**DMM Bitcoin Is Closing Down, But Don’t Be Sad Just Yet! 😄**

- DMM Bitcoin, a Japanese crypto exchange, will be closing its operations in March 2025 after being hacked and losing over $300 million.

- After struggling to recover, they finally gave in and decided to sell all their assets to SBI VC Trade.

- SBI VC Trade, part of SBI Group, is set to take over all of DMM Bitcoin’s assets and customer accounts. The process is expected to be completed by the end of Q1 2025.

- Despite the closure, crypto trading services will be expanded with 14 new options!

- Come on, leave your comments on the future of crypto in Japan! Is this the end of the drama or a new, more exciting beginning?