Licensing Hindrances Ban US and Japan Clients From Using LINE’s New Coin

  • Yuri Molchan
    📰 News

    Messaging app LINE intended to produce its own virtual currency in September. However, now it has become clear that the coin LINK will not be distributed through an ICO


Licensing Hindrances Ban US and Japan Clients From Using LINE’s New Coin

The popular Japanese messaging app LINE intended to produce its own virtual currency in September. However, now it has become clear that the coin LINK will not be distributed through an ICO. Besides, customers from the US and Japan will not have access to the new coin because of licensing issues.

The LINK coin will be paid to customers as a bonus for using special options of the LINE app. The coin will later be added to the company’s exchange BitBox, so users can trade it.

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About the author

Yuri has worked in crypto since 2017. A translator, quickly became a crypto enthusiast. He has worked for several Telegram channels covering cryptocurrencies. Currently is a news writer, covering crypto and blockchain-related topics.

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