Softbank’s telecoms arm is set to become the latest member of the Japanese Security Token Association.
Softbank News
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Masayoshi Son found Bitcoin to be “distracting his own focus on his own business.”
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Alibaba co-founder Jack Ma resigns from SoftBank’s board of directors as the firm posts the worst operating losses in its history.
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SoftBank is expected to lose $12.5 billion driven by its investment in WeWork.
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Masayoshi Son reportedly lost over $130 million with his bitcoin investment, according to the Wall Street Journal.
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SoftBank will enable global users to conduct international money transfers via RCS, SMS, or mobile email with a blockchain payment system.
7447 Telecoms giant SoftBank Group is lobbying for greater industry Blockchain uptake with a bespoke consortium and products.
9994Softbank and Saudi Arabia have partnered to launch a $100 bln technology investment fund, which will focus on emerging tech firms and unorthodox markets outside the realm of common investments.
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