Category: Japan

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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Exchange temporarily halts Ether withdrawals as gas fees hit new highs

February 4, 2021

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Average gas fees hit a new all-time high of $17.5 per transaction on Feb. 3, triggering some exchanges to halt Ether and ERC-20 withdrawals. 7794 Total views 24 Total shares Japanese cryptocurrency exchange Liquid has temporarily disabled Ether (ETH) withdrawals as the altcoin hits new all-time highs. According to a Feb. 4 announcement, Liquid has […]

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Japan’s SBI Adds XRP to Cryptocurrency Lending Service

February 4, 2021

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Users of SBI’s cryptocurrency exchange can lend XRP for a return of 0.1% per annum. Feb 4, 2021 at 11:18 a.m. UTCUpdated Feb 4, 2021 at 3:55 p.m. UTC Japan’s SBI Adds XRP to Cryptocurrency Lending Service A subsidiary of Japan-based financial services company SBI Holdings said Thursday it will allow customers to lend the […]

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All Over the World, Small Investors Jump Into the GameStop Frenzy

January 29, 2021

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GameStop’s 900% gain (and the wipeout of Wall Street shareholders) is the talk of financial markets from stocks to crypto.(GameStop, modified by CoinDesk) Jan 29, 2021 at 10:28 p.m. UTC All Over the World, Small Investors Jump Into the GameStop Frenzy The world is watching U.S. markets with great interest, and more than a little […]

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Japan to Have Blockchain-Based Stock Exchange in 2022

January 29, 2021

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The exchange reportedly planned by SBI and SMFG is expected to be the first of its kind in Japan. Jan 29, 2021 at 3:17 p.m. UTC Japan to Have Blockchain-Based Stock Exchange in 2022 SBI Holdings has reportedly partnered with Sumitomo Mitsui Financial Group (SMFG) to launch a digital stock exchange slated for spring 2022. […]

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SBI Holdings and SMFG to launch digital securities exchange in 2022

January 28, 2021

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The upcoming digital stock exchange is expected to be the first Japanese exchange to trade digital securities using blockchain technology. 8678 Total views 24 Total shares Japanese finance group SBI Holdings is building a digital stock exchange in collaboration with Sumitomo Mitsui Financial Group, or SMFG. According to a Nikkei report Thursday, the new digital securities […]

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