One of Japan’s Biggest Financial Companies Is Launching a Cryptocurrency Exchange

Nasdaq, Goldman Sachs, J.P. Morgan, and Morgan Stanley have hinted at plans to launch and operate cryptocurrency exchanges in 2018. SBI Group, one of Japan’s largest financial companies, has finalized its plan to launch a cryptocurrency exchange in the summer. The Number One Exchange According to Business Insider Japan, SBI Holdings president and SBI Group CEO Kitao Yoshitaka has said that he is certain SBI Group will be able to evolve its cryptocurrency exchange into Japan’s leading digital currency trading platform and dominate the market. A rough translation of Yoshitaka’s statement read: When we do it, it will be number one in the blink of an eye so quickly, so even if a tremendous number of customers come, we can build a system that can bear it. We have to pursue safety thoroughly. Yoshitaka and researchers at SBI Group are aware that the demand for cryptocurrencies and volumes of most…

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