Cryptocurrency exchange FXCoin will suspend cash trading and lending services for individuals on the 1st, specializing in corporate businessAnnounced.. The reason is to deepen cooperation with the SBI Group, which receives the investment.

The SBI Group is developing a business for individuals in Taotao, which is scheduled to merge with SBI VC Trade Co., Ltd. on December 1, 2021, and it seems that there is a move to reorganize the business within the group.

Regarding the abolition schedule of the personal service business, buying transactions (against Japanese yen) and XRP-based transactions (BTC / XRP, LTC / XRP, BCH / XRP) will be suspended from 2:00 pm on October 6, 2021. Legal tender deposits will be suspended, virtual currency deposits will be suspended, and corporations will also suspend the acceptance of new account openings.

After 7:00 am on December 1, 2021, you will not be able to sell or withdraw virtual currency or withdraw fiat currency. “Customers are requested to complete the withdrawal or sale of their cryptocurrency assets and the withdrawal of fiat currency by themselves by 6:59 am on December 1, 2021. . “.