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Tag: SBI Holdings

World’s First Bank-Backed Crypto Exchange Debuts in Japan

Category: Altcoins, Blockchain, Business, Finance, News, Tech

World’s First Bank-Backed Crypto Exchange Debuts in Japan

The Japanese financial services behemoth, SBI Group, announced the launch of its in-house cryptocurrency exchange on June 4, 2018, following months of anticipation and delays. Delayed Plans In May 2018, BTCManager reported that SBI was looking to open Japan’s first banked-owned cryptocurrency exchange. Delays slowed plans due to security concerns following the loss of $432 million by Coincheck when it…

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