Japan’s Biggest Bitcoin Exchange bitFlyer Secures an Extra $1.75m

[kreslik.news]

As the Japanese bitcoin industry is taking a more prominent position in the world, and as new government regulations are about to come into effect in May, established financial institutions are expanding their exposure to cryptocurrency business.

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Mizuho Financial Group and Sumitomo Mitsui Financial Group have joined a new $1.75 million (¥200 million) funding round for the bitcoin exchange, bitFlyer, according to Japan’s Nikkei news service. They thus ... (read more)