SBI Holdings targets majority stake in Singapore crypto exchange Coinhako
Japan’s SBI Holdings has signed a letter of intent to buy a controlling stake in Singapore-licensed crypto exchange Coinhako.
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Japan’s SBI Holdings has signed a letter of intent to buy a controlling stake in Singapore-licensed crypto exchange Coinhako.
The protocol is shutting down after three years, citing unsustainable economics, thin margins and rising security threats.
Stablecoin use in everyday spending, cross-border work, and savings allocation is growing rapidly among crypto-savvy consumers.
A global survey of 4,658 crypto users found 39% receive income in stablecoins and 27% use them for payments, with stronger adoption in emerging markets.
The fast-food chain says bitcoin payments have boosted sales, as it channels crypto receipts into a growing corporate reserve.
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The Wyoming-based crypto exchange said it wanted to give back to the state it calls home, which it chose for its “responsible” approach to crypto regulation.