SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia

Share This Post

The Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a cross-border, blockchain-based settlement network.

Related Posts

SEC Change to Quorum Rules Took Affect After Commissioner Departed

After US lawmakers failed to pass a comprehensive digital...

Sberbank Secures Russia’s Approval for Crypto Trading

Cointelegraph is committed to providing independent, high-quality journalism across...

Fairshake PAC Reports $2.7M in Spending on ’Pro-Crypto’ Candidates

Affiliate entities of Fairshake, the US political action committee...

France Lawmakers Back $112K Crypto Wallet Disclosure Proposal

French lawmakers have backed a proposal that would require...

FSB Outlines Stablecoin and AI Priorities for G20

The Financial Stability Board (FSB), a global financial watchdog,...

Kraken Parent Receives VARA Approval for UAE Expansion

Payward, the parent company of cryptocurrency exchange Kraken, has...