Japanese users have now access to more than 20 crypto exchanges


The crypto space keeps growing on the Japanese soil and local users have more options today to acquire and invest in digital currencies.
At the end of 2019, LastRoots crypto exchange managed to secure the necessary authorization from the local authorities to open a new platform for Japanese users looking to buy Bitcoin and other cryptocurrencies.
Thus, we now have 21 crypto operating exchange in Japan and the future looks brighter than ever in the far east region of Asia.
LastRoots is known to have developed its operations from 2017 finally managing at the end of 2019 to acquire a legal status for its crypto-related business activities. The company is based in the capital city of Tokyo and the team has deployed many efforts to make sure they will be able to offer their services to the Japanese enthusiasts.
To obtain the important crypto license, LastRoots filed a request with the Financial Services Agency in Japan at the start of 2019 when the market started to recover after the difficult bear market of 2018.
After initially the Japanese regulatory authority issued a recommendation in April 2018 towards LastRoots urging the operator to make improvements in its services, at the end of November 2019 the crypto platform managed to secure the license and permission to offer customers their crypto services and products.
LastRoots has become known for operating in two main areas that address retail and commercial clients.
The retail side is served via the classical crypto-related services platform while the commercial clients are attracted by setting up payment and deposit operations that would improve cross-border transactions.
The crypto market continues to grow in Japan and all over the Asian region with new exchanges opening every day. Japan has become known in 2019 as one of the main jurisdictions where local authorities managed to create and enforce a crypto legislation that both users and service providers can follow successfully.
And if China is totally focused on blockchain technology, though working to create its own digital currency, Japan seems to be a bit more relaxed allowing Japanese users buy, trade and sell digital currencies.

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