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Crypto

SBI Holdings says XRP weakness due to U.S. regulatory uncertainty, awaits Congress decision

SBI Holdings said XRP’s recent weakness reflects uncertainty over U.S. digital asset regulation, as markets watch whether the U.S. Senate will pass the Clarity bill. Director Yasuo Nishikawa (니시카와 야스오) said investors are delaying new positions until a clearer framework emerges. XRP traded near $1.06, down 1.34 percent in 24 hours, 2.29 percent over a week and 42.31 percent year-to-date. SBI said it maintains its long-term investment stance in Ripple.

Crypto

SBI targets Southeast Asia with Coinhako acquisition, brings 1.11 trillion Shiba Inu tokens into group

SBI Holdings has made Singapore crypto exchange Coinhako a subsidiary, bringing its digital asset holdings into the group ecosystem, including 1.11 trillion Shiba Inu tokens. The acquisition was carried out through SBI Ventures Asset and completed after final approval from the Monetary Authority of Singapore. SBI plans to use Coinhako as a base to expand blockchain-based financial services in Southeast Asia and link users to the yen-pegged stablecoin JPYSC and tokenised real-world asset products.

Crypto

XRP community on edge after SBI-Solana alliance; crypto lawyer says no bad news for anyone

Japan\'s financial group SBI Holdings has partnered with the Solana Foundation to build an onchain financial market centered in Japan, sparking debate within the XRP community about a possible shift in its relationship with Ripple. The statement did not mention XRP or the XRP Ledger. SBI has been seen as a key Ripple partner. Crypto lawyer Bill Morgan said the news did not need to be overinterpreted and was not negative for anyone.