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SBI VC Trade Secures Japan’s First License for USDC Stablecoin Trading


by Peter Mwangi
for CoinEdition
Japan's First USDC License: SBI VC Trade
  • SBI VC Trade becomes Japan’s first exchange to handle USDC after regulatory approval.
  • The exchange plans a limited USDC beta launch in March 2025 before full-scale operations.
  • SBI VC Trade now holds three licenses, enabling a broader range of crypto services.

SBI VC Trade, a cryptocurrency exchange associated with Japan’s SBI Group, has received approval to support the USDC stablecoin. 

This makes it the first company in Japan to obtain a stablecoin-related trading license. After completing the registration process with Japan’s Kanto Regional Financial Bureau, the firm will begin processing USDC transactions on March 12, 2025.

SBI VC Trade Positioned as Key Player in Japan Crypto

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The post SBI VC Trade Secures Japan’s First License for USDC Stablecoin Trading appeared first on Coin Edition.

Read the article at CoinEdition

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SBI VC Trade Secures Japan’s First License for USDC Stablecoin Trading


by Peter Mwangi
for CoinEdition
Japan's First USDC License: SBI VC Trade
  • SBI VC Trade becomes Japan’s first exchange to handle USDC after regulatory approval.
  • The exchange plans a limited USDC beta launch in March 2025 before full-scale operations.
  • SBI VC Trade now holds three licenses, enabling a broader range of crypto services.

SBI VC Trade, a cryptocurrency exchange associated with Japan’s SBI Group, has received approval to support the USDC stablecoin. 

This makes it the first company in Japan to obtain a stablecoin-related trading license. After completing the registration process with Japan’s Kanto Regional Financial Bureau, the firm will begin processing USDC transactions on March 12, 2025.

SBI VC Trade Positioned as Key Player in Japan Crypto

The exchange’s new registration covers the handling of el…

The post SBI VC Trade Secures Japan’s First License for USDC Stablecoin Trading appeared first on Coin Edition.

Read the article at CoinEdition

Read More

5 Altcoins That Could See Huge Growth Thanks to the New Genius Act

5 Altcoins That Could See Huge Growth Thanks to the New Genius Act

The new “Genius Act” for stablecoins in the United States is reshaping the crypto mar...
Abu Dhabi Now Accepts Stablecoin Payments for Court Fees

Abu Dhabi Now Accepts Stablecoin Payments for Court Fees

The Abu Dhabi Judicial Department (ADJD) has become the first government institution ...