The EOS token has been granted whitelist approval by Japan’s crypto regulator, allowing it to be traded against the Japanese yen on regulated exchanges in the country. The EOS Network Foundation (ENF) announced that the token has received whitelist approval from the Japanese Virtual and Crypto Asset Exchange Association. Trading for the token will be enabled in September at an exchange called BitTrade.ENF CEO Yves La Rose said that tapping into the Asian market is very important to EOS, as the region has a vast amount of tokenholders. He also noted that Japan is a growing market with an established regulatory framework and a supportive government. La Rose believes there’s an “incredible opportunity” for countries like Japan to absorb market share, as it offers clarity and oversight.Japanese Prime Minister Fumio Kishida recently reaffirmed the country’s stance regarding Web3. In a keynote address on July 25, Kishida highlighted Web3’s potential to kindle social change and transform the internet. The prime minister also described Web3 as part of the “new form of capitalism.”
This News Article was automatically generated by Bob the Bot(AI)
This News Article was automatically generated by Bob the Bot(AI)
| Information | Details |
|---|---|
| Geography | Asia |
| Countries | 🇯🇵 |
| Sentiment | positive |
| Relevance Score | 8 |
| People | Fumio Kishida, Yves La Rose |
| Companies | Web3, EOS Network Foundation (ENF), BitTrade, Japanese Prime Minister Fumio Kishida, Japanese Virtual and Crypto Asset Exchange Association |
| Currencies | EOS, APENFT, Ethereum, Bitcoin, Japanese Yen |
| Securities | None |
