Japan | Amazing Crypto

Japanese Crypto Exchange TaoTao Agrees to SBI Purchase After Binance Talks End

The all-stock deal bolsters SBI’s crypto exchange services in Japan.

SBI now has two licensed crypto trading platforms in Japan.

The makers of Japan’s popular messaging app LINE is launching a crypto lending service through its BITMAX exchange.

A spokesperson for Tao Tao said it “could not agree on a strategy” with Binance.

The cross-border initiative opens Japan’s high-volume bitcoin markets to European traders courting the bitcoin/yen trading pair.

But it remains unclear where KuCoin is actually headquartered.

For the U.K. to remain attractive to the crypto industry, it should strive to provide more clarity and certainty around compliance.

Messaging app company LINK has started a rewards program where people can get LINK tokens by using its remittance and investment mobile apps.

A report shared with CoinDesk Japan revealed that bitFlyer users exchanging loyalty points for bitcoin hit a record high in August.

Yoshihide Suga is set to replace retiring PM Shinzo Abe.