Just-In: Coinbase Gets FSA Approval To Enter Japan's Crypto Market

Coinbase ($COIN), one of New York's largest crypto exchanges, is poised to enter the Japanese crypto market after it was approved by the country's main regulatory watchdog, the Financial Service Agency (FSA). The FSA has registered Coinbase as a crypto exchange under the revised Funds Settlement Act. The Nasdaq-listed crypto exchange is said to offer five cryptocurrencies for trading: Bitcoin (BTC), Bitcoin cash (BCH), Ether (ETH), Stellar Lumen (XLM), and Litecoin (LTC). The exchange first announced its plans to enter the Japanese crypto market in 2018 and said it is confident it will receive FSA approval. Japan is seen as one of the most progressive crypto markets in terms of regulation and has even distributed a regulatory handbook to G-20 countries to help them implement progressive crypto regulations. Just-In: Coinbase Gets FSA Approval to Enter Japan's Crypto Market, first appeared on Coingape.

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