Tagged: japan

September 14, 2018 @ 8:50 pm By Samantha Hurst  |  

On Thursday, Ripple announced the National Commerical Bank (NCB) of Saudi Arabia has joined RippleNet. According to Ripple, NCB was the first bank established in the country and, as of today, it is one of the largest financial institutions in the Middle East with more than… Read More

September 13, 2018 @ 3:17 pm By JD Alois  |  

Crypto wallet CoolBitX has announced a new partnership with the Litecoin Foundation. At the same time, CoolBitX is kicking off its global launch of its CoolWallet S hardware in the US. CoolBitX envisions a future where retail consumers use their crypto wallet hardware and the… Read More

September 4, 2018 @ 8:36 am By JD Alois  |  

LendInvest, a leading online property finance platform, reports it has secured £150 million of “initial funding” in a new joint venture with Nomura, a global investment bank,  and Magnetar, an alternative investment manager. This new capital infusion now places LendInvest’s total capital for lending at… Read More

September 3, 2018 @ 6:58 am By JD Alois  |  

NEGTEC, the creator of the Sakura Bloom project and issuers of the Sakura Bloom Coin (SKB), has announced the launch of a donation site “Dream-Kicker.” The new site will use SKB to help promote “the introduction of cutting-edge regenerative medicine and medical equipment to hospitals,”… Read More

September 2, 2018 @ 9:07 am By Samantha Hurst  |  

Japanese social media network LINE announced on Friday the launch of its first digital token, LINK, and its first blockchain network, LINK Chain. According to LINE, both token and network were built independently by the social platform and LINK Chain is described as a service-oriented blockchain… Read More

September 1, 2018 @ 1:22 pm By Cali Haan  |  

Japan’s banking, securities and insurance regulator, the Financial Services Agency (FSA), has told Bitcoin.com that around 160 companies have applied to open cryptocurrency exchanges in the country: “Including preliminary consultation/inquiries regarding registration, around 160 operators are expressing their intention of market entry.” The applications appear to… Read More

August 24, 2018 @ 4:06 pm By JD Alois  |  

Buried within a report from Bloomberg this week was an interesting statement from Japan. Speaking with the relatively new Commissioner of the Japanese Financial Services Agency, Toshihide Endo, the public official shared his thoughts on cryptocurrency and Japan. Japan became a haven of sorts for… Read More

August 13, 2018 @ 11:00 am By Cali Haan  |  

Onsite inspections of 16 licensed cryptocurrency exchanges and 7 with licenses pending in Japan has revealed generally loose business practices and controls, according to a report released last Friday by the Japanese Financial Services Agency (FSA). The inspections were conducted by the FSA in cooperation with… Read More

August 8, 2018 @ 9:33 am By Cali Haan  |  

Relatively loose Japanese laws designed to facilitate the use of cryptocurrencies at the retail level will soon be revised to reflect their actual use as speculative investments, Japan Times reports. Initial laws enshrined in April 2017 made Japan was one of the first powerhouse economies… Read More

August 7, 2018 @ 10:22 pm By Cali Haan  |  

A Japanese bank that allegedly allowed notorious failing cryptocurrency exchange Mt Gox to continue accepting deposits while simultaneously freezing withdrawals is once again appealing a ruling that allowed a class action suit to proceed against the bank in the US, Finance Feeds reports. The bank,… Read More

August 2, 2018 @ 10:42 pm By JD Alois  |  

Infoteria Corporation, an enterprise software company in Japan (Listed on TSE Sec.1: 3853) and Zilliqa have formed a partnership with Infoteria will enable corporate use of the fast blockchain. Zilliqa is one of a handful of companies seeking to address current shortcomings in distributed ledger… Read More

July 19, 2018 @ 3:00 pm By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Crowdcube, UK fintech Glint has successfully secured its initial £1.25 million funding target, thanks to nearly 300 investors. The funding round is part of Glint new Series A funding round, which is seeking a total of… Read More

July 17, 2018 @ 1:58 pm By Samantha Hurst  |  

Following the announcement that Glint was seeking a total of £15 million through Series A financing round to expand into the U.S. and Japan by the end of this year, the UK fintech launched an equity crowdfunding campaign on Crowdcube to raise £1,250,000 as part of the Series… Read More

July 14, 2018 @ 4:29 pm By Xu Gao  |  

Toutiao Marches into the Fintech Market with Cash Loan Products China’s leading digital media platform Toutiao has long denied the potential of entering the financial markets. However, it is reported this week that a series of cash loan products have launched on Toutiao’s app without… Read More

July 13, 2018 @ 9:50 am By Samantha Hurst  |  

Paidy, Inc., a Japan-based post-pay credit account company, announced on Thursday it secured $55 million through its Series C funding round, which was led by ITOCHU Corporation with participation from Goldman Sachs. The company reported combined with its two previous Series A and B rounds,… Read More

July 12, 2018 @ 9:13 am By Samantha Hurst  |  

UK fintech Glint announced on Thursday it is now seeking £15 million through its Series A financing round to expand into the U.S. and Japan by the end of this year. This news comes nearly eight months after the company launched its mobile app, which allows… Read More

July 11, 2018 @ 10:29 pm By JD Alois  |  

Coinsquare, a Canadian cryptocurrency exchange, and DLTA 21 Blockchain Corp., a Canadian blockchain investment bank, have partnered up on a  cryptocurrency trading in Japan. The two companies said the new trading platform will be doing business as DLTa21X after receiving regulatory approval in Japan. Cole Diamond,… Read More

July 11, 2018 @ 12:38 pm By JD Alois  |  

Once again, the UK Department for International Trade (DIT) is booking trips abroad to promote and interact with financial innovation types around the world. DIT has scheduled two trips for this Fall. First, DIT has scheduled their second UK Fintech Mission to Mexico City from 11-14… Read More

June 21, 2018 @ 7:01 am By JD Alois  |  

“JAPAN BLOCKCHAIN ​​CONFERENCE” – TOKYO Round 2018 Japan’s largest Blockchain conference  More than 100 companies, organizations of cryptographic currency experts from around the world gather in Tokyo!  “Number of mobilizers: 10,000 (planned)” Blockchain: The leading domestic and overseas companies and organizations that are responsible for… Read More

June 19, 2018 @ 8:24 am By Cali Haan  |  

As part of its dedicated efforts to become ecologically and economically self-sustaining, a Japanese village called Nishiawakura is considering raising funds by ICO (initial coin offering) to replace revenue from government development grants that expire in 2020. The forested village, which sits in the mountainous… Read More