Japanese Banks Trial Virtual Currency For Funds Transfers
Members of Japanese bank consortium focused on blockchain is set to test a virtual currency-based funds transfer system.
SBI Virtual Currency, a subsidiary of SBI Holdings, will no longer partner with Huobi Group on setting up two Japan-based cryptocurrency exchanges.
SBI Holdings, the financial services arm of the SBI Group, has bought a 40 percent stake in cryptocurrency hardware wallet maker CoolBitX.
SBI Bank LLC, a commercial bank owned by Japanese financial giant SBI Holdings, is joining blockchain banking consortium R3.
The launch of Japan's first bank-backed cryptocurrency exchange has again been postponed as it seeks to strengthen security measures.
The financial services division of Japan’s SBI Group has revealed plans to move deeper into the world of cryptocurrencies and blockchain.