Skip to main content

Japan is the ‘leading candidate’ for Ripple’s new headquarters: SBI Holdings CEO

NewsColony
Japan is the ‘leading candidate’ for Ripple’s new headquarters: SBI Holdings CEO

Japanese financial giant SBI Holdings CEO Yoshitaka Kitao said that Japan is the most likely country Ripple will relocate to, should it leave the United States. 

At an Oct. 28 press briefing, Kitao stated that the blockchain-based payments firm “has made Japan the most promising candidate” for its new headquarters if Ripple makes good on its threats to move its San Francisco offices. SBI Holdings is a Ripple investor, while Kitao sits on the firm’s board of directors.

Both Ripple co-founder Chris Larsen and CEO Brad Garlinghouse have expressed frustration at the lack of regulatory clarity in the United States. Earlier this month, Larsen stated the firm was considering moving to countries like the U.K., Switzerland, Singapore, or Japan, because authorities in the U.S. had a “regulation through enforcement” policy and were “woefully behind” in preparing for the cryptocurrency-based next generation of a global financial system.

According to a Bloomberg report on Oct. 22, Ripple shortlisted Japan and Singapore. Garlinghouse said at the time that he had spoken to SBI about using the country as a potential location for its headquarters.

“Japan is one of our fastest-growing markets, in part because we have key partners like SBI,” stated Garlinghouse.

SBI Holdings also announced today that Ripple had completed an investment in Japanese payments company MoneyTap, seemingly as part of its plans to integrate Ripple-powered settlements across ATMs in Japan. The integration is reportedly intended to provide consumers with easier access to funds at Japanese ATMs regardless of their banking affiliation.

Source: Cointelegraph News Colony | Business News

The post Japan is the ‘leading candidate’ for Ripple’s new headquarters: SBI Holdings CEO appeared first on NewsColony.
NewsColony



source https://newscolony.com/japan-is-the-leading-candidate-for-ripples-new-headquarters-sbi-holdings-ceo/

Comments

Post a Comment

Popular posts from this blog

Volunteers book hotel room for homeless man with SingapoRediscovers vouchers

NewsColony Volunteers book hotel room for homeless man with SingapoRediscovers vouchers © The Independent Singapore Singapore — A group of volunteers from the Mummy Yummy Singapore welfare organisation donated their SingapoRediscovers Vouchers to book a hotel room for a homeless man. The man, who was identified as Jayden, did not have a place to live while waiting for the Housing Board (HDB) to allocate him a rental flat. In a Facebook post on Mummy Yummy Singapore’s page on Wednesday (Dec 16), the volunteers said: “We used our $100 Rediscover Singapore vouchers to redeem hotel stay for him and successfully booked 9 days worth of stay at 3 days per voucher.” They added that they were unable to book a longer stay because of higher hotel rates over Christmas and New Year. The volunteers hoped that they would be able to bridge Jayden’s stay until he got a flat. “Thanks our government for giving us these vouchers which in return we can put them to good use for people in need,” th...
Post a Comment
Read more

17 gifts from Oprah’s Favorite Things you can get by Christmas

NewsColony 17 gifts from Oprah’s Favorite Things you can get by Christmas (CNN) —   Oprah Winfrey has pretty impeccable taste, and this year, she’s gifted us once again with her Favorite Things list, available to shop via Amazon . We’ve gone through and pulled out some of our own favorite picks from the list, which features products for everyone on your holiday gift list at a range of prices. And while, obviously, it’s Oprah, so everything included is great, we especially love her picks from Black- and female-owned small businesses. Check out our top gift picks below, and browse all of Oprah’s Favorite Things on Amazon. Iconi Women’s Seamless High-Waisted Leggings ($45; amazon.com ) Iconi Women’s Seamless High-Waisted Leggings PHOTO: Amazon These comfortable leggings are designed to be everything you’ve always wanted in a pair: moisture-wicking, supportive and squatproof. Plus, they come in a ton of pretty heathered colors. “A Kids Book About…” ($15.96; amazon.c...
Post a Comment
Read more

JANE FRYER: The judo master who made me the fall guy… aged 97!

NewsColony JANE FRYER: The judo master who made me the fall guy… aged 97! Jane Fryer is pictured above with Jack Hearn. ‘See, I’d get you round the neck and press on your Adam’s apple,’ he grins, silver moustache bobbing, white teeth flashing. ‘ And if I carried on with that, you’d be dead in a minute’ There is a startling moment in Jack Hearn’s extremely spick and span kitchen, when I’m standing between his trophy table and the wall and he’s telling me how he could finish me off with his huge, bearlike paws. ‘See, I’d get you round the neck and press on your Adam’s apple,’ he grins, silver moustache bobbing, white teeth flashing. ‘ And if I carried on with that, you’d be dead in a minute.’ We have already had a lively discussion about whether he should, or should not, throw me over one of his surprisingly wide shoulders on to his beautifully vacuumed living room floor. ‘I could throw you, of course I could! But I won’t,’ he says.  ‘It’s not fair — you don’t know...
Post a Comment
Read more