Coinbase launches in crypto-friendly Japan
The publicly traded exchange announced its inroads in the country yesterday.
News on licensing, investor protection, CBDC research, and Japan’s maturing crypto markets.
A subsidiary of SBI has partnered with a local firm to utilize Ripple for remittances.
The central bank of the cash-centric country is planning out its own digital currency, but seems unsure about cryptocurrencies.
The firm said ‘protecting shareholder value’ was one of the reasons behind the move.
Japan is one of the handful of countries in the world to spearhead crypto and blockchain initiatives. And its major conglomerates seem to share that goal.
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