Japan

The post Sony Steps Into Crypto Arena with Amber Japan Acquisition appeared first on Coinpedia Fintech News Sony, the global tech giant known for its music, gaming, and camera work, is boldly moving into the cryptocurrency market. A shocking revelation: The company announced its acquisition of Amber Japan, a prominent crypto trading platform, marking its official entry into the cryptocurrency exchange sector. Sony’s New Cryptocurrency Venture According to the local news, Sony, with a $100 billion market cap, has taken…

The post Sony Group Officially Enters Crypto Market With Amber Japan Acquisition appeared first on Coinpedia Fintech News By acquiring Amber Japan, the Japanese subsidiary of the global Amber Group which provides regulated digital asset trading services, Sony Group has officially entered the crypto exchange market. The latest move is a part of Sony’s strategy to diversify its portfolio, which already boasts a market value exceeding $100 billion. Notably, In March 2023, Sony filed a patent for an ‘NFT Framework…

The Japanese banking sector is on the brink of a crisis that will force the sale of close to a trillion dollars worth of US Treasury bonds, which Arthur Hayes says will revive Bitcoin. The ex-BitMEX CEO says that the US Fed will jump in to prevent the open-market dump by offering to print dollars for the Bank of Japan, and this liquidity will inevitably flow into Bitcoin. A crisis beckons in Japan. For years, Japanese banks have been scooping…

80% of Japanese banks partner with Ripple for blockchain payments. Ripple’s technology ensures faster, more cost-effective transactions. Japanese banks are implementing blockchain technology from Ripple with great success; 80% of them are working with the fintech startup to transform international payments. This action shows how far blockchain technology has come in the financial industry and is a significant step toward incorporating cryptocurrencies into traditional finance (TradFi). WOW! „Over 60 Japanese banks representing 80% of the Japanese banking industry have partnered…

Kyoto, Japan, May 13th, 2024, Chainwire The IVS KYOTO Executive Committee is delighted to announce it will host one of the largest and most celebrated annual crypto conferences in Japan in the coming weeks. The three-day IVS Crypto 2024 KYOTO event will be held at the Kyoto Pulse Plaza alongside this year’s Japan Blockchain Week Summit, from Thursday, July 4 to Saturday until July 6, 2024.  The previous edition of IVS Kyoto stood out as the largest crypto event on…

Ripple has partnered with HashKey DX and SBI Group, to bring XRPL-powered innovative solutions to the Japanese market.  Ripple’s collaboration underscores its proactive approach to diversifying its product offerings and expanding its market reach. Ripple, a prominent enterprise blockchain solutions provider, has unveiled a new partnership with Tokyo-based HashKey DX and SBI Group to introduce innovative solutions powered by the XRP Ledger (XRPL) in Japan. The collaboration aims to tap into the burgeoning blockchain adoption trend, starting with the supply…

Shiba Inu (SHIB), the meme coin with a loyal following, experienced a whirlwind of activity in the Japanese market this week. The catalyst? The listing of a new SHIB/JPY trading pair on Binance Japan, a move that initially sent the price soaring. Shiba Inu Soars On Binance Listing, But Briefly On April 30th, Binance Japan announced the addition of the SHIB/JPY pair to its spot trading platform. This move provided Japanese investors with a convenient way to trade SHIB directly…

On April 30, Ripple announced a partnership with HashKey Group, furthering its collaboration with financial services giant SBI Group. The joint venture with HashKey DX, a Tokyo-based specialized consulting company of the HashKey Group, aims to introduce XRP Ledger (XRPL) enterprise solutions to the Japanese market. HashKey DX will deploy supply chain finance solutions to Japan through the partnership, which was highlighted by company CEO Brad Garlinghouse in a post on X. JapanXRPL https://t.co/qjnyvnoTRF — Brad Garlinghouse (@bgarlinghouse) April 30,…

Ripple has announced a major partnership with Tokyo-based HashKey DX, a consulting company of the HashKey Group, to deploy XRP Ledger (XRPL)-powered enterprise solutions in Japan’s burgeoning blockchain sector. The announcement led to an immediate 1.9% increase in XRP’s price, although this gain was slightly pared back; as of the latest data, XRP stands 1.1% higher since the news broke. The Ripple And HashKey Partnership: Details The collaboration leverages the substantial success HashKey Group has seen in mainland China. HashKey‘s…