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Franklin Templeton and SBI Holdings’ Joint Venture Fuels Speculation of XRP ETF in Japan

Japan’s SBI Holdings is gearing up to form a joint venture with U.S. asset manager Franklin Templeton, focusing on digital assets. SBI Holdings will hold a 51% stake, while Franklin The post Franklin Templeton and SBI Holdings’ Joint Venture Fuels Speculation of XRP ETF in Japan appeared first on COINOTAG NEWS .

China and Russia adopt digital payments for trade

China and Russia are ditching traditional banking for digital payments in their trade dealings. Sanctions on Russia have made banking a nightmare, with some transactions taking months to clear. This hassle has pushed both countries to explore quicker, more efficient digital alternatives. Qifa, a digital platform operating in Beijing and Moscow, has become a key

Singapore reports increased use of crypto to fund terrorism

Singapore is facing a troubling trend: more and more cryptocurrencies are being used to fund terrorisms around the world. The Ministry of Home Affairs (MHA) recently reported that, while traditional cash and informal systems still dominate, cryptocurrencies are becoming a big issue. In their words: “Although there is increasing use of cryptocurrencies, the predominant means

Illicit Crypto Terrorist Financing On The Rise, New Singapore Report Finds

A newly published report by Singapore’s Ministry of Home Affairs notes that the illicit use of crypto in terror financing is on the rise, though cash is still the dominant method used in transferring value. The country's terrorism threat level remains high following the October 7 2023 Hamas attacks on Israel that saw nearly 1200 civilians killed. The post Illicit Crypto Terrorist Financing On The Rise, New Singapore Report Finds appeared first on Cryptonews .

Bitcoin ETF Set to Launch in Japan with SBI and Franklin Templeton Collaboration

Japan is set to potentially see the launch of Bitcoin exchange-traded funds (ETFs) following the success these products have witnessed in the U.S. Financial titans SBI and Franklin Templeton have The post Bitcoin ETF Set to Launch in Japan with SBI and Franklin Templeton Collaboration appeared first on COINOTAG NEWS .

Bitcoin Surges to $67K as Ethereum ETFs Face $152M Outflows

In a standout performance, Bitcoin (BTC-USD) surged by 4.4% to approach $67,000 during Friday’s Asia trading session, outpacing the broader crypto ...

BitFlyer acquires FTX Japan to expand into crypto custody and spot ETFs

Japanese crypto exchange BitFlyer has acquired FTX Japan, making it a wholly-owned subsidiary to target crypto custody and spot ETFs. Starting August 26th, FTX Japan will be rebranded under BitFlyer Holdings. The primary focus will reportedly be on building a new crypto custody business, which aims to offer secure storage solutions for institutional investors. Crypto

bitFlyer Acquires FTX Japan, Rebrands as New Custody Company

bitFlyer, a Japanese crypto exchange, has acquired the Japanese branch of the now-bankrupt exchange FTX. FTX Japan will be rebranded after the purchase, initially operating under the temporary name New Custody Company until a new name is chosen. Operating a crypto exchange will become less of a primary focus for New Custody Company; instead, the The post bitFlyer Acquires FTX Japan, Rebrands as New Custody Company appeared first on Coin Edition .

BitFlyer Acquires FTX Japan, Plans Major Crypto Custody Expansion

On Friday, BitFlyer, a cryptocurrency exchange based in Japan, announced the successful acquisition of all outstanding shares of FTX Japan, solidifying FTX Japan as its wholly-owned subsidiary. This acquisition, finalized The post BitFlyer Acquires FTX Japan, Plans Major Crypto Custody Expansion appeared first on COINOTAG NEWS .

FTX Japan Fully Acquired By BitFlyer, Eyes Launch Of Crypto Spot ETFs – Details

On Friday, Japan-based cryptocurrency exchange BitFlyer announced the completion of its acquisition of 100% of the outstanding shares of FTX Japan, making FTX Japan a wholly-owned subsidiary. The acquisition, finalized on July 26, 2024, comes after FTX Trading and related entities, including the Japan subsidiary, filed for Chapter 11 bankruptcy protection in the United States

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