Japan’s Financial Giant SBI to Launch Cryptocurrency Fund

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 the company. SBI Holdings Launching Crypto Fund SBI Holdings Inc. has revealed its … Read more

Stock Exchange SIX Aims to List Bitcoin on SDX, Crypto Trading Platform to Launch This Summer

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 token (NFT) assets like tokenized works of art. SIX to Launch … Read more

Ripple’s Asia Pacific Business Flourishing Despite SEC Lawsuit, Says CEO

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. Securities and Exchange Commission (SEC). In December, the SEC charged … Read more

Nomura and Ripple Partner SBI Holdings Support XRP, Reject Token’s Categorization as Security

As XRP continues to plummet in value due to Ripple’s turmoil with the U.S. Securities and Exchange Commission (SEC), the token seems to find some support in Japan, as crypto exchanges in the nation have refused to delist it. Nomura and Key Ripple Partner Keep Supporting XRP, Reject US SEC Claims Per a report published … Read more

Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas

The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world. A Frankfurt-based operation called Whinstone Inc., … Read more

The Daily: Crypto Self-Regulatory Organization, 100 BTC Whistleblower Reward

In today’s edition of Bitcoin in Brief we cover a couple of stories that show how the cryptocurrency industry is trying to police itself. One group of companies has begun working on the formation of a self-regulatory organization and another has created a 100 BTC whistleblower reward pool. Also Read: 44% of American Executives Think … Read more

SBI Plans Derivatives Platform, Huobi Eyes 30% Korean Market, Thai Four-Crypto ATM Unveiled

Japan’s SBI Group is reportedly planning to create a crypto derivatives platform. In South Korea, Huobi is taking an aggressive approach and expects to achieve a 30% crypto market share. Meanwhile, a Thai crypto exchange has unveiled an ATM that supports four cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space SBI Plans Derivatives … Read more

Japan’s SBI Cryptocurrency Exchange Now Live for 20,000 Users

SBI Holdings’ cryptocurrency exchange is now live for a limited number of customers and with one cryptocurrency supported so far. Starting today, the mega corporation’s crypto spot trading service is available for approximately 20,000 users. Its full crypto exchange launch for the general public is set for next month with two additional cryptocurrencies. Also read: Yahoo! … Read more