Digital Yen Would Make Crypto Markets ‘More Lively,’ Says CEO of Monex Group

Oki Matsumoto, the head of Japanese financial services giant Monex, has welcomed the Bank of Japan’s recent interest in central bank digital currency. Earlier this fall, the Bank of Japan announced its plans to begin testing a central bank digital currency proof-of-concept in 2021. Further details of the institution’s approach to development and collaborations have since emerged, with indications that the private sector is poised to play a prime role, at least in the testing phase.Earlier today, Reuters reported that the CEO of the Japanese financial services giant Monex Inc. is welcoming....

The majority shares of the new combined holding company called Coincheck Group, N.V would be owned by Coincheck’s parent company Monex Group Inc. Coincheck Inc., a Japan-based crypto exchange with over 1.5 million verified customers, is eyeing Nasdaq listing after a special purpose acquisition company (SPAC) merger with Thunder Bridge Capital Partners IV, Inc.The combined holding company would be called Coincheck Group, N.V and is expected to list on Nasdaq after finalization of the deal by the second quarter of 2022 with a ticker symbol “CNCK.” SPACs are publicly traded corporations that....

Bitcoin exchange startup Bitso has raised $2.5m to make it easier for the underbanked in Mexico to gain access to financial services. Among the investors is Mexico-based foreign exchange, Monex Group, which last year conducted $160bn in transactions in Europe, the US and Latin America. Bitso's co-founder and president Daniel Vogel told CoinDesk he believes the expertise of Monex and the other investors will help the startup grow from its "strong footprint" of users in Mexico to elsewhere in Latin America. Speaking from the exhibit booth his company won as part of a startup....

Mexico’s first Bitcoin exchange, Bitso, announced that it has raised $2.5 million in venture capital. The company, founded in 2014, has now raised a total of $4.35 million, becoming the dominant cryptocurrency provider in the Latin American region. Mexico’s First Bitcoin Exchange Bitso Raises $2.5M in Series A Funding. Bitso was the first exchange that....

Barry Silbert and Digital Currency Group are two names many Bitcoin enthusiasts will be more than familiar with. It should come as no surprise to find out that DCG is keeping a close eye on the progress of Bitcoin and blockchain technology in India, which is one of the world’s leading emerging markets. Unocoin is one of the leading Bitcoin in India, and DCG has invested in this company, among others. Digital Currency Group Makes Strategic Investments. The country of India provides an interesting playing ground for Bitcoin, blockchain technology, and digital currency in general. With a....