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Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan

19th December 2021 by admin

Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan

SBI Group, the financial services company group based in Tokyo, Japan, has announced the launch of a crypto asset fund that consists of seven different digital currencies. The crypto fund launched by the Japanese company includes bitcoin, ethereum, xrp, litecoin, bitcoin cash, chainlink, and polkadot. SBI Group’s New Crypto Fund Leverages 7 Different Digital …

Filed Under: Bitcoin News Tagged With: Company, Crypto, Diversified, Financial, Fund, Group, Japan, Launches, Services

Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies

7th December 2021 by admin

Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies

Japan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer companies. Crypto service providers involved in stablecoin transactions, including wallets, will also be brought under the financial regulator’s oversight. Japan to Tighten Stablecoin Regulation Japan’s Financial Services Agency (FSA) is …

Filed Under: Bitcoin News Tagged With: Banks, Companies, Issuers, Japan, Propose, Restricting, Stablecoin, Transfer, Wire

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