Search Results for: SBI Holdings
Japanese bank consortium to build new payments network with SBI Ripple Asia
August 23rd, 2016
A consortium of 15 Japanese banks are to work with blockchain joint venture SBI Ripple Asia, to build a new payments platform promising round-the-clock real-time settlement for cross-border and domestic funds transfers. Ripple announced its joint venture with Japanese ...
Japanese companies to launch virtual currencies exchanges to meet hot demand
May 3rd, 2017
Tax cuts, higher standards making trading easier, soaring demand in bitcoin-like investments More than 10 Japanese companies are launching exchanges for bitcoin and other virtual currencies, with an eye to tap growing demand after legal changes that make such ...
Japan banks to test blockchain-based money transfers
April 28th, 2017
A consortium of Japanese banks will experiment with fund transfers using virtual currencies, with an eye toward developing a more convenient, lower-cost alternative to wiring money. SBI Holdings and SBI Ripple Asia lead the payments consortium, which had 56 ...
42 Banks Join New Japanese Blockchain Consortium
November 2nd, 2016
42 banks are joining a newly-created Japanese blockchain consortium to enhance the cross-border payment industry. The consortium will focus on research and development, and will cover domestic and foreign exchange services by utilizing blockchain technology. The Japanese blockchain organization ...
Japanese Financial Institution Set to Launch a Digital Currency Exchange
October 31st, 2016
Japanese financial services group SBI is set to launch a platform that enables the trading and exchange of virtual currencies, citing increasing interest in virtual currencies like bitcoin which is proving popular among everyday investors. An announcement reveals the new company to be ...
Japan banks target fintech start-ups after law change
September 26th, 2016
Change to 5% ownership cap part of national effort to push financial technology Japan’s biggest banks are looking to pour hundreds of millions of dollars into fintech start-ups after the abolition of a law that prevented them from owning more than ...
Fintech Firm Ripple raises $55 Million In funding
September 16th, 2016
Ripple set out to solve a global problem, with far-reaching implications and significant obstacles. Where others struggle to find a use case and a market, Ripple has turned customers into investors, and capital into commercial deployments of our solutions. ...
Financial services group based in Japan will Join Blockchain Consortium R3
March 15th, 2016
SBI Holdings, Inc. (Head Office: Minato-ku, Tokyo; Representative Director and CEO: Yoshitaka Kitao; “SBIH”) hereby announces that it will join blockchain consortium R3 led by R3 CEV LLC (Head Office: New York City, New York State, U.S.; CEO: David ...
7 Asian Banks Investigating Bitcoin and Blockchain Tech
February 17th, 2016
Until recently, there was a noticeable lack of interest in bitcoin and the blockchain among the financial institutions of Asia. In fact, banks there were more likely to be issuing warnings about digital currencies than getting involved in any related activity. It was the fall of Mt Gox in ...
Japan’s Largest Bank developed its own digital currency
February 4th, 2016
Bank of Tokyo-Mitsubishi UFJ (MUFG) has revealed that it has developed its own digital currency nicknamed “MUFG coin” as part of its research into blockchain and distributed ledger technology. According to The Asahi Shimbun, the digital currency project seeks ...
