š Exciting times for Bitcoin enthusiasts! SBI VC Trade, a powerhouse in Japan's crypto scene, is set to absorb the accounts and assets of the troubled DMM Bitcoin exchange. This transition, scheduled for March 8, 2025, comes after DMM's unfortunate $305 million hack in 2024, marking a significant shift in Japan's crypto landscape.
š The move will see SBI VC Trade expanding its crypto offerings by 14 new coins, including popular names like Tron (TRX) and Maker (MKR). Former DMM users can breathe easy as their assets, both fiat and crypto, will seamlessly transfer to SBI without the need for re-registration.
š” For BTC fans, this acquisition highlights the resilience and ongoing evolution of the crypto market, reinforcing Bitcoin's role as a key player in the digital currency revolution.
