Japan's regulatory revision paves the way for stablecoin issuance, fostering the transition to a Web3 economy.
SBI Shinsei Bank will provide banking services to Circle as part of their collaboration.
Bloomberg
SBI
Holdings, Inc. located in Tokyo has officially entered into a Memorandum of
Understanding (MOU) with Circle Internet Financial, which has headquarters in Boston,
Massachusetts. This collaboration aims to facilitate the circulation of USDC
stablecoins, establish a banking relationship, and promote the use of Circle's
Web3 Services within Japan.
SBI
Group Adopts Circle's Web3 Services
The
Japanese government, recognizing the significance of the digital asset economy,
revised the Payment Services Act on June 3, 2023. This revision has established
regulations for stablecoins, anticipating a boost in the issuance and
circulation of stablecoins in Japan, consequently advancing the country's
transition towards a Web3 economy.
Under
the Revised Payment Services Act, "collateralized" stablecoins are
recognized, and Circle's USDC has distinguished itself by being fully backed by
highly liquid cash and cash-equivalent assets. Notably, USDC has maintained a 1-to-1
peg with US dollars and is redeemable accordingly. The USDC reserves are held
separately from Circle's operational funds in financial institutions.
Jeremy Allaire, CEO and co-founder, Circle, Source: LinkedIn
The
MOU signifies that SBI Group and Circle collaborate on promoting the
circulation of USDC and expanding the usage of stablecoins in Japan. Both
entities have pledged to adhere to stablecoin-related regulations, ensuring communication
with relevant authorities. SBI VC Trade is actively seeking registration as an
electronic payment instruments service to facilitate the circulation of USDC
within Japan, subject to approval by authorities.
In
addition to the collaboration on stablecoin circulation, SBI Shinsei Bank,
Limited will extend banking services to Circle. This partnership aims to
provide Japan-based businesses and users with access to USDC and enhanced
liquidity. As part of SBI Group's digital asset portfolio strategy, Circle's
Web3 Services solutions, including the Programmable Wallet, blockchain
infrastructure, and smart contract management tools, will be adopted.
Jeremy
Allaire, the CEO and Co-Founder of Circle, expressed enthusiasm about the
partnership with SBI Holdings, emphasizing the shared vision for the future of
digital currency. Yoshitaka Kitao, the Representative Director, Chairman, President, and CEO of SBI Holdings, echoed this sentiment, highlighting the alliance's
role in setting new standards in the Japanese financial sector. Kitao
underscored SBI Group's commitment to exploring new financial possibilities
through the extensive adoption of stablecoins.
Circle and SBI
Holdings are joining forces to boost $USDC
circulation and transform the financial landscape in Japan with $USDC
and Web3 Services! This partnership signifies a major leap in digital
asset innovation and a strategic expansion for $USDC
in Asia.
Finance Magnates reported that SBI
Holdings has expanded its presence in the digital currency space through
the acquisition of the local crypto exchange TaoTao. SBI Liquidity Market, the
group's foreign exchange and derivatives arm, has acquired a 100 percent stake
in TaoTao. The terms and financial details of the deal were not disclosed.
TaoTao, licensed by the Financial Services Agency, launched its digital
exchange operations in 2019, providing trading services for several top digital
currencies.
This acquisition, the second
licensed cryptocurrency exchange for SBI, alongside SBI VCTRADE,
is expected to strengthen SBI's position in the crypto market and enhance its
existing business. The move comes after TaoTao's reported failed partnership
with Binance. SBI's retail Forex platform is additionally offering contracts for difference
(CFD) instruments with Bitcoin, Ripple, and Ethereum, and the group invested
$30 million in crypto liquidity provider B2C2.
SBI
Holdings, Inc. located in Tokyo has officially entered into a Memorandum of
Understanding (MOU) with Circle Internet Financial, which has headquarters in Boston,
Massachusetts. This collaboration aims to facilitate the circulation of USDC
stablecoins, establish a banking relationship, and promote the use of Circle's
Web3 Services within Japan.
SBI
Group Adopts Circle's Web3 Services
The
Japanese government, recognizing the significance of the digital asset economy,
revised the Payment Services Act on June 3, 2023. This revision has established
regulations for stablecoins, anticipating a boost in the issuance and
circulation of stablecoins in Japan, consequently advancing the country's
transition towards a Web3 economy.
Under
the Revised Payment Services Act, "collateralized" stablecoins are
recognized, and Circle's USDC has distinguished itself by being fully backed by
highly liquid cash and cash-equivalent assets. Notably, USDC has maintained a 1-to-1
peg with US dollars and is redeemable accordingly. The USDC reserves are held
separately from Circle's operational funds in financial institutions.
Jeremy Allaire, CEO and co-founder, Circle, Source: LinkedIn
The
MOU signifies that SBI Group and Circle collaborate on promoting the
circulation of USDC and expanding the usage of stablecoins in Japan. Both
entities have pledged to adhere to stablecoin-related regulations, ensuring communication
with relevant authorities. SBI VC Trade is actively seeking registration as an
electronic payment instruments service to facilitate the circulation of USDC
within Japan, subject to approval by authorities.
In
addition to the collaboration on stablecoin circulation, SBI Shinsei Bank,
Limited will extend banking services to Circle. This partnership aims to
provide Japan-based businesses and users with access to USDC and enhanced
liquidity. As part of SBI Group's digital asset portfolio strategy, Circle's
Web3 Services solutions, including the Programmable Wallet, blockchain
infrastructure, and smart contract management tools, will be adopted.
Jeremy
Allaire, the CEO and Co-Founder of Circle, expressed enthusiasm about the
partnership with SBI Holdings, emphasizing the shared vision for the future of
digital currency. Yoshitaka Kitao, the Representative Director, Chairman, President, and CEO of SBI Holdings, echoed this sentiment, highlighting the alliance's
role in setting new standards in the Japanese financial sector. Kitao
underscored SBI Group's commitment to exploring new financial possibilities
through the extensive adoption of stablecoins.
Circle and SBI
Holdings are joining forces to boost $USDC
circulation and transform the financial landscape in Japan with $USDC
and Web3 Services! This partnership signifies a major leap in digital
asset innovation and a strategic expansion for $USDC
in Asia.
Finance Magnates reported that SBI
Holdings has expanded its presence in the digital currency space through
the acquisition of the local crypto exchange TaoTao. SBI Liquidity Market, the
group's foreign exchange and derivatives arm, has acquired a 100 percent stake
in TaoTao. The terms and financial details of the deal were not disclosed.
TaoTao, licensed by the Financial Services Agency, launched its digital
exchange operations in 2019, providing trading services for several top digital
currencies.
This acquisition, the second
licensed cryptocurrency exchange for SBI, alongside SBI VCTRADE,
is expected to strengthen SBI's position in the crypto market and enhance its
existing business. The move comes after TaoTao's reported failed partnership
with Binance. SBI's retail Forex platform is additionally offering contracts for difference
(CFD) instruments with Bitcoin, Ripple, and Ethereum, and the group invested
$30 million in crypto liquidity provider B2C2.
Kraken Challenges Wall Street’s 9-to-5 Model with 24/7 Tokenized Stock Trading
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
