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Japan Megabanks Kill Joint Blockchain Money Transfer Project, Turn to Their Own Cryptocurrencies
Three of Japan’s biggest banks have canceled a joint project of a blockchain-based peer-to-peer money transfer service. The three so-called Japanese ‘megabanks’, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group, said the joint venture was a duplication of their individual efforts. дальше »
2019-2-5 13:25 | |
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Mobile Bitcoin Wallet BRD Raises $15 Million, Plans for Expansion in Asia
Cryptocurrency mobile wallet provider BRD wants to accelerate its international expansion, and it has secured $15 million to do it. The Series B funding round was raised from SBI Crypto Investment, a subsidiary of Japanese financial giant SBI Holdings. дальше »
2019-1-26 20:04 | |
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A Big Deal for Ripple as SBI Joins Russian Banks to Invest in SBS Bank
Ripple partner, a Japanese Corporation, SBI Holdings has reached an agreement with two other Russian and Japanese banks. The Russian Direct Investment Fund (RDIF) and the Russian-Japanese Investment Fund to invest in SBS bank a subsidiary of SBI. дальше »
2019-1-25 07:23 | |
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Japan’s Mizuho Bank To Launch its Own Stablecoin By March, 2019
One of Japan’s ‘Megabank’, Mizuho Bank, has plans of launching its own cryptocurrency by March of this year. The digital asset will be pegged to the Japanese Yen thus joining the stablecoin category of cryptocurrencies. дальше »
2019-1-5 12:46 | |
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Japan’s Mizuho Bank to Launch Its Own Stablecoin by March 2019
CoinSpeaker Japan’s Mizuho Bank to Launch Its Own Stablecoin by March 2019 Mizuho is launching its new stablecoin pegged to the Japanese Yen in 1:1 ration that will promote the spread of cashless digital systems in the country. дальше »
2018-12-29 19:34 | |
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Japan’s Second Largest Bank to Launch its Own Cryptocurrency in March 2019
According to a report published by Finance Magnets, on December 26, 2018, Japan-based company Mizuho Financial Group is primed to launch its yen-pegged cryptocurrency in March 2019. Mizuho’s Stablecoin to Be Launched in March 2019 The cryptocurrency being introduced by Mizuho will have parity with the Japanese yen and can be used to make and receive payments through a mobile. дальше »
2018-12-28 06:00 | |
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A New Cross-border Payments Corridor Between Japan and Brazil Will Be Opened Soon, Utilizing Ripple
Renowned Japanese bank Mitsubishi UFG Bank and its wholly-owned subsidiary Banco MUFG Brasil signed a MoU with Brazil’s Banco Bradesco SA Bank to create a new cross-border payments corridor. The overseas payments network will work between Japan and Brazil, utilizing blockchain solutions from the US-based fintech company Ripple. дальше »
2018-11-12 20:29 | |
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Newsflash: Prime example why EOS is centralized and not a blockchain while Ripple technology has a new interested party considering joining their network
Biggest Japanese bank to explore Ripple’s technology Ripple’s cross-border payment solutions, powered by the XRP cryptocurrency, have seemingly gotten another party interested to explore them. The party in question, MUFG Bank (and its subsidiary Banco MUFG Brasil S. дальше »
2018-11-11 13:39 | |
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Japan: First Bank of Toyama Piloting a Stablecoin Pegged to the Yuan
A Japanese bank has taken advantage of the ruling that stablecoins are not cryptocurrencies. The First Bank of Toyama has launched a pilot project to test its own stablecoin, the First Bank Coin (FBC), and plans to commercialize the token in October 2019. дальше »
2018-11-5 16:59 | |
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Major 4 Way Partnership Brings Blockchain Trial to Japanese Electric Power Supply
A partnership between four major Japanese companies will be responsible for a research into the possible use of the blockchain technology in distributed electricity supplies across the country. The partnership will be made by Kansei Electric Power Co. дальше »
2018-10-19 01:35 | |
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Zebpay Sets up Operations Overseas After Suspending Exchange Activities in India
Zebpay is reportedly expanding its global presence after suspending cryptocurrency trading operations in India due to the banking ban imposed by the country’s central bank. According to information on its website, an entity has been set up to operate the Zebpay exchange in Malta to serve 20 countries. дальше »
2018-10-17 09:30 | |
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Bitfinex Stops USD Deposits To Their Exchange
The popular digital currency exchange, Bitfinex has reportedly stopped its USD deposits to their exchange. This news comes after last weeks, several rumours that the exchange was broke which made management forced to step up and deny the rumours that they were not bankrupt. дальше »
2018-10-11 21:30 | |
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Quadrigacx Battles Bank Over $21.6M in Frozen Funds
Cryptocurrency exchange Quadrigacx has blamed an ongoing legal dispute over $21. 6 million worth of funds that were frozen by the Canadian Imperial Bank of Commerce (CIBC) in January for delays experienced by some of its customers when requesting fiat currency withdrawals. дальше »
2018-10-10 17:10 | |
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Japanese Internet Monolith GMO to Launch Yen-Pegged Stablecoin
GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY). дальше »
2018-10-10 02:10 | |
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves
Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. дальше »
2018-10-9 00:43 | |
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Nordic Region’s Largest Bank Nordea Suspected of Money Laundering
Nordea, the largest bank in the Nordic region, is reportedly suspected of being part of a major international money laundering scandal. The scheme allegedly involved a Russian client and took place over multiple years at an international branch of the bank that is now closed. дальше »
2018-10-5 09:40 | |
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SBI & Ripple Launch Blockchain Payment App In Japan
MoneyTap, the Ripple-powered payments app has officially gone live according to a tweet by the official account on October 3rd. The consumer-focused service was co-developed by the Japanese financial service SBI Holdings and Ripple. дальше »
2018-10-4 16:00 | |
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India’s Zebpay Shuts Down Exchange Activities
One of the largest cryptocurrency exchanges in India, Zebpay, is shutting down its exchange activities due to the crypto banking ban imposed by the country’s central bank. “At this point, we are unable to find a reasonable way to conduct the cryptocurrency exchange business,” Zebpay wrote. дальше »
2018-9-28 14:28 | |
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RBI Denies Creating Crypto, Blockchain and AI Research Unit
India’s central bank has reportedly denied setting up a unit to research cryptocurrency, blockchain and artificial intelligence as the media reported last month. This unit was supposed to research, draft rules, and supervise new emerging technologies. дальше »
2018-9-28 01:05 | |
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BitPesa Brings Bitcoin Liquidity to African Markets
The bitcoin blockchain is now being used to send money to almost a million customers through the Japanese transfer bank SBI Remit and BitPesa. BitPesa’s African Push The protocol was generated to become a quicker, more trustworthy way to finance Africa’s often undercapitalized markets. дальше »
2018-9-27 19:00 | |
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Kraken: An Overview of One of Europe's Top Bitcoin Exchanges
In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world. дальше »
2018-9-27 21:21 | |
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Danske Bank’s Alleged Money Laundering Now Totals $234 Billion, CEO Quits
The investigation into Danske Bank’s alleged money laundering has uncovered new funds. The amount of “questionable money” flowing through the bank’s Estonian branch has grown from $150 billion to approximately $234 billion. дальше »
2018-9-20 12:25 | |
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Denmark’s Largest Bank Took Two Years to Close Accounts of Blacklisted Russian Clients
Denmark’s largest bank, Danske Bank, reportedly knew that some of its Estonian branch’s clients were on the Russian government’s blacklist but did not close their accounts for two years. дальше »
2018-9-19 06:50 | |
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Hong Kong–Based Blockchain Fund Makes Its Case for Yen-Backed Stablecoin
Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP). дальше »
2018-9-19 00:42 | |
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SBI Holdings to Use Ripple’s Distributed Ledger Technology for Mobile App
Japanese Fintech giant SBI Holdings will launch a Ripple-based mobile application called Money Tap by the end of 2018. Takashi Okita, the CEO of SBI Ripple Asia, announced the news via a tweet on September 12, 2018, and shared a website of the new mobile application. дальше »
2018-9-19 20:30 | |
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Five Major Banks Penalized in State Funds Theft Case in Kenya
Kenya’s central bank has penalized five major commercial banks for handling stolen state funds in the corruption scandal involving the country’s National Youth Service and Ministry of Devolution and Planning. дальше »
2018-9-19 15:30 | |
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Mexico Publishes Crypto Rules, Puts Central Bank in Charge
The government of Mexico has published provisions regarding cryptocurrency. The Bank of Mexico will decide which cryptocurrencies are legal and fintech companies must gain approval from the central bank to operate in the crypto space. дальше »
2018-9-15 12:35 | |
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RBI Ban Hearing Delayed – Indian Supreme Court Too Busy for Crypto This Week
All petitions against the crypto banking ban by the Reserve Bank of India (RBI) are supposed to have been heard by the country’s supreme court on September 11. However, the court has been busy every day this week and has postponed the RBI ban hearing. дальше »
2018-9-15 00:10 | |
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Japanese SBI Set to Launch Ripple-Based Mobile App
Japanese Fintech heavyweight SBI Holdings plans to launch a Ripple-powered mobile payment application called MoneyTap. In a tweet shared with his followers, Takashi Okita, CEO of SBI Ripple Asia shared the web page of the new payment application, which promises to offer "easy bank transfer application" without fees. дальше »
2018-9-15 22:03 | |
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Ripple’s New MoneyTap App Could Dominate Japanese Bank Transfers
The payments network Ripple could be about to pick up a large share of the Japanese currency transfer market. The firm is looking to launch the MoneyTap application with support from the SBI Ripple Asia Japanese Bank Consortium later this year. дальше »
2018-9-13 18:30 | |
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Mt. Gox Victims Must Go To Tokyo, Not US
The Mt. Gox exchange hacks still lurk in the air despite its implosion four years ago in 2014. The United States District Court for the Eastern District of Pennsylvania determined recently it doesn’t have jurisdiction in a case that involves Gox victims and a closely associated bank, in effect condemning the victims to redress their problems at the scene of the crime which is in Tokyo, not the US. дальше »
2018-9-13 13:30 | |
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Deutsche Bank’s Yasuo Matsuda Joins Japanese Crypto-Startup FXcoin
FXcoin Ltd. , a Japanese cryptocurrency startup which was founded by a Deutsche Bank AG veteran brought on Yasuo Matsuda as a senior cryptocurrency strategist. This signals another development in the space between traditional finance and cryptocurrencies to attract more people to fintech. дальше »
2018-9-5 17:00 | |
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Deutsche Bank Veteran Jumps Ship, Joins Japanese Crypto Exchange
Although many risk-averse individuals are hesitant to venture into the nascent cryptocurrency industry, there are some that are willing to take the plunge, including a multitude of former institutional investors, analysts, traders, and executives. дальше »
2018-9-5 13:30 | |
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Japan’s Mizuho Bank Faces Lawsuit From Now-Defunct Mt. Gox Exchange User
Japan’s Mizuho Bank is Facing a Lawsuit from a Mt. Gox Customer Japanese financial giant Mizuho Bank is being sued by a former Mt. Gox customer. According to Japanese reports and Bitcoin. com, Mizuho Bank is being accused of causing difficulties for Mt. дальше »
2018-8-3 00:04 | |
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Japanese bank Mizuho Mt Cox customer Sued
Also Read: Bitcoin Cash Fans Celebrate Independence Day One Year Later Mt Gox and Mizuho Bank Mt Gox customers have a bone to pick with the Japanese financial establishment Mizuho Bank Ltd (TYO:8411; NYSE:MFG), as a few Mt Gox clients claim the bank has been secretive about its relationship with the now-defunct trading platform. California Case: дальше »
2018-8-2 16:00 | |
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Japanese Bank (Mizuho) Sued by Mt Gox Client
Also Read: Bitcoin Cash Fans Celebrate Independence Day One Year Later Mt Gox and Mizuho Bank Mt Gox customers have a bone to pick with the Japanese financial establishment Mizuho Bank Ltd (TYO:8411; NYSE:MFG), as a few Mt Gox clients claim the bank has been secretive about its relationship with the now-defunct trading platform. The bank дальше »
2018-8-2 13:55 | |
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Payments made on Gmos new internet bank will be settled using the blockchain.
Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments. The new entity – dubbed GMO Aozora Net Bank – aims to provide new financial services through the integration of fintech and IT, and will leverage advanced security certificates, blockchain, artificial intelligence and internet дальше »
2018-7-17 20:16 | |
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Tether Announces Appointment of New Chief Compliance Officer
Tether has announced the appointed of Leonardo Real, a former anti-money laundering (AML) quality control manager at Bank of Montreal, as the company’s new chief compliance officer (CSO). The announcement comes just one week after Phil Potter, one of Tether’s directors, announced that he will be leaving sister company, Bitfinex. дальше »
2018-7-14 01:30 | |
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Chairman of Major Japanese Bank Says Ripple Can be the Global Standard of Money
At the Japan Blockchain Conference held on June 27, the biggest cryptocurrency and blockchain conference in Japan, Yoshitaka Kitao, the chairman of SBI Holdings and CEO of SBI Group, expressed his optimism towards the long-term growth of the Ripple blockchain network. дальше »
2018-6-30 13:47 | |
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Japan Bank Consortium Moves to Become Production-ready
The revolution to drive the Internet of Value is gaining more momentum as Japan Bank Consortium (JBC) — a collection of 61 Japan-based bank members brought together by SBI Holdings and SBI Ripple Asia — announced that it’s made progress to become production-ready on RippleNet. дальше »
2018-6-17 12:50 | |
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