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.
KuCoin Rolls Out MiCA-Regulated Crypto Platform Across 29 EU Markets
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
