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


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

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  • 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.

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