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Coinbase Japan: Exec Says Crypto Crackdown in Country is a Good Thing | coin❖trellis

Coinbase Japan: Exec Says Crypto Crackdown in Country is a Good Thing

Major US cryptocurrency exchange Coinbase said Japan’s tighter regulations towards cryptocurrency would give it an advantage, signaling the company’s confidence in securing the regulatory approval for Coinbase Japan.

Japan has been long considered a crypto friendly country, compared to its neighbor China. The country has had a large pool of retail investors interested in blockchain technology and crypto and light-touch government policies. Due to high-profile hacks, Japan has decided to increase its regulatory oversight over the cryptocurrency industry.

Coinbase Japan

Mike Lempres, Chief Policy Officer at Coinbase, told the NIKKEI Asian Review that his …

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