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Cambodian lender SBI LY HOUR Bank has launched the first blockchain-based remittance services between Cambodia and Vietnam. SBI LY HOUR Bank is providing the new services with Vietnamese lender TP Bank, in which its parent, SBI Holdings, has a stake, according to a report by the Phnom Penh Post. The lender
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SBI Crypto, the mining subsidiary of Japanese financial conglomerate SBI Holdings, has opened its mining pool to the general public. As one of the fruits of a strategic partnership between SBI and the German tech firm Northern Data AG, the pool reportedly now ranks 11th globally, according to SBI's announcement on
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Morningstar, a financial information services subsidiary of Japanese financial giant SBI Group, will continue its XRP shareholder benefits program.According to an official announcement Friday, Morningstar has approved year-end shareholder benefits in the form of XRP.The new dividend payout option comes as part of the company’s year-end reward program to thank
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SBI Holdings, a Japanese financial services firm, is to lead an ongoing strategic fundraising round for Swiss digital asset bank Sygnum. Sygnum, which holds a Swiss banking license, said Tuesday it has secured an “eight-figure” U.S. dollar investment from SBI’s subsidiary, SBI Digital Asset Holdings, which will be used to help
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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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Users of SBI's cryptocurrency exchange can lend XRP for a return of 0.1% per annum. Source
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The SBI Holdings statement refers to a research article by Sadakazu Osaki of the Nomura Research Institute indicating that under Japanese law XRP is a "cryptocurrency asset" and not a security. Source
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An SBI Holdings subsidiary and SIX Digital Exchange will offer digital asset services for institutional investors in Singapore. Source
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A subsidiary of SBI Holdings said it's launched a service allowing users to ‘lend’ bitcoin to the firm and earn an interest at the rate of 1% annually in return. Source
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Customers would be able to earn 1% on their deposits for 84 days. Currently, deposits of as low as 0.1 BTC and as high as 5 BTC will be allowed.Japanese financial giant SBI Group has announced that it has hit the ground running with crypto lending service starting today.According to
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