Dispatch
SBI Holdings to Acquire Japanese Crypto Exchange Bitbank for ~$289M
Japan's SBI Holdings agreed to buy local crypto exchange Bitbank for roughly $289 million, deepening a traditional financial conglomerate's footprint in domestic crypto infrastructure. The deal contrasts with the EU's regulatory squeeze on Binance the same week — consolidation in Japan versus retreat in Europe. A datapoint on regional divergence in crypto's regulatory climate.
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