US Sanctions BitBank for Supporting Iran
The designation raises compliance and market-access risks for crypto platforms operating across jurisdictions where sanctions screening is a core control.
Every Zipp story tagged #BitBank, newest first.
The designation raises compliance and market-access risks for crypto platforms operating across jurisdictions where sanctions screening is a core control.
The week closed with 22 rounds and nearly $861M deployed. The headline is Ionic Digital's $400M, but a $288M acquisition of Bitbank by SBI Group does the heavier structural work.
The deal vaults SBI past every rival in Japan's regulated crypto market on a single stroke, putting roughly $6.2B in customer assets behind one balance sheet.
SBI already runs a domestic crypto arm and backs several tokenised-asset initiatives, so taking Bitbank fully in-house consolidates a regulated retail venue under a balance sheet that regulators…
Japanese financial giant SBI Holdings is reportedly exploring an equity stake in domestic crypto exchange Bitbank, a…
If it closes, the deal would fold one of Japan's largest yen-crypto venues into SBI's existing digital-asset stack — but structure, price, and timing are still undisclosed.