Japanese Used Car Exporting Company Adds Support for XRP and Bitcoin

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Mon, 05/09/2022 - 06:26
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SBI Motor Japan, a Tokyo-based Japanese used car exporting company, has announced that it now accepts XRP and Bitcoin as payment options.

Payments will be settled through SBI VC Trade, a cryptocurrency trading subsidiary of financial giant SBI Group.

SBI Motor Japan is focused on doing business in the African region.  

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In its announcement, SBI Group highlighted growing cryptocurrency adoption in Africa.      

Last March, SBI Motor Japan established its first office in Tanzania.  

As reported by U.Today, Morningstar, a subsidiary of the Tokyo-based financial conglomerate SBI Group, announced that it had extended its XRP benefit program.

SBI Africa says it will continue expanding its support for crypto assets.