fb pixel - nftdropszone
Japan
calendar
October 23, 2022

More Worldwide Adoption? Japan to Ease Up on Crypto Rules

If you needed more proof than big corporations such as Starbucks adopting crypto transactions, and world governments that are pretty crypto-friendly, Japan seems to see the light as well and is looking to ease up on rules surrounding token listing.

It will now be easier for those living in Japan to list virtual tokens. What changes have been made? Well, you no longer have to go through the lengthy vetting process unless the coins you list on the exchange are new to the market.

What this means is a lowered entry bar and the potential for startups to get a leg up. The rules can take effect as quickly as this December. By spring of 2024, it is said that the relaxed rules may also apply to the new coins that the eased rules in December don’t cover. 

The Vice Chairman of the Japan Virtual and Crypto Assets Exchange Association, Genki Oda states that he hopes to “revitalize Japan’s crypto assets market” with the latest move.

Related Articles

BAYC - Homepage
Blog
December 5, 2022

Why Do People Buy NFTs? Your Questions Answered [2022]

Rexor
ethereum
Blog
December 5, 2022

How Do NFTs Gain Value Now in 2022?

Rexor
Blog
December 5, 2022

Are NFTs Dead? What The Future Looks Like [2022]

Rexor
ethereum
Blog
November 19, 2022

Why Do People Hate NFTs? (Top Reasons) [2022]

Rexor
Blog
November 9, 2022

Are NFTs Stupid? Some Challenges of NFTS [2022]

Rexor
Blog
October 30, 2022

Are Your NFTs Profitable? Find Out What to Look For [2022]

Rexor

Leave a Reply

Your email address will not be published.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

nft drops logo

NFT Drops Zone is an online calendar platform that keeps you updated on the new and latest Non-Fungible Token (NFT) projects. We publish upcoming events and releases from open-source blockchains like Solana, Ethereum, Polygon, and Cardano. 

© All rights reserved. by NFT Drops Zone 2022