Crypto News
$105 Billion Electronics Giant Sony To Launch New Bitcoin Exchange
![](https://meshnews.org/wp-content/uploads/2024/07/sonydd-ozbjfd.jpeg)
Sony Group is preparing to launch a Bitcoin and crypto exchange in Japan after acquiring Amber Group’s local subsidiary, Amber Japan. The revamped exchange will be called S.BLOX and aim to boost Sony’s presence in the Bitcoin and crypto space.
JUST IN: 🇯🇵 $103 billion Sony to launch #Bitcoin and crypto exchange. pic.twitter.com/wUAE1l8eq5
— Bitcoin Magazine (@BitcoinMagazine) July 1, 2024
Sony purchased Amber Japan in 2023 through its subsidiary Quetta Web. Amber Japan was originally known as DeCurret before Singapore-based Amber Group took over the Japanese exchange in 2022.
Sony has rebranded its acquired exchange as S.BLOX and plans to upgrade its user interface and mobile app significantly. The exact launch date remains unannounced.
The move reflects Sony’s growing push into Bitcoin and crypto. By leveraging the Amber Japan exchange, Sony can capitalize on its brand recognition and global reach to boost the adoption of its future Bitcoin and crypto offerings.
Japan has emerged as a leading Bitcoin market due to proactive regulation and high consumer awareness. This makes it an ideal place for Sony to debut and expand services.
Major corporations like Sony embracing Bitcoin and crypto signal wider mainstream momentum. Sony’s past acquisitions of companies like CBS Records and Columbia Pictures transformed it from an electronics firm into a global media titan. Its latest acquisition could spark a similar evolution for Bitcoin.
​ Sony Group acquired Amber Japan and is relaunching it as the S.BLOX Bitcoin and crypto exchange, marking Sony’s expansion into the Bitcoin space.Â
Crypto News
From Fan Favorite to Crypto Favorite? Kylian Mbappé And The Allure of Mpeppe (MPEPE) Unique Utility – Press release Bitcoin News
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​ PRESS RELEASE. In the dynamic world of cryptocurrency, few coins manage to capture the imagination and excitement of both fans and investors alike. MpeppeÂ
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Tether to Drive Digital Asset Education in Turkey – News Bytes Bitcoin News
![](https://meshnews.org/wp-content/uploads/2024/07/turkey-jqO0HQ.jpeg)
​ Crypto industry leader, Tether Operations Limited, and technology and strategy company, BTguru, have entered into a Memorandum of Understanding (MoU) toÂ
Crypto News
Orbital Analysis: Emerging Markets Overwhelmingly Embrace USDT Payments on TRON
![](https://meshnews.org/wp-content/uploads/2024/07/tron-768x432-6itpjP.jpeg)
​ Orbital, a provider of blockchain-based payments, has published a blog post highlighting the importance of USDT payments on TRON in emerging markets. The company processes millions of on-chain transactions each year, valued in the billions of dollars. The post explains that while developed markets have little motivation to adopt crypto payments, the situation is differentÂ
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