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Deposits in Bitcoin, Ethereum, Ripple possible



Vctrade, a cryptographic exchange recently opened by the Japanese financial giants SBI Holdings, now also allows deposits in Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP). The company announced this in a press release dated December 21st.

The announcement also states that the stock market, opened in July, is considering accepting deposits from Bitcoin Cash (BCH). However, this requires a further evaluation of the cryptocurrency. SBI also stated that outlays in cryptocurrencies would only be available at the end of January 2019 and would be limited to a hardware portfolio that the company calls a "special portfolio".

According to the announcement, the use of a single special portfolio should "link the associated customer address" and thus ensure the proper implementation of anti-money laundering and terrorist financing measures in the bag.

According to its website, SBI Holdings has a paid-in capital of over 726 million euros and over 6,000 permanent employees. According to an interim report, the company recorded a turnover of over € 1.3 billion in the six months to 30 September of this year.

As reported by Cointelegraph in September, a subsidiary of SBI Holdings, SBI Savings Bank, signed a letter of intent Signed Dayli Intelligence. This is a company that specializes in artificial intelligence and blockchain technologies. According to reports, the bank has taken this step to strengthen its activity in the fintech sector.

In August, SBI Holdings also announced that it had invested a second time in the exchange of cryptocurrencies LastRoots.


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