The Crypto Times
Image default
Bitcoin Industry News

Japan Gives Green Light to 2 New Crypto Exchanges, 140 More Eager

The Japanese Financial Services Agency (FSA) only approved two new exchanges this week from the 140 exchanges eager for approval. The two new cryptocurrency exchanges include Rakuten Wallet Co. Ltd and Decurret Co. Ltd.

19 Total Approved Exchanges

The FSA also revealed that it took them an estimated six months in order to complete the requirements for the main valuation process in order to be registered as a dealer and broker of cryptocurrency assets. As of now, only 19 exchanges have been approved in Japan.

The approval of Rakuten Wallet Inc. was celebrated by the company, as they are now officially considered as virtual currency exchange. Rakuten Group has more than 70 Internet and Fintech services throughout 30 different countries, and 1.3 billion registered users worldwide.

Additionally, Decurret made an announcement on March 25 that it finally completed the registration process as a crypto exchange service, and now aims to be the major banks’ standard for digital currency transactions.

Related posts

Cryptocurrencies – Sound Way to Get Rich Quick?

Miles

Enterprise Ethereum Alliance Secures Intel and Microsoft Support for Reward Tokens

Viena Abdon

BitGo to Offer Crypto Insurance Up to $100 Million

Sierra Sanders

How Switzerland Qualifies as the Central Cryptocurrency Hub of the Globe

Viena Abdon

Blockchain-Powered Brave Browser Surpasses Rivals in Japan Rankings

Viena Abdon

Crypto Platform Binance Set to Launch US Branch in a Few Weeks

Viena Abdon