SBI Group and Huobi will open a new cryptocurrency exchange in Japan Japanese financial conglomerate SBI Group has announced an agreement with the Huobi exchange, under which a new platform for exchanging bitcoin and other cryptocurrencies will be opened in Japan. The new exchange is expected to launch next year. Cointelegraph writes about it.

SBI Group and Huobi to Open New Cryptocurrency Exchange in Japan

Japanese financial conglomerate SBI Group announced an agreement with the Huobi exchange, under which a new platform for exchanging bitcoin and other cryptocurrencies will be opened in Japan. The new exchange is expected to launch next year. Writes about it Cointelegraph.

As noted by Nikkei Asian Review, in this way Huobi will be able to use its technological solutions and experience in the field of cryptocurrency exchange in the Japanese market. .

“The trading system and operational know-how of a company with four years of experience in this market will be involved,” SBI Group reports. "While the number of transactions using virtual currencies continues to grow, we will use our highly secure system as a weapon to attract customers.".

Before the ban on exchange trading in China, the Huobi exchange was one of the largest exchanges of its kind in the country. 1.65 million accounts were created on its platform, which exceeds the number of accounts on any of the existing exchanges in Japan today..

Photo: MaxxiGo

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