Japan’s crypto exchange scene is dominated by domestic startups like bitFlyer. While at the start of the year, no exchange listed more than 20 tokens, some are on course to end the year with as many as 30 coins on their platforms.Ĭoinbase’s own entry into the Japanese market was a slow process. Japanese businesses working in the crypto space have claimed of over-regulation, while political opponents say that Japanese crypto talent and capital are both flowing overseas.Īs such, exchanges have been taking advantage – and some are now rapidly expanding the number of coins they list. Prime Minister Fumio Kishida has spoken about Web3 in glowing terms, and has agreed to make a number of concessions to the domestic crypto sector. ,OKEX,Bitstamp,Coinbase,Bitfinex,Liqui,Bithumb,Coincheck,BitFlyer. TikTok video from user219757695862 (user219757695862): ' japan cex coincheck QTUM OMG ETC IOST ENJ'. Japanese Exchanges Hope to List More Tokens pices de monnaie,litecoin ltc,omisego omg,aragon ant,augur rep,bat,civic cvc. The regulatory Financial Services Agency says it wants to have the final say on listing policy changes, but looks to be begrudgingly following suit with the government’s relatively pro-crypto stance.
Earlier this year, however, the JVCEA announced its intention to streamline the process and allow exchanges to cut corners, particularly in instances whereby an exchange wants to list a token that has already been listed on a domestic rival’s platform.
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