Cryptocurrency Analysis and News Portal
SBI Digital Asset Holdings, a fully owned subsidiary of Japanese banking giant SBI Holdings, announced a joint crypto venture with Switzerland’s SIX digital exchange (SDX). The joint venture would be set up in Singapore through a crypto issuance company and aims to become a regional liquidity hub for institutions. SBI Holdings
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The two companies will exchange shares through a third-party allotment capital increase, according to the announcement. Hybe will acquire a 2.5% stake in Dunamu worth KRW 500 billion ($423 million), while Dunamu will buy KRW 700 billion of newly issued Hybe shares, which represent a 5.6% stake in the music
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The UK’s Information Commissioner’s Office (ICO) and the Office of the Australian Information Commissioner (OAIC) opened a joint investigation into the personal
Read MoreIn July 2020, six data protection and privacy authorities from Australia, Canada, Gibraltar, Hong Kong SAR, China, Switzerland and the United Kingdom
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The Avalanche (AVAX) Rush is showing no signs of slowing down as it partners with SushiSwap for a soon-to-be-launched joint incentive program. SushiSwap Arrives on Avalanche Network Community-driven decentralized finance (DeFi) protocol SushiSwap is joining in the Avalanche bandwagon, the smart contract platform announced today. The Avalanche Foundation today declared it would launch
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Two members of the United States House of Representatives have petitioned the heads of the Securities and Exchange Commission and Commodity Futures Trading Commission to work with participants in the crypto space for transparency and regulatory clarity.In a Monday tweet, Representative Glenn Thompson said he had submitted a letter with
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Swiss enterprise blockchain developer, the Concordium Foundation, has signed a joint venture agreement with the $200 billion Chinese conglomerate, Geely Holding Group — the largest shareholder in Volvo and a Fortune Global 500 company. The joint venture will be 80% owned by Geely and 20% owned by Concordium, but operationally
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SBI Holdings, a major Japanese financial services firm, is currently in discussions with foreign financial firms to establish a cryptocurrency joint venture.SBI’s founder and CEO Yoshitaka Kitao said his firm would “definitely” turn the venture into a core earner for SBI, while adding his firm is considering large scale mergers
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The global interbank settlement organization SWIFT is partnering with the People’s Bank of China (PBOC).SWIFT and PBOC subsidiaries, including the Digital Currency Research Institute (DCRI) and the bank’s clearing center, have registered with the Chinese government to found a company called Finance Gateway Information Services Company. It’s unclear what the new
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