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. Go to Source Powered by WPeMatico
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State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform
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 of India, the country’s largest bank, has reportedly “blocked the receipt of … Read more
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
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. Go to Source Powered by WPeMatico
Ripple and SBI Collaborate to Launch On-Demand Liquidity in Japan — XRP Surges
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 announced Wednesday “the launch of Ripplenet’s first live On-Demand Liquidity (ODL) service implementation in Japan” in … Read more
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
SBI Holdings subsidiary continues XRP benefit program
SBI Holdings subsidiary Morningstar started its XRP shareholder benefits in 2019. Go to Source Powered by WPeMatico
