Cardano Gets Approval for Listing on Crypto Exchanges in Japan

cardano ada cryptocurrency coin growth chart exchange chart 2 1 scaled

Crypto investors in Japan can look forward to buying and selling Cardano as the fifth-largest crypto asset gets the green light for listing on exchanges operating in the country.

Sebastien Guillemot, the former executive of Cardano-founding entity EMURGO, says that getting ADA’s regulatory approval is no easy feat due to Japan’s “strict” rules involving the listing of cryptocurrencies on the country’s exchanges.

“Cardano was finally listed in Japan! ADA.

Japan has extremely strict rules for crypto exchange listings.

Only a small number of tokens can be listed in Japan, and ADA is now on that list!”

EMUGO confirms the news and says that Japanese crypto exchange Bitpoint will soon support the trading of ADA.

“As a company with Japanese heritage, EMURGO has been working with Japanese exchanges for some time, and we are happy that ADA [will be listed soon] on its first ever Japanese exchange, Bitpoint.”

According to Bitpoint, the handling of ADA is scheduled for later this month. The crypto exchange says it will make a separate announcement after deciding on the exact date.

In July, Reuters reported that Japan is looking to increase its manpower to oversee the regulation of digital assets. Reuters said an anonymous source unveiled that the Ministry of Finance is considering beefing up its staff and the Japanese Financial Services Agency created a new section to assist in regulating cryptocurrencies.

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

The post Cardano Gets Approval for Listing on Crypto Exchanges in Japan appeared first on The Daily Hodl.

Ronnie Huss

Ronnie Huss

Leave a Reply

Your email address will not be published. Required fields are marked *

Share:

Share on telegram
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Related Posts

bitcoin
Bitcoin (BTC) $ 65,145.45
ethereum
Ethereum (ETH) $ 3,180.91
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 574.62
solana
Solana (SOL) $ 151.13
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 3,179.17
xrp
XRP (XRP) $ 0.528522
dogecoin
Dogecoin (DOGE) $ 0.163549
the-open-network
Toncoin (TON) $ 6.23
cardano
Cardano (ADA) $ 0.507167
shiba-inu
Shiba Inu (SHIB) $ 0.000028
avalanche-2
Avalanche (AVAX) $ 38.21
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 65,206.47
bitcoin-cash
Bitcoin Cash (BCH) $ 513.20
polkadot
Polkadot (DOT) $ 7.22
tron
TRON (TRX) $ 0.111174
chainlink
Chainlink (LINK) $ 14.97
internet-computer
Internet Computer (ICP) $ 15.64
matic-network
Polygon (MATIC) $ 0.738179
near
NEAR Protocol (NEAR) $ 6.35
litecoin
Litecoin (LTC) $ 85.15
uniswap
Uniswap (UNI) $ 7.85
leo-token
LEO Token (LEO) $ 5.74
dai
Dai (DAI) $ 1.00
aptos
Aptos (APT) $ 10.14
ethereum-classic
Ethereum Classic (ETC) $ 28.20
blockstack
Stacks (STX) $ 2.80
mantle
Mantle (MNT) $ 1.23
filecoin
Filecoin (FIL) $ 6.72
first-digital-usd
First Digital USD (FDUSD) $ 1.00
render-token
Render (RNDR) $ 9.20
crypto-com-chain
Cronos (CRO) $ 0.131521
cosmos
Cosmos Hub (ATOM) $ 8.66
stellar
Stellar (XLM) $ 0.116062
okb
OKB (OKB) $ 55.77
arbitrum
Arbitrum (ARB) $ 1.22
immutable-x
Immutable (IMX) $ 2.21
renzo-restaked-eth
Renzo Restaked ETH (EZETH) $ 3,207.65
bittensor
Bittensor (TAO) $ 481.56
hedera-hashgraph
Hedera (HBAR) $ 0.089380
dogwifcoin
dogwifhat (WIF) $ 3.11
vechain
VeChain (VET) $ 0.042260
maker
Maker (MKR) $ 3,140.63
kaspa
Kaspa (KAS) $ 0.120321
the-graph
The Graph (GRT) $ 0.289647
fetch-ai
Fetch.ai (FET) $ 2.52
injective-protocol
Injective (INJ) $ 29.37
optimism
Optimism (OP) $ 2.51
pepe
Pepe (PEPE) $ 0.000006