1 year ago
The EOS Network Foundation announced that the EOS token volition commencement trading connected the Japanese speech BitTrade successful September.
The EOS token has been granted whitelist support by Japan’s crypto regulator, paving the mode for the token to beryllium traded against the Japanese yen connected regulated exchanges successful the country.
In an announcement sent to Cointelegraph, the EOS Network Foundation (ENF), which presently supports the improvement of EOS, announced that the token has received whitelist support from the Japanese Virtual and Crypto Asset Exchange Association.
Here unrecorded astatine @WebX_Asia and @JPN_PMO Fumio Kishida conscionable stated that Web3 is "the caller signifier of capitalism".
While the West continues to antagonize blockchain companies, Asia is welcoming america successful with their arms wide open.
In Asia, the aboriginal is agleam for crypto! pic.twitter.com/eZ9puYdzoR
This means the token tin commercialized against the yen connected regulated exchanges. The ENF besides highlighted that trading for the token volition beryllium enabled successful September astatine an speech called BitTrade.
ENF CEO Yves La Rose told Cointelegraph successful a connection that tapping into the Asian marketplace is precise important to EOS. According to La Rose, the portion has ever been an “important pillar” to EOS arsenic it has a immense magnitude of tokenholders. He added:
“We powerfully judge that the adjacent question of Web3 innovation volition travel successful the signifier of blockchain-based gaming and GameFi. Asia is intelligibly a person successful that space.”The ENF CEO besides said that Japan is simply a increasing marketplace with an established regulatory model and a supportive government. La Rose believes there’s an “incredible opportunity” for countries similar Japan to sorb marketplace share, arsenic it offers clarity and oversight. The ENF CEO besides noted that galore gaming intelligence properties successful Japan are “ripe for tokenization.”
Related: EOS turns 5, celebrates the community’s effort to rebuild
Meanwhile, Japanese Prime Minister Fumio Kishida has precocious reaffirmed the country’s stance regarding Web3. In a keynote code connected July 25, Kishida highlighted Web3’s imaginable to kindle societal alteration and alteration the internet. The premier curate besides described Web3 arsenic portion of the “new signifier of capitalism.“
Collect this nonfiction arsenic an NFT to sphere this infinitesimal successful past and amusement your enactment for autarkic journalism successful the crypto space.
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