Messaging App to Open Digital Asset Exchange

Japanese messaging app company, Line, has declared that they will be opening their own cryptocurrency platform. Line has a community of 600 million users and 200 million users that are active internationally. Line has already went ahead and filed their application with the Financial Services Agency (FSA). Currently the application is being reviewed. Line will be incorporating their messaging app with their cryptocurrency platform. Line is not only popular in Japan, but also many other Asian countries such as Indonesia, Taiwan, and Thailand. Line is also looking to extend their ICO to a span of countries from Hong Kong to Luxemborg. If the messaging app giant looks to make their cryptocurrency platform available to users globally, it could highly affect the biggest cryptocurrency exchange, Coinbase. Line is among 30 other exchanges that have filed their applications with the FSA. Thus far, the FSA has approved 16 exchanges and have issued them their licenses to operate. Line will also be opening a financial services company called Line Financial. Stand in line because Line may be a key player in this revolution!

Leave a Reply

Your email address will not be published. Required fields are marked *

TRENDING TOPICS

Pakistan Using Alibaba’s Alipay Blockchain, but Refuses Bitcoin

Pakistan's government has been implementing a blockchain

14 Jan, 2019

From Brexit to Bitcoin, Here’s What You Need to Watch for in 2019

Due to the major drops in crypto

13 Jan, 2019

Subscribe To Our Newsletter

Keep in touch with the latest news and the most efficient ways to trade your digital cash today.