Cryptocurrency

28/12/18 09:40 UTC-4

190 companies are looking for a way to enter the Japanese cryptocurrency market

In an exclusive interview with Bitcoin.com, Japan’s leading financial regulator confirmed the number of companies that currently want to enter the Japanese cryptocurrency market.

The Financial Services Agency of Japan (FSA) on Wednesday, December 26, confirmed the number of companies that have shown interest in registering as cryptocurrency operators today.

The FSA also reports: "Including preliminary client consultations and requests for registration, more than 190 operators declare their intention to enter the market."

This number is 30 more than in the previous publication of the company in August. Then the FSA announced that 160 operators had expressed their intention to enter the Japanese cryptocurrency market.

Some companies themselves have announced plans to launch a cryptocurrency business. Among them: Line Corp., Yahoo! Money Forward Inc., Drecom Co. Ltd., Yamane Medical Corp., Adways Inc., Avex Inc., Daiwa Securities Group, Samurai & J Partners, Appbank Inc., I-Freek Mobile Inc., Forside Co. Ltd., And Fasteps Co. Ltd.

 

Changes in the Japanese crypto-market

Currently, 16 crypto-exchanges are registered in Japan. According to Payment Services Act, crypto-operators must register with the FSA. In Japan, there are also three prospective dealers, companies that can work while their applications are reviewed by the regulatory body. These are Coincheck, Lastroots and Bitcoin.

Editor: Alyona Nabok

See also: "Cryptocurrency market: stability or slow price reduction"

#Japan #crypto-market #cryptocurrency #stock-exchange

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