SBI Holdings’ Crypto Exchange Vctrade Accepts Bitcoin, Ethereum, Ripple Deposits
Vctrade, a crypto exchange recently launched byfinancial giant , has implemented Bitcoin ( ), Ethereum ( ) and Ripple ( ) deposits. The company has this in a press release published Dec. 21.
The announcement further notes that the exchange — which was— is considering adding Bitcoin Cash ( ) deposits after further evaluation of the cryptocurrency. SBI has also explained that cryptocurrency withdrawals will not be available until late January 2019, and will be limited to a that the company refers to as “designated wallet.”
The ability to only use one specific wallet, according to the announcement, is supposed to “link the address pertaining to the customer,” thus ensuring adequate implementation ofand Counter-Terrorist Financing measures on the exchange.
SBI Holdings, according to its, has paid-in capital of over 92 million yen ($828 million), and over six thousand consolidated employees. According to an , in the six months ended Sep. 30 of this year the company registered over 176 million yen in revenue ($1.584 million).
As Cointelegraphin September, a subsidiary of SBI Holdings, the SBI Savings bank, has signed a memorandum of understanding with
Dayli Intelligence, a company specialized inand technologies. The bank has reportedly made this move to bolster its business.
In August, SBI Holdings alsothat it had made a second investment in cryptocurrency exchange LastRoots.