Japans SBI unveils plans for its cryptocurrency exchange

Monday 30 April 2018 11:21 CET | News

Japan`s SBI Holdings has reportedly unveiled new plans for its cryptocurrency exchange.

SBI Holdings has updated its plans to fully launch a cryptocurrency exchange to list major cryptocurrencies including bitcoin (BTC), bitcoin cash (BCH), ethereum (ETH), ans ripple (XRP). The company had planned for SBI Virtual Currencies to launch in the autumn of 2017 and at the latest the beginning of 2018.

However, the plan was postponed following Coincheck’s hack and the trouble with its capital and business alliance agreement with China’s Huobi Group. These circumstances led the company to refrain from fully launching the exchange even though it had already received a license from the Japanese Financial Services Agency (FSA) in September 2017.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Japan, SBI, cryptocurrencies, crypto-exchange
Countries: World