SBI News

The firm planned to launch a digital asset securities platform in Singapore, as well as provide custody, capital markets products and corporate finance advisory services.

Here's where cryptocurrency firms have received the most regulatory approvals and licenses over the past few weeks.

After terminating mining operations in Russia's mining-rich region of Siberia in February, SBI still continues running some mining activity in the country.

Under the U.S. Commodity Exchange Act and CFTC regulations, derivatives exchanges must have approval to operate as a Designated Contract Market or a Swap Execution Facility.

The development marks the first time XRP digital currency will be used on a cross-border Japanese e-commerce site.

The SBI crypto-asset fund consists of seven cryptocurrencies including Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Chainlink and Polkadot, none exceeding more than 20% in ratio.

Coinhako received regulatory approval from the Monetary Authority of Singapore just a month before the SBI funding.

The crypto venture is expected to formalize its operation by the end of 2021 and start offering its services by early 2022.

Like other large-cap legacy altcoins, XRP is stuck in a rut and data suggests investors are content just to sit and watch.

An SBI exec said that the company would consider launching a second crypto fund depending on the success of the first.

Japan’s first On-Demand Liquidity service implementation helps Ripple drive the adoption of crypto-enabled services.

The largest outside-Ripple shareholder believes that the XRP-related firm will go public shortly after settling its lawsuit with the SEC.

SBI’s total pre-tax profit from its crypto business surged above $174 million in the past fiscal year.

The mining subsidiary of Japanese financial conglomerate SBI Holdings is opening its pool services to institutional and retail customers alike.

SBI Holdings subsidiary Morningstar started its XRP shareholder benefits in 2019.