Category: Japan

SBI doubled crypto business profits in past fiscal year

April 28, 2021

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SBI’s total pre-tax profit from its crypto business surged above $174 million in the past fiscal year. 10826 Total views 25 Total shares Japanese financial giant SBI Group more than doubled the total profit of its cryptocurrency business during the fiscal year that ended in March. On Wednesday, SBI released a report on the company’s financial […]

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Asia-Pacific’s solarized digitalization agenda in pandemic times

April 24, 2021

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The virtual 7th Asia-Pacific Climate Change Adaptation Forum was jointly hosted by the Ministry of the Environment of Japan and the Asia Pacific Adaptation Network with the theme “Enabling Resilience for All: The Critical Decade to Scale-up Action.” The forum took place in March and was held to formulate national adaptation planning for science and […]

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SBI Crypto’s Bitcoin mining pool goes public

March 19, 2021

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The mining subsidiary of Japanese financial conglomerate SBI Holdings is opening its pool services to institutional and retail customers alike. 5291 Total views 30 Total shares SBI Crypto, the mining subsidiary of Japanese financial conglomerate SBI Holdings, has opened its mining pool to the general public.  As one of the fruits of a strategic partnership […]

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Bank of Japan governor says CBDC preparation can’t wait until hour of need

March 16, 2021

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In fresh remarks, Bank of Japan Governor Kuroda Haruhiko said that experiments with a domestic central bank digital currency will begin in spring 2021. 3663 Total views 19 Total shares Japan is taking a measured but attentive approach to global interest in central bank digital currency issuance. In his latest remarks published on Tuesday, Bank […]

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SBI Holdings subsidiary continues XRP benefit program

March 12, 2021

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SBI Holdings subsidiary Morningstar started its XRP shareholder benefits in 2019. 8722 Total views 30 Total shares Morningstar, a financial information services subsidiary of Japanese financial giant SBI Group, will continue its XRP shareholder benefits program. According to an official announcement Friday, Morningstar has approved year-end shareholder benefits in the form of XRP. The new […]

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Rakuten’s customers can now use Bitcoin for shopping

March 1, 2021

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Japanese retail giant Rakuten has integrated its crypto wallet with its payment app, enabling consumers to directly load and convert their Bitcoin holdings for use in everyday spending. 7240 Total views 53 Total shares Crypto-friendly Japanese retailer Rakuten is now enabling users of Rakuten Wallet, its crypto exchange subsidiary, to easily spend their cryptocurrency holdings […]

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Creditors of Mt. Gox Bitcoin exchange to vote on draft refund plan

February 25, 2021

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Mt. Gox creditors will vote on a proposed draft compensation plan in October. 2995 Total views 15 Total shares The trustee of hacked, now-defunct cryptocurrency exchange Mt. Gox has posted another update on the long-running process of refunding the exchange clients. Nobuaki Kobayashi, a Tokyo attorney appointed to act as civil rehabilitation trustee to manage […]

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Crypto derivatives exchange FTX launches futures on 2021 Olympics

February 25, 2021

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Will they or won’t they happen? Amid debates over how safe the Olympic games can be in 2021, cryptocurrency traders can now bet on the likelihood of their eventual go-ahead. 2044 Total views 16 Total shares Cryptocurrency derivatives exchange FTX has created a new specialized futures contract for traders to bet on the likelihood of […]

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SBI looking to set up joint crypto ventures with foreign firms

February 15, 2021

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SBI Holdings is reportedly considering mergers and acquisitions as a means of solidifying a potential deal. 13910 Total views 24 Total shares Japanese financial conglomerate SBI Holdings is reportedly planning to set up a joint cryptocurrency venture with foreign financial companies. SBI CEO Yoshitaka Kitao said that the Japanese company is in talks with other […]

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Japan’s SBI in Talks Over Joint Venture to Make Crypto a Core Revenue Source

February 15, 2021

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SBI’s founder and CEO Yoshitaka Kitao said his firm would turn the planned crypto venture into a core source of profitability. Feb 15, 2021 at 9:53 a.m. UTC Japan’s SBI in Talks Over Joint Venture to Make Crypto a Core Revenue Source SBI Holdings, a major Japanese financial services firm, is currently in discussions with […]

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