Flailing Japanese Brokerage Giant Monex Courts Bitcoin for its Survival

By CCN.com: One of Japan’s largest online brokerages, Monex, may soon allow retail investors to buy bitcoin and other cryptocurrencies on its platform. Monex claims the move into cryptocurrency will help claw back its diminishing market share. Speaking to Bloomberg, Monex Securities president Yuko Seimei said: “We’ve fallen a little behind — we can’t deny that… If we keep doing things the way we have, we may not be able to close the gap.” Monex: Banking on Bitcoin? Monex was once the leading online brokerage in Japan, but its market share has been eaten away by rivals SBI and Rakuten,

The post Flailing Japanese Brokerage Giant Monex Courts Bitcoin for its Survival appeared first on CCN

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