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Cardano (ADA) Makes Much-Anticipated Debut in Japan

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Wed, 08/25/2021 - 05:50
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Alex Dovbnya
Cardano (ADA) has become available for trading in Japan
Cardano (ADA) Makes Much-Anticipated Debut in Japan
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Tokyo-based Bitpoint has become the first Japanese exchange to list Cardano (ADA).

The third-largest cryptocurrency started trading in Japan earlier today. Cardano joins such cryptocurrencies as Bitcoin (BTC), Tron (TRX), XRP, Ether (ETH), Bitcoin Cash, and Basic Attention Token (BAT).

ADA
Image by twitter.com

In a celebratory tweet, IOG CEO Charles Hoskinson posted a haiku poem composed by Matsuo Basho, the most famous poet of the Japanese Edo period.

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 The choice of the poem is not a coincidence. As soon as Cardano wraps up the ongoing Goguen era with the launch of smart contracts on Sept. 12, it will enter the Basho era, during which the proof-of-stake blockchain will improve its scalability and interoperability.    
 
The Bitpoint exchange made headlines back in July 2019 after temporarily suspending its services due to a $32 million hack.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.