Financial Firm SBI Holdings to Offer XRP Cryptocurrency as Shareholders’ Benefit – CoinDesk

Japan’s crypto-friendly financial services company SBI Holdings will give shareholders the option to receive the XRP cryptocurrency as a benefit. SBI announced on Friday shareholders could either take the benefit in XRP or another product offered by health food and cosmetics subsidiary SBI Alapromo. Under the scheme, new shareholders on the company’s registry as of […]

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Japan Second-Quarter GDP Revision Sparks Recession Fears – CCN.com

Japan’s economy faces both external and internal risks as latest GDP numbers released. | Source: Shutterstock Japan’s economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government’s planned consumption tax hike later this year. Ironically, the long-delayed sales tax increase is expected to shrink Japan’s GDP output later […]

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‘We Promote Bitcoin and Love Blockchain’, says Japanese Central Banker

Japan’s central bank, unlike China, isn’t petrified of capital outflows or investment through cryptocurrency.| Source: Shutterstock By CCN Markets: Japan’s central bank has reaffirmed the country’s position as one of the world’s most progressive countries with regards to Bitcoin and other cryptocurrencies. According to the Nikkei Asian Review, a senior Bank of Japan official has […]

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Japan’s Biggest E-Commerce Firm Officially Launches Cryptocurrency Exchange

Japan’s biggest e-commerce website is officially launching its cryptocurrency exchange. .| Source: Shutterstock By CCN Markets: Rakuten, the largest e-commerce company in Japan which serves well over 1.2 billion individuals globally with its e-commerce and payments services, has officially launched a cryptocurrency exchange. The official statement of Rakuten read: “Rakuten Wallet, Inc., a consolidated subsidiary […]

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