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SBI Holdings Opens Talks to Acquire Bitbank as Japan Tightens Crypto Rules
SBI Holdings opened formal talks to acquire a stake in Bitbank and bring the exchange under consolidated ownership, subject to due diligence and internal approvals. The move follows SBI VC Trade’s absorption of Bitpoint Japan on April 1 and would expand SBI’s presence in Japan’s regulated crypto exchange market. The talks come as Japan advances a bill that would impose stronger disclosure requirements and stricter exchange oversight.