SBI Ripple Asia has just confirmed that it will be working with SBI Remit and Vietnam’s TPBank to facilitate remittance payments between Japan and Vietnam. The partnership will enable near-instant, low cost payments using the collaboration between Ripple Labs and SBI Holdings, RippleNet. Although the partnership is certainly encouraging for the adoption of RippleNet, the…
A research and development division at Sony has unveiled a new contactless cryptocurrency hardware wallet for cold storage, which could indicate the consumer electronics giant may be eyeing a bigger move into the cryptocurrency space. Sony Computer Science Lab Preparing Contactless Crypto Wallet The research and development arm of Japan-based Sony Corporation, Sony Computer Science…
Denmark-based cryptography specialist Sepior has partnered with Japanese online financial services firm SBI Group to jointly develop a proprietary wallet on SBI’s Virtual Currencies exchange platform, VCTRADE. Cryptography Specialist Sepior Agrees to Boost VCTRADE’s Security With Threshold Wallet Technology The financial services giant licensed Sepior’s Threshold Wallet technology, which addresses online wallet and transaction security using…
The Japanese government has started developing a crypto payments platform similar to SWIFT according to reports. The effort has come as part of a wider spread initiative to combat money laundering. SWIFT Not So Swift According to Reuters, citing ‘a person familiar with the plan’, the international network for crypto currency payments will rival SWIFT…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Reports suggest that Hong Kong’s securities watchdog has come up with new plans to regulate cryptocurrency funds and exchanges. While it is known for being crypto-friendly, Hong Kong is still not satisfied with the amount of protection that its crypto users currently enjoy. As a result of this, the Securities and Futures Commission (SFC) announced plans…
Este artículo también está disponible en español. Japanese early-stage investment company Metaplanet purchased an additional $2 million worth of Bitcoin today, reaffirming the firm’s trust in the leading digital asset. ‘Japanese MicroStrategy’ Bolsters Its Bitcoin Reserves In an announcement on September 10, 2024, Metaplanet said it had increased its cryptocurrency holdings by 38.464 BTC, bought…
The decentralized nature of crypto assets ensures that transactions and activities involving the assets have no third parties interference. This has remained a leveraging feature that decentralized finance uses against its centralized counterpart. Yet, most criminal activities relating to cryptocurrency are scaling through based on its decentralized characteristics. One of such prevalent crimes is money…
A rewards subsidiary of Kansai Electric Power has launched a loyalty-points conversion route into JPYC on Polygon, giving Japanese users a small but meaningful bridge between closed-loop reward points and on-chain stablecoin payments. The integration involves MOACT’s rewards app, NORM Points, JPYC, Polygon, and HashPort Wallet. According to the validated notes, users can convert loyalty…
Following the demise of one of Poland’s largest crypto exchanges last week, news is breaking today that one in Japan has just been hacked. Bitpoint Suspends Services An official announcement today stated that Japanese crypto exchange Bitpoint has suspended services following a heist to the tune of around $32 million in crypto assets. A Boomberg…