SBI delays the launch of a crypto-exchanger

March 2, 2018

The Japanese bank postponed the beginning of the work of crypto-exchange.

SBI Group announced that it is forced to postpone the planned launch of the crypto-exchange, which was to take place the other day. "We decided that it will take additional time to strengthen the security measures of asset management and client management systems to ensure the protection of the exchanger's users with crypto-currencies," the official statement of SBI said.

SBI Group first disclosed its plans to launch a crypto currency exchange service more than a year ago. In December 2017, it was reported that SBI announced its cooperation with the Bitcoin Huobi trading platform, to begin exchanging crypto-currencies at the beginning of 2018.

Безопасность криптобирж прежде всего

The launch of the crypto-exchange is postponed, probably because of the additional security measures that were required after the breaking of one of the largest Japanese crypto-exchange exchanges Coincheck, Cointelegraph.

Hacking Coincheck is called the largest in history. Now the attack on Coincheck is being investigated by law enforcement agencies. Against the crypto-exchange, hundreds of suits have been filed with the local courts.

Author: Evgenij Novožilov, Analyst Freedman Club Crypto News

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