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Coinbase Firmly Intends to Obtain License from Japanese Regulator Next Year

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Wed, 10/10/2018 - 9:38
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Coinbase Firmly Intends to Obtain License from Japanese Regulator Next Year
Cover image via U.Today
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A large crypto market player Coinbase is to focus on security in order to get a regulatory approval from Japan’s FSA by next year. The Coinbase team thinks that the crypto crackdown that is currently taking place in Japan is good for them since the local market is in great demand.

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Japanese media reports that the negotiations of Coinbase with the local regulator are proceeding well enough and that the large US player is sure it will be achieved by 2019. 99 percent of funds at the exchange are reportedly held in cold vaults which ensure their safety.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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