New Crypto
Friday, 7/17, 01:30 PM
Japan's SBI Buys Control of Singapore Crypto Exchange Coinhako
- SBI Holdings, one of Japan's largest financial groups, has completed a majority-stake acquisition of Coinhako, a long-established Singapore crypto exchange, after clearing approval from the Monetary Authority of Singapore.
- The deal is another sign of big, traditional Asian finance buying its way into regulated crypto rather than building from scratch.