Cryptocurrency News From Japan: April 19-25 in Review
Cryptocurrency News From Japan: April 19-25 in Review
FXCoin announced XRP remittance testing, ane company began its security token initiative, and more headlined news from Japan this past calendar week.
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This week'southward headlines from Japan included Mitsui & Co. Digital Asset Direction kicking off its security token project, Coincheck'southward fiat exchange listing seven altcoins, FXCoin unveiling physical crypto trading and XRP remittance testing plans, and GMO Coin listing iii more than altcoins.
Check out some of this calendar week's crypto and blockchain headlines, originally reported past Cointelegraph Nippon.
Security token company tests security tokens in real manor
Looking to create blockchain-based security tokens, Mitsui & Co. Digital Asset Direction, daughter of Japanese product and material trading behemothic, Mitsui & Co., recently kicked off an initiative called the "Digital Securities Project."
As part of its initial experimentation, the entity plans to work with a real manor fund. The new projection also involves collaboration with blockchain company, LayerX.
Coincheck'south fiat exchange lists vii crypto assets
Japanese exchange, Coincheck, listed seven altcoins on its fiat exchange, Coincheck Tsumitate, on April 23. The commutation'due south fiat co-operative hosted but Bitcoin (BTC) when it opened in fall 2022. Coincheck calls its fiat platform a "virtual currency reserve service," the exchange said in a statement.
Every bit of the recent announcement, Coincheck Tsumitate offers Ethereum (ETH), Ripple'due south XRP, Bitcoin Cash (BCH), Litecoin (LTC), Ethereum Archetype (ETC), Stellar (XLM) and Lisk (LSK).
FXCoin announced physical crypto trading and XRP remittances
FXCoin will open up its platform to physical crypto trading in May, launching back up for Bitcoin, with its sights set on XRP in the futurity.
The commutation also looks to deport domestic and international remittance payment testing with Ripple's XRP asset. Yasuo Matsuda, FXCoin's senior strategist, noted a number of benefits crypto avails agree, while looking to harness the manufacture to further the financial globe.
GMO Coin lists 3 more than crypto avails
Japan's GMO Coin crypto substitution recently added three more altcoins to the mix — Bones Attending Token (BAT), NEM (NEM) and XLM.
The newly-listed assets bring together the platform'due south other v available assets — BTC, ETH, XRP, BCH and LTC.
Source: https://cointelegraph.com/news/cryptocurrency-news-from-japan-april-19-25-in-review
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