Japan Embraces Cryptocurrencies, 11 Exchanges Are Given Licences

Japan is a technologically advanced country which is heavily involved in new technologies.

Yesterday Japan’s Financial Services Agency (FSA) gave licenses to 11 cryptocurrency exchanges. One of 11 exchanges is Bitflyer, the largest exchange in Japan. This is great news for Bitcoin traders in Japan and users of cryptocurrencies in general. When other countries in the region are putting bans on exchanges and ICO, Japan is embracing the new technology. Back in April Japan made Bitcoin a legal currency.

Japan is now the center for investment, trading, and research for the blockchain universe.

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