Bookmarking Crypto Insights
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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. Go to Source Powered by WPeMatico
Here’s where cryptocurrency firms have received the most regulatory approvals and licenses over the past few weeks. Go to Source Powered by WPeMatico
SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid mounting uncertainty over the future of such investments due to the ongoing conflict in Ukraine, as well as decreased mining profits, the financial firm said it plans to sell its equipment and withdraw. Japan’s SBI … Read more
After terminating mining operations in Russia’s mining-rich region of Siberia in February, SBI still continues running some mining activity in the country. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
The development marks the first time XRP digital currency will be used on a cross-border Japanese e-commerce site. Go to Source Powered by WPeMatico
SBI Group, the financial services company group based in Tokyo, Japan, has announced the launch of a crypto asset fund that consists of seven different digital currencies. The crypto fund launched by the Japanese company includes bitcoin, ethereum, xrp, litecoin, bitcoin cash, chainlink, and polkadot. SBI Group’s New Crypto Fund Leverages 7 Different Digital Assets … Read more
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. Go to Source Powered by WPeMatico
Coinhako received regulatory approval from the Monetary Authority of Singapore just a month before the SBI funding. Go to Source Powered by WPeMatico
The crypto venture is expected to formalize its operation by the end of 2021 and start offering its services by early 2022. Go to Source Powered by WPeMatico
