SBI Launches Japan’s First Bank-Owned Cryptocurrency Exchange with Ripple Support

Japanese financial institution SBI holdings has confirmed the launch of its cryptocurrency exchange, called ‘VCTRADE’, 15 months after its initial announcement in 2016. In an announcement on Monday, the Japanese financial giant revealed it will initially focus on trading XRP, the native token powering Ripple’s Consensus Ledger (RCL), with upcoming support for bitcoin (BTC). While