Cybersecurity
Crypto Seen as Key to Revival for This Japanese Online Brokerage
- Monex weighs adding digital currencies to its products
- Crypto exchange unit Coincheck won a license in January
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Japanese online brokerage Monex Group Inc. is counting on its recently acquired cryptocurrency exchange to help its securities arm recover ground lost to bigger rivals.
The firm’s brokerage unit is considering adding digital currencies to its offerings for retail clients in collaboration with sister company Coincheck Inc., which won an exchange license in January, said Yuko Seimei, Monex Securities Inc.’s new president.