SBI President Kitajima Yoshihiro: SBI prepares to set up STO Self-made Group Association

At the 2019 Financial Technology Summit hosted by the Japan Financial Agency, Japan’s SBI Holdings President Kitao Kitao said that SBI is preparing to set up the STO Self-made Group Association. In terms of compliance, the Financial Commodity Trading Act states that STO will legalize operations immediately. It is reported that the Financial Commodity Trading Act will be implemented in April 2020, which means that the Japanese stable currency will be legalized.