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Mastercard launches 'Crypto Credential,' allowing users to send and receive crypto using a username instead of a wallet address.
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๐ Exciting News! ๐ Sony Group, one of Japan's biggest companies, has made a significant move by acquiring Amber Japan, officially stepping into the crypto exchange market. ๐ผ๐ Sony, well-known for its ventures in games, music, cameras, and more, boasts a market value of over $100 billion. ๐ฐ๐ฎ๐ธ This acquisition marks a new chapter for the tech giant! Here's the backstory: Singapore's Amber Group had previously bought Japan's regulated cryptocurrency trading platform, DeCurret, in early 2022 and renamed it Amber Japan. ๐ However, after the collapse of FTX, Amber Group faced challenges and was rumored to be in a complete debt-to-equity transaction with Fenbushj. ๐ฅ Amber Group's investors include big names like Temasek, Sequoia China, Pantera, Tiger, and C0inbase. ๐๐ This move by Sony could bring exciting developments in the crypto world. Stay tuned! ๐โจ #US_Inflation_Easing_Alert #MiCA #Sony
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