• Latest
SBI Ripple Asia Wins Payments License for Blockchain Money App

SBI Ripple Asia Wins Payments License for Blockchain Money App

September 26, 2018
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

SBI Ripple Asia Wins Payments License for Blockchain Money App

coinnewsdaily by coinnewsdaily
September 26, 2018
in Business
0
SBI Ripple Asia Wins Payments License for Blockchain Money App
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022

A joint venture between SBI Holdings and Ripple has inched a step closer to launching its blockchain-based payments app for consumers.

SBI Ripple Asia announced Wednesday it has completed registration with the Kantou bureau of Japan’s Ministry of Finance as a licensed agent for handling electronic payments.

The move clears the regulatory path for SBI Ripple Asia to roll out its MoneyTap payments app – one aimed to facilitate peer-to-peer money transfer for retail users over a DLT network.

According to Japan’s Financial Services Agency (FSA), any entity wanting to operate as an agent to handle electronic payments using banks’ open APIs must be registered with local finance bureaus. This legal requirement became effective as of June 1 this year, the FSA said in an announcement in May.

SBI Ripple Asia explained that, as MoneyTap uses blockchain as the underlying technology and connects with open APIs among participating domestic financial institutions, it falls under this regulatory category as a third-party transaction agent.

CoinDesk reported in March that SBI Ripple Asia had revealed its plan to launch a blockchain-based payments app for Japanese consumers across three domestic banks, with a plan to eventually expand to more than 60 financial institutions.

Takashi Okita, chief executive of SBI Ripple Asia, said last month that the company is now looking to officially roll out the service in the autumn, adding that the application will be available on both iOS and Android devices.

The news also follows a report on Tuesday that SBI Group is currently testing its own DLT-based crypto token called “S coin” in a move aimed to boost retail payments efficiency on mobile devices.

Japanese yen image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.



Credit: Source link

Tags: BusinessCryptoCrypto BusinessDigital Currency Grouplocal finance bureausmedia outletMinistry of FinanceRipple
Share76Tweet48
Previous Post

You Won’t Have to Wait for This Ethereum Scaling Solution – It Works Now

Next Post

Australia’s Science Agency Claims Breakthrough in Global Blockchain Test

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?
Alt Coin

What is the future of Ethereum (ETH)?

April 22, 2022
Load More
Next Post
Australia’s Science Agency Claims Breakthrough in Global Blockchain Test

Australia's Science Agency Claims Breakthrough in Global Blockchain Test

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$20,698.00-3.55%
  • ethereumEthereum(ETH)$1,182.00-4.11%
  • tetherTether(USDT)$1.00-0.05%
  • binancecoinBNB(BNB)$230.87-4.37%
  • rippleXRP(XRP)$0.352240-4.44%
  • cardanoCardano(ADA)$0.489678-4.53%
  • SolanaSolana(SOL)$38.63-6.04%
  • dogecoinDogecoin(DOGE)$0.072849-1.57%
  • polkadotPolkadot(DOT)$7.87-4.89%
  • Shiba InuShiba Inu(SHIB)$0.000011-7.40%
  • daiDai(DAI)$1.00-0.06%
  • tronTRON(TRX)$0.0681764.93%
  • leo-tokenLEO Token(LEO)$5.961.20%
  • matic-networkPolygon(MATIC)$0.55-9.75%
  • litecoinLitecoin(LTC)$55.64-5.14%
  • FTXFTX(FTT)$26.82-4.50%
  • OKBOKB(OKB)$12.25-5.25%
  • CronosCronos(CRO)$0.123458-4.95%
  • chainlinkChainlink(LINK)$6.60-8.43%
  • stellarStellar(XLM)$0.119084-5.12%
  • cosmosCosmos Hub(ATOM)$8.11-4.96%
  • moneroMonero(XMR)$125.21-4.20%
  • algorandAlgorand(ALGO)$0.329777-5.67%
  • ethereum-classicEthereum Classic(ETC)$16.570.58%
  • bitcoin-cashBitcoin Cash(BCH)$111.83-4.44%
  • vechainVeChain(VET)$0.024443-5.92%
  • Internet ComputerInternet Computer(ICP)$5.80-5.13%
  • tezosTezos(XTZ)$1.53-2.06%
  • theta-tokenTheta Network(THETA)$1.32-8.58%
  • filecoinFilecoin(FIL)$5.82-5.97%
  • ElrondElrond(EGLD)$55.56-9.06%
  • bitcoin-cash-svBitcoin SV(BSV)$59.80-5.86%
  • eosEOS(EOS)$0.98-3.83%
  • makerMaker(MKR)$1,006.12-5.84%
  • AaveAave(AAVE)$63.61-9.23%
  • paxos-standardPax Dollar(USDP)$1.000.11%
  • huobi-tokenHuobi(HT)$5.28-2.89%
  • iotaIOTA(MIOTA)$0.290094-4.33%
  • zcashZcash(ZEC)$63.63-7.54%
  • neoNEO(NEO)$9.55-3.69%
  • zilliqaZilliqa(ZIL)$0.044318-8.91%
  • havvenSynthetix Network(SNX)$2.64-9.09%
  • wavesWaves(WAVES)$5.88-6.99%
  • basic-attention-tokenBasic Attention(BAT)$0.390478-6.73%
  • dashDash(DASH)$49.40-5.33%
  • PancakeSwapPancakeSwap(CAKE)$3.29-4.32%
  • KusamaKusama(KSM)$52.99-7.46%
  • nemNEM(XEM)$0.041392-5.49%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • CompoundCompound(COMP)$50.01-7.82%
  • ethlendAave [OLD](LEND)$4.103.48%
  • qtumQtum(QTUM)$2.98-4.80%
  • bitcoin-goldBitcoin Gold(BTG)$17.17-3.67%
  • omisegoOMG Network(OMG)$1.95-4.13%
  • golemGolem(GLM)$0.244441-1.51%
  • SushiSushi(SUSHI)$1.14-8.55%
  • ontologyOntology(ONT)$0.240781-2.38%
  • yearn-financeyearn.finance(YFI)$6,312.33-9.65%
  • umaUMA(UMA)$2.67-6.49%
  • digibyteDigiByte(DGB)$0.010107-8.46%
  • UniswapUniswap(UNI)$2.4438.80%
Posting....