TagSBI Virtual Currencies

Belarus' Biggest Bank is 'Working on' Launching Its Own Cryptocurrency Exchange


According to a report by local news outlet BeITA, Belarusbank, the largest bank in Belarus, is considering the launch of its very own cryptocurrency exchange platform. The plans for the exchange were revealed by Viktor Ananich, the Chairman of Belrusbank’s board. Speaking with Belarus 1 TV channel, Ananich remarked: “We are considering a possibility to establish a cryptocurrency exchange. We are...

World's First Bank-Owned Cryptocurrency Exchange Launches Publicly in Japan


Nearly two years after its initial announcement and months of delays this year, the world’s first bank-owned cryptocurrency exchange finally sees its public launch in Japan. With an announcement on Tuesday, Japanese financial giant SBI Holdings has formally launched its cryptocurrency exchange platform, dubbed ‘VCTRADE’. As reported by CCN in early June, SBI first announced a limited launch of...

SBI Launches Japan’s First Bank-Owned Cryptocurrency Exchange with Ripple Support


Japanese financial institution SBI holdings has confirmed the launch of its cryptocurrency exchange, called ‘VCTRADE’, 15 months after its initial announcement in 2016. In an announcement on Monday, the Japanese financial giant revealed it will initially focus on trading XRP, the native token powering Ripple’s Consensus Ledger (RCL), with upcoming support for bitcoin (BTC). While no timelines...

Japanese Banking Giant SBI Plans Summer Launch for Crypto Exchange


Japanese financial services giant SBI Group is reportedly planning a summer launch of ‘SBI Virtual Currencies’, its cryptocurrency exchange, this year. According to Business Insider Japan, SBI Holdings president Yoshitaka Kitao has confirmed the long-awaited full-scale launch of SBI Virtual Currencies in what will be the country’s first wholly bank-owned cryptocurrency exchange. The executive...

Japanese Banking Group SBI Postpones Cryptocurrency Exchange Launch


Japanese financial services giant SBI Group has delayed the launch of its cryptocurrency exchange after determining it had to further strengthen security measures. In an announcement this week, the SBI group confirmed the postponement of the launch of its cryptocurrency exchange, SBI Virtual Currencies, Japan’s first bank-owned cryptocurrency exchange. As reported by CCN in October 2016, SBI...

Japanese Financial Institution Set to Launch a Digital Currency Exchange

Digital currency exchange Japan

Japanese financial services group SBI is set to launch a platform that enables the trading and exchange of virtual currencies, citing increasing interest in virtual currencies like bitcoin which is proving popular among everyday investors. An announcement reveals the new company to be aptly titled SBI Virtual Currencies Co., Ltd., and will be established tomorrow, November 1, 2016, in Tokyo...