Howard Lutnick, CEO of financial asset management firm Cantor Fitzgerald, has highlighted regulatory challenges as a significant barrier to increasing Bitcoin adoption among traditional financial institutions. In a recent post on X, Lutnick explained that U.S. banks are hesitant to hold Bitcoin due to regulations requiring them to set aside ...
Samsung Next, the venture capital division of the South Korean tech giant, has announced its participation in the Soneium Spark program through an investment in Singapore-based Startale Labs. Though the details of the investment remain undisclosed, a Samsung Next investor, John Yim, shared in a blog post that the support ...
Sony Block Solutions Labs, a collaborative effort between Sony Group and Singapore's Startale Labs, has unveiled plans for a new layer-2 blockchain, dubbed "Soneium." The platform is designed to appeal to developers across multiple industries, including entertainment, gaming, and finance. In a joint announcement, Sony Group and Startale revealed that ...
Amber Japan, the operator of the popular Japanese crypto trading service WhaleFin, has rebranded to “S.BLOX”. In a press release dated July 1, the company, now managed by a Sony Group subsidiary, revealed plans to expand its range of supported currencies and features following the rebranding. However, specific details about ...
