Following registration, SBI VC Trade expects to launch its first USDC stablecoin transactions for selected users on March 12.
SBI News
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SBI Group’s fully-owned crypto exchange, SBI VC Trade, will assist Metaplanet in its Bitcoin strategy by providing various support in trading, storage and operation.
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The partnership strengthens SBI’s position in the Web3 gaming sector while enhancing Oasys’ token liquidity.
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The Japanese joint venture will focus on ETFs and other “emerging asset classes,” including digital assets and cryptocurrency.
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Ripple has partnered with HashKey DX to introduce XRP Ledger-based blockchain solutions to the Japanese market.
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Domestic firms are required to pay tax on paper gains from their cryptocurrency holdings but under proposed tax reforms, would only need to do so when they sell the asset.
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Traditional financial firms are increasingly connecting services, portfolios and operations with digital assets.
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They have signed a memorandum of understanding on digital asset investment and semiconductor production.
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OQC is also launching what it calls “the world’s first enterprise ready quantum computing platform.”
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The agreement was made in a memorandum of understanding, but SBI Holdings must first register as an electronic payment instruments service provider in the country.
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SC Ventures will establish a “Digital Asset Joint Venture” investment company in partnership with a Japanese financial conglomerate, SBI Holdings.
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SBI Holdings will work with UAE firm TradeFinex on a Japanese joint venture to boost the adoption of its enterprise blockchain platform on the XDC Network.
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SBI Remit will use XRP as a bridge currency to enable faster and more cost-effective remittances to several Southeast Asian countries.
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After a fruitful spring season, the XDC Network expands its presence in the Japanese market via SBI VC Trade.
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Japanese banks such as Yamaguchi, Momiji and Kitakyushu now support the MoneyTap P2P remittance service based on RippleNet.
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