Japan’s $28 Bln Worth Internet-Based Conglomerate To Start Virtual Currency Exchange
So far, it is the first of its kind at a planning stage: a virtual currency exchange backed by the world’s first Internet-based financial conglomerate, Japan’s SBI Holdings. According to plan, the $28 bln financial services group will start SBI’s virtual currency company which will provide an exchange and trading services for virtual currencies with an estimated capital of 300 mln yen (about $2.8 mln) - including the capital reserve. Though the exact currencies to be traded on the exchange were not disclosed in the translated version of the announcement made by the Group, more information....
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