Ripple has partnered with HashKey DX to introduce XRP Ledger-based blockchain solutions to the Japanese market.
Crypto Biz: Worldcoin expands, Saudi Aramco considers digital assets, and more
Traditional financial firms are increasingly connecting services, portfolios and operations with digital assets.
Japan’s SBI looks to Saudi Aramco as it continues Middle East expansion
They have signed a memorandum of understanding on digital asset investment and semiconductor production.
Standard Chartered’s venture arm to set up crypto fund in UAE
SC Ventures will establish a “Digital Asset Joint Venture” investment company in partnership with a Japanese financial conglomerate, SBI Holdings.
XDC Network gets Japanese foothold via partnership with SBI subsidiary
After a fruitful spring season, the XDC Network expands its presence in the Japanese market via SBI VC Trade.
Ripple-based MoneyTap adopted by three Japanese banks
Japanese banks like Yamaguchi, Momiji and Kitakyushu now support the MoneyTap P2P remittance service based on RippleNet.
Singapore’s financial authority grants license to SBI’s digital asset arm
The firm planned to launch a digital asset securities platform in Singapore, as well as provide custody, capital markets products and corporate finance advisory services.
SBI Group reports investee getting CFTC approval for OTC derivatives trading in US
Under the U.S. Commodity Exchange Act and CFTC regulations, derivatives exchanges must have approval to operate as a Designated Contract Market or a Swap Execution Facility.
Japanese e-commerce site adopts BTC and XRP payments for used cars
The development marks the first time XRP digital currency will be used on a cross-border Japanese e-commerce site.
SBI Group launches crypto-asset fund for Japanese investors
The SBI crypto-asset fund consists of seven cryptocurrencies including Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Chainlink and Polkadot, none exceeding more than 20% in ratio.
SBI Holdings invests in Singapore crypto exchange Coinhako
Coinhako received regulatory approval from the Monetary Authority of Singapore just a month before the SBI funding.
SBI announces crypto joint venture with Swiss digital exchange SIX
The crypto venture is expected to formalize its operation by the end of 2021 and start offering its services by early 2022.
Traders sit idly by as Ripple (XRP) price struggles to avoid a drop to $0.70
Like other large-cap legacy altcoins, XRP is stuck in a rut, and data suggests investors are content just to sit and watch.
SBI reportedly looks to launch crypto fund in Japan by December
An SBI exec said that the company would consider launching a second crypto fund depending on the success of the first.
Japan to test Ripple’s ODL service for money transfers to Philippines
Japan’s first On-Demand Liquidity (ODL) service implementation helps Ripple to drive the adoption of crypto-enabled services.
Ripple wants go public after settling SEC lawsuit, SBI CEO says
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
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
The mining subsidiary of Japanese financial conglomerate SBI Holdings is opening its pool services to institutional and retail customers alike.
SBI Holdings subsidiary continues XRP benefit program
SBI Holdings subsidiary Morningstar started its XRP shareholder benefits in 2019.
Japan’s SBI Adds XRP to Cryptocurrency Lending Service
Users of SBI’s cryptocurrency exchange can lend XRP for a return of 0.1% per annum.