200 million social messaging app LINE launching its own crypto exchange
Major Japanese social messaging app LINE has announced today, Jan. 31, that it is launching its own crypto exchange and in-app trading space for its 200 million active monthly users.
According to LINEs official statement today, their application to operate a new cryptocurrency exchange is currently sitting before Japanese regulators.
Japan began operating a licensing scheme for cryptocurrency exchanges in 2017. The government has seen approved over twenty exchanges joining what become a popular industry, involving several major corporations.
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