Japanese messaging giant LINE wins crypto exchange license from regulator

posted 11 months ago
Japanese messaging giant LINE just received a license to operate a cryptocurrency exchange business in the country. The approval from Japan’s regulator will allow the firm to offer cryptocurrency trading services to its over 80 million users.

LINE’s Japanese platform “BitMax” has been approved to offer trading in multiple cryptocurrencies - including Bitcoin, Litecoin and others. LINE's unit becomes 1 of 20 licensed cryptocurrency exchanges in Japan, which include recently approved Rakuten Wallet, among others.
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