CryptoCointelegraphabout 10 hours ago
SBI acquires majority stake in Singapore crypto exchange Coinhako
1 min read
SBI Holdings acquired a majority stake in Holdbuild, parent of Singaporean crypto exchange Coinhako, after receiving approval from the Monetary Authority of Singapore. Coinhako holds a Major Payment Institution license under MAS. SBI plans to combine Coinhako's customer base with its digital asset businesses, including its JPYSC stablecoin initiative. Financial terms were not disclosed.
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