In July 2018, it announced that a Japanese messaging giant LINE is also planning to bring in a cryptographic exchange, called the BitBox will launch. That news was followed with the debut of the LINE’s Financial previously, in the previous year.
In August of last year, made a-LINE Corporation is well known that the cryptovaluta (LINK below) on the market has been. Now it turns out that the world’s largest social network, is also licensed by the Japanese financial regulator, has received an order for a crypto exchange is to operate.
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The Asian Whatsapp
The Financial Services Authority (FSA) has set this Friday as the license granted to the LINE’s blockchain unit and LVC, Respectively. With the approval of the company will be able to have a crypto trading services, offering more than 80 million users of the online service. The LINE is also, in many Asian countries, the market leader, and it is possible to compare it with the messaging app, Whatsapp.
Japanese messaging giant LINE, wins, computer, exchange, license; to the sacrifice of trading in 5 cryptocurrencies @LINE_Globalhttps://t.co./tjNQXVRJrV
The Block (@TheBlock__) On September 6, 2019
The LINE has 187 million active users per month, with an estimated 50 million registered users of its mobile payment service, LINE Pay. The four main markets include Japan, Taiwan, Thailand, and Indonesia.
The license for BitMax
In June, it became clear to me that the license is for a LINE to Japan platform, BitMax, almost was. BitMax terms of the LINE’s second cryptocurrency exchange, after the above-mentioned BitBox held in July 2018 in Singapore, has been launched. As a result of Japan’s crypto-exchange, licensing requirements, effective as of the revision of the Japan Payment Services Act ” in april of 2017 – is the BitBox is not accessible to the Japanese dealers.
Japan’s crypto-exchange, – license approval and gbp for the Line https://t.co/MJNO5aLd3X
— The Japan Times (@japantimes) on June 20, 2019
It’s a Japanese platform, BitMax has been approved for the Japanese market, and the five cryptovaluta’s. You should know: bitcoin (BTC), ether (ETH), bitcoin, cash (BCH), litecoin (LTC), and XRP. The LINE’s BitMax, one of the twenty-cryptocurrency stock exchanges in Japan with a license. Also, the recently adopted Rakuten Wallet is listed below, as well as a Coincheck, and SBI BC Fi.
Link Chain
The LINE, launched in the summer of 2018 in addition to its own cryptomunt the Link below. Since then she has been hard at work building on that token, ecosystem-based and service-oriented blockchain Link of the Chain. In the blockchain the network is more decentralized applications directly to the message hub from the Line.
The LINK was listed on the BitBox in October of last year. Also, BitMax is to LINK the trades to support them. The compiler, however, has not yet been formally approved by the Japanese FSA as a. In June of this year, it was also well-known that a LINE is a co-operation contract with the Us Visa to the new blockchain, and digital solutions. Thus, it is clear that the LINE as a name to keep an eye out!
Source: The Block, Crypto, Coin Telegraph
(Photo: Flickr / Jon Russell
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