SBI Group Backs Bitcoin Cash to be “Used Globally For Daily Payments”

http://www.trustnodes.com/2017/12/08/sbi-group-backs-bitcoin-cash-used-globally-daily-payments


Japan’s financial giant, with a global market cap of almost half a trillion, has strongly come out in support of Bitcoin Cash, the newest and yet the oldest digital currency. Yoshitaka Kitao, Representative Director, President & CEO of SBI Holdings says:
“The vision of the original Bitcoin white paper written by Satoshi Nakamoto calls for a peer-to-peer electronic cash system. That is a powerful vision, and SBI Group will devote resources to enable a future world where Bitcoin Cash is used globally for daily payments.”
SBI Group has recently announced plans to build a new financial ecosystem based on cryptocurrency and connect that with SBI’s current financial ecosystem, according to a statement.
The new crypto ecosystem will consist of “eight businesses that will operate exchange platforms; hedge fund management; financing; mining; ICO and exchange platform rating information services; a derivatives market; remittance services; and transaction/payments services,” SBI says.