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Leading Japanese online broker SBI will exit Russia's crypto mining sector | #crypto

Leading Japanese online broker SBI will exit Russia's crypto mining sector

Leading Japanese online broker SBI will exit Russia's crypto mining sector

SBI was one of the first Japanese financial institutions to enter the digital asset space; however, the negative developments that have occurred this year have resulted in a pre-tax loss of 9.7 billion yen ($72 million) from its cryptocurrency business in the second quarter.