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Techub News reports that, according to CryptoBriefing, Japanese financial services group SBI Holdings is in negotiations with cryptocurrency exchange Bitbank, planning to acquire a controlling stake to make it a consolidated subsidiary. The company will proceed with the acquisition after due diligence is completed, with specific timing and structure yet to be determined. Bitbank is Japan's third-largest cryptocurrency exchange and just launched Japan's first crypto asset-backed credit card this month. Against the backdrop of plans to revise crypto regulations and implement stricter oversight in Japan, SBI has previously integrated BITPoint Japan. If this acquisition is completed, both parties will form Japan's largest cryptocurrency asset platform group.