The EOS Network Foundation announced a significant advancement in EOS' mission to establish a global presence and facilitate broader accessibility.
EOS Approved In Japan
The Japan Virtual and Crypto Asset Exchange Association (JVCEA) has given whitelist approval to the EOS token. This development paves the way for EOS to be traded against the Japanese yen on regulated cryptocurrency exchanges in Japan.
JVCEA's approval marks an important step by expanding the reach and availability of EOS Network to a wider range of Japanese users, investors and developers.
From mid-September, EOS tokens will be listed for trading on BitTrade, a leading cryptocurrency market operating under the licensing and regulation of the Japan Financial Services Agency (FSA).
Yves La Rose, Founder and CEO of EOS Network Foundation, emphasized the importance of this regulatory milestone:
“Receiving regulatory approval from the JVCEA is a tremendous achievement for EOS and confirms our steadfast commitment to compliance.
This landmark approval opens up new opportunities for EOS in the Japanese market and fosters stronger connections with discerning businesses and developers seeking robust blockchain solutions, particularly in the gaming industry.
We are ready to embrace the opportunities that await us and are committed to promoting adoption and innovation in East Asian markets and beyond.”
*This is not investment advice.