XRP Power Play: SBI Holdings Submits LOI To Acquire Bitbank In Major Asia Move
The SBI Holdings is making a decisive move that could reshape the crypto landscape in Asia. With a letter of intent submitted to acquire Bitbank, the firm is signaling a deeper push into digital asset infrastructure. This development represents a strategic expansion by one of the region’s most influential financial players with deep ties to […]
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In partnership with Sumitomo Mitsui Trust Holdings, crypto exchange Bitbank revealed plans to establish JADAT, a crypto-specialized custodian. In a new development for East Asia, Japanese crypto exchange Bitbank announced a partnership with financial holding company Sumitomo Mitsui Trust Holdings with the goal of establishing Japan Digital Asset Trust (JADAT). According to an announcement sent to Cointelegraph on Tuesday, JADAT will be created to offer custodial services along with auditing and wallet insurance. The company is designed to facilitate the entrance of institutional players....
Bitbank Register. Japan's fast-growing digital currency sector has another new player, a multi-service bitcoin company called Bitbank that aims to capitalize on the country's existing love of both online shopping and electronic payments in physical stores. The company says it is the first online bitcoin payments system in Japan and its motto is 'Bitcoin for Everyone'. Bitbank's feature list now includes a wallet service, the 'Bitbank Register' service for local payments at local restaurants, and 'Bitbank Pay' specifically for online businesses. Fees and accounts. Bitbank Pay is available....
Stablecoin operator Tether has submitted a market bid to acquire a controlling stake in Italian football club Juventus FC. This development follows initial minor investments, as the USDT issuing company looks to deepen its involvement with the footballing institution. Related Reading: Abu Dhabi Steps Up Crypto Regulation: Tether, Circle Secure Major Approvals Tether Promises 1 […]
This is not the first time businesses have looked to offer digital currency discounts. Popular video game site Play-Asia.com is offering some special discounts with bitcoin. Since early September, Play-Asia.com has joined the ranks of businesses like Overstock to accept bitcoin as a feasible method of payment. Just two months ago, the platform released a statement to customers on its news page which read: “To Our Dear Customers, Thanks again for all your constant support! While some of you may have noticed during the checkout process, we’d like to officially announce that we now finally....
Popular cryptocurrency exchange FTX, announced on Wednesday that it will acquire Liquid Group, a Japanese competitor. When all relevant prerequisites are met, the acquisition will be completed by March 2022, according to a press release from Liquid. FTX Moves Into Asia According to the company’s blog post, digital asset exchange FTX decided to acquire Japanese […]