xrpmommy 2,934 Posted February 3, 2020 Share Posted February 3, 2020 http://www.sbigroup.co.jp/english/investors/disclosure/presentation/pdf/200131presentations.pdf Fleshmeister, jbjnr, strikerjax and 4 others 2 5 Link to post Share on other sites
Uloveme 206 Posted February 3, 2020 Share Posted February 3, 2020 Interesting, ripple potentially investing in money tap. Not sure if this is news? strikerjax, jbjnr, PunishmentOfLuxury and 2 others 4 1 Link to post Share on other sites
Popular Post Fleshmeister 870 Posted February 3, 2020 Popular Post Share Posted February 3, 2020 Are they actually going to do anything? It's just been a PDF fest for the last 3 years. How exciting.. earth, Ryyy20, Moonraker and 14 others 3 4 9 1 Link to post Share on other sites
nakedzzrp 134 Posted February 3, 2020 Share Posted February 3, 2020 31 minutes ago, Fleshmeister said: Are they actually going to do anything? It's just been a PDF fest for the last 3 years. How exciting.. Yeah not really impressed by their track record,I'm starting to wonder whether these slides even exists! Ryyy20, Fleshmeister and KarlHungus 2 1 Link to post Share on other sites
hallwaymonitor 1,988 Posted February 3, 2020 Share Posted February 3, 2020 There are 12 mentions about XRP in the PDF but they all refer to shareholder benefits... I would be positively surprised if they get ODL going on for JPY currency corridor during 2020 at this point. Also there is this Ripple IPO speculation in the air and it might be one reason to postpone JPY ODL even further. xrpmommy and 1776isHere 2 Link to post Share on other sites
peanut56 1,379 Posted February 3, 2020 Share Posted February 3, 2020 https://japantoday.com/category/features/lifestyle/8-reasons-why-japanese-workers-are-so-slow-at-making-decisions https://www.strategy-business.com/article/9412?gko=f4b21 Articles are from google search: "why do Japanese companies take so long to make a decision. " Maybe someone who has experience with dealing with Japanese business could shed better light. It seems that there must be consensus from all people in order to move toward something deemed as high risk and a new solution for moving money is high risk. Link to post Share on other sites
1776isHere 9 Posted February 3, 2020 Share Posted February 3, 2020 17 minutes ago, hallwaymonitor said: There are 12 mentions about XRP in the PDF but they all refer to shareholder benefits... I would be positively surprised if they get ODL going on for JPY currency corridor during 2020 at this point. Also there is this Ripple IPO speculation in the air and it might be one reason to postpone JPY ODL even further. I agree. The IPO is going to delay XRP's use as an asset because it might have to be re-defined. How would XRP be listed on Ripple's balance sheet post-IPO let alone SBI's. Currently offering XRP as an SBI shareholder benefit feels like they don't know what to do with their XRP? I'm not saying it sounds like a giveaway but the amount is negligible. Link to post Share on other sites
Eddie 74 Posted February 3, 2020 Share Posted February 3, 2020 Few months back, he said what is holding them back from using XRP for remittances are regulatory issues. Payment Services Act will be updated in April (check pg 99) so that could be a turning point. doopers, WuWei, peanut56 and 3 others 6 Link to post Share on other sites
Xrated 61 Posted February 4, 2020 Share Posted February 4, 2020 14 hours ago, peanut56 said: "why do Japanese companies take so long to make a decision. " Maybe someone who has experience with dealing with Japanese business could shed better light. It seems that there must be consensus from all people in order to move toward something deemed as high risk and a new solution for moving money is high risk. It's not just with finances, it's with everything. I mean literally everything. Even when a decision is made it is never a concise sharp assertive decision, it's " well, yeah right? we should do this but, right?" まそね。たびん大丈夫ですけど。ん。A cultural thing, very cautious. It's a good thing but also a bad practice as if you are going to fail, fail fast. I hope to see a big move and not intentional announcements at least this year. Link to post Share on other sites
nakedzzrp 134 Posted February 4, 2020 Share Posted February 4, 2020 13 hours ago, Eddie said: Few months back, he said what is holding them back from using XRP for remittances are regulatory issues. Payment Services Act will be updated in April (check pg 99) so that could be a turning point. A lot of people where hyping up the "1st January Germany banks can hold crypto" as a turning point but nothing happened,I'm gonna do an educated guess and say nothing is gonna happen after that act. KarlHungus 1 Link to post Share on other sites
jargoman 884 Posted February 4, 2020 Share Posted February 4, 2020 15 hours ago, peanut56 said: "why do Japanese companies take so long to make a decision. " They were the first country to embrace bitcoin, their banks were among the first to adopt digital assets. They are going to be the first company paying dividends in XRP. They passed the first crypto regulations. Now they are waiting for the rest of the world to catch up. And when they decide to make XRP moon. "It'll be in the blink of an eye" WuWei and Xrated 2 Link to post Share on other sites
Xrated 61 Posted February 4, 2020 Share Posted February 4, 2020 6 minutes ago, jargoman said: They were the first country to embrace bitcoin, their banks were among the first to adopt digital assets. They are going to be the first company paying dividends in XRP. They passed the first crypto regulations. Now they are waiting for the rest of the world to catch up. And when they decide to make XRP moon. "It'll be in the blink of an eye" This is an interesting perspective because its true I guess (a lots changed like the adoption of bitcoin). It feels different though, like we've been hearing sbi and the magic button and nothing for 2 years now. But when you think about a broad scope like this they really are making moves. Link to post Share on other sites
WuWei 1,456 Posted February 4, 2020 Share Posted February 4, 2020 19 hours ago, Fleshmeister said: Are they actually going to do anything? It's just been a PDF fest for the last 3 years. How exciting.. So let's see, SBI has already gotten 34 banks to invest in the newly created Money Tap, and have announced that once the regulations take effect in April they're going to push hard with xrp adoption. I suppose that this isn't good enough (exciting) for you? Link to post Share on other sites
Fleshmeister 870 Posted February 4, 2020 Share Posted February 4, 2020 19 minutes ago, WuWei said: So let's see, SBI has already gotten 34 banks to invest in the newly created Money Tap, and have announced that once the regulations take effect in April they're going to push hard with xrp adoption. I suppose that this isn't good enough (exciting) for you? Link to post Share on other sites
peanut56 1,379 Posted February 4, 2020 Share Posted February 4, 2020 I did a search and it pretty much didn't turn up any documents. Does someone know what the Payments Service Act is or accomplishes? Is it just concrete regulation on how to legally utilize digital assets? Link to post Share on other sites
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