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Announced

bitFlyer to acquire FTX Japan.

Synopsis

bitFlyer, a provider of internet financial services and digital currency transaction, agreed to acquire FTX Japan, a Japanese-based crypto exchange. Financial terms were not disclosed. “While we will need to wait for the establishment of the legal system, including tax regulations, if crypto asset spot ETFs are approved in Japan, services related to crypto asset spot ETFs that meet the needs of financial institutions, including trust banks, will also be offered under New Custody Company,” BitFlyer.

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