by the domestic media outlet Dime as stating:...
Traders sit idly by as Ripple (XRP) price struggles to avoid a drop to $0.70
29.9.2021
Like other large-cap legacy altcoins, XRP is stuck in a rut, and data suggests investors are content just to sit and watch
State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform
15.9.2021
State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank’s UPI for crypto merchants. Payment Processors Instructed to Disable SBI UPI for Crypto Firms State Bank...
Japan’s Financial Giant SBI to Launch Cryptocurrency Fund
4.9.2021
Japanese financial conglomerate SBI Holdings is reportedly launching a crypto fund that will invest in several cryptocurrencies. “I want people to hold it together with other assets and experience firsthand how useful it can be for diversifying portfolios,” said an executive of...
Japan’s SBI to Merge Its Crypto Exchanges a Year After Rival Takeover
3.9.2021
SBI’s chief executive Yoshitaka Kitao. The Japanese financial giant SBI is set to merge its crypto exchanges, TaoTao and SBI VC Trade – a move that will create a new Asian heavyweight exchange that could challenge market leaders like bitFlyer.
SBI, traditionally, has focused on its banking...
SBI reportedly looks to launch crypto fund in Japan by December
2.9.2021
An SBI exec said that the company would consider launching a second crypto fund depending on the success of the first
Ripple Introduces on-demand Liquidity With SBI Remit
29.7.2021
Ripple finally announced the launch of RippleNet in partnership with SBI Remit Co., the biggest provider for financial transfers in Japan. Through the partnership, SBI Remit will join hands with SBI VC Trade, the platform for exchanging digital assets and Coins.ph of the Philippines, to enable...
Ripple and SBI Collaborate to Launch On-Demand Liquidity in Japan — XRP Surges
29.7.2021
Ripple has launched its first On-Demand Liquidity (ODL) service implementation in Japan in partnership with SBI Remit, a large Japanese money transfer provider, and Philippine crypto exchange Coins.ph. Ripple, SBI, Coins.ph Collaborate to Launch Ripplenet’s On-Demand Liquidity Ripple Labs...
XRP price skyrockets by 17% as double bottom chart pattern takes shape
28.7.2021
Ripple's XRP token is in the middle of a bullish breakout, which could open the door to $1 next
Japan to test Ripple’s ODL service for money transfers to Philippines
28.7.2021
Japan’s first On-Demand Liquidity (ODL) service implementation helps Ripple to drive the adoption of crypto-enabled services
SBI Backs Ripple XRP Ledger for NFT, Tokenization
1.7.2021
Source: iStock/isa_ozdere
SBI, the Japanese financial and crypto giant, has reaffirmed its backing of Ripple and its XRP ecosystem – claiming that its XRP Ledger network is a good fit for the non-fungible token (NFT) industry, as well as “other assets.”
In a briefing document authored by Yoshitaka...
Ripple wants go public after settling SEC lawsuit, SBI CEO says
29.4.2021
The largest outside Ripple shareholder believes that the XRP-related firm will go public shortly after settling its lawsuit with the SEC
SBI doubled crypto business profits in past fiscal year
28.4.2021
SBI’s total pre-tax profit from its crypto business surged above $174 million in the past fiscal year
SBI Crypto's Bitcoin mining pool goes public
19.3.2021
The mining subsidiary of Japanese financial conglomerate SBI Holdings is opening its pool services to institutional and retail customers alike
Stock Exchange SIX Aims to List Bitcoin on SDX, Crypto Trading Platform to Launch This Summer
18.3.2021
On March 17, a report detailed that the digital exchange being developed by Switzerland’s principal stock exchange SIX is preparing to launch by the summer of 2021. The exchange called SIX Digital Exchange (SDX) reportedly will also offer bitcoin, alongside the possibility of non-fungible...
SBI Holdings subsidiary continues XRP benefit program
12.3.2021
SBI Holdings subsidiary Morningstar started its XRP shareholder benefits in 2019
FX Branch of Japanese Giant SBI Planning Crypto Move – Report
10.3.2021
Another subsidiary of the Japanese financial giant the SBI Group, FX Clearing Trust, is reportedly targetting crypto-related business expansion.
Per an official release, the firm has now acquired a license for investment trust-related business operations, and will rename itself the SBI Clearing...
Ripple’s Asia Pacific Business Flourishing Despite SEC Lawsuit, Says CEO
7.3.2021
Ripple chief executive officer Brad Garlinghouse said Friday that the company’s business in the Asia-Pacific region has not suffered from the ongoing regulatory issues in the U.S. Ripple’s Business in Asia and Japan Sees Growth Ripple is facing a $1.3 billion lawsuit from the U.S....
Japan’s SBI Investing ‘Eight-Figure’ Sum in Swiss Crypto Bank Sygnum
17.2.2021
SBI's digital assets subsidiary will lead a round that will have raised around $30 million for the Swiss firm over six months