Key highlights: SBI Holdings snaps up a majority stake in Singapore-based crypto exchange Coinhako. Exact valuation for the deal is still under wraps, with MAS approving the acquisition. SBI Holdings is extending its footprint beyond Japan in a bullish expansionist model. Japan-based financial conglomerate SBI Holdings has acquired a majority stake in Holdbuild, the parent […]
Tag: Japan
By Jordan Lyanchev Remember last year? I mean, you should; it wasn’t all that long ago. From a crypto perspective, it brought some massive gains, crashes, records, intensity, adoption, and everything in between. Numerous digital assets managed to break their previous all-time highs, including Ripple’s XRP. In fact, it took the token over seven years […]
By admin The Bank of Korea executed a twenty-five basis point increase in its benchmark interest rate, bringing it to 2.75 percent. This decision marks the first hike since early 2023 and serves as a direct response to consumer inflation reaching 3.2 percent, which exceeds the central bank’s two percent target. The move was driven […]