Softbank’s PayPay took a 40% equity stake in Binance Japan, signaling a deeper link between mobile payments and digital assets in a market that expects looser rules. The deal lets both firms build technology for cashless payments and crypto, while…
Ex-SoftBank Exec Akshay Naheta Plans Stake Sale in Stablecoin Firm
Akshay Naheta, a former SoftBank executive, has shifted his focus to blockchain technology by co-founding Distributed Technologies Research Ltd. The company specializes in stablecoin-based payment solutions for cross-border transactions. Naheta’s work reflects a steady interest in applying financial expertise to…
Softbank Launches Card that Integrates a Blockchain Wallet
Japan’s telecom carrier Softbank has just launched its SBC Wallet Card (Softbank Card 3.0) which will integrate a Blockchain wallet. The bank card will have the basic features that such cards have as well as other additional functions. Card owners…