Japan Just Started Killing Off Its Crypto Exchanges

SBI Holdings is buying Japanese exchange Bitbank for $289 million, doubling its crypto assets under custody to roughly 1.1 trillion yen across 2.9…

Why a financial giant overpaid for a money-loser

SBI Holdings is not a crypto startup.

The rule change that makes licenses the new gold

This deal did not happen in a vacuum.

This is SBI's playbook, and it is not new

If this feels like a sudden land grab, it is not.

Who is the next domino to fall

So who gets absorbed next?

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Read the complete breakdown, fixes and what happens next.