SBI said the purchase of the crypto exchange is set to close in October. SBI Holdings said it agreed to buy cryptocurrency exchange Bitbank for around $289 million. The Tokyo-based bank framed the purchase as part of a broader strategy to expand its crypto business ahead of potential regulatory developments in Japan. Bitbank is one of Japan's top 10 largest crypto exchanges by trading activity, according to CoinGecko. Japanese financial services giant SBI Holdings said it agreed to buy cry…
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