Japan has ended a four-year freeze on issuing cryptocurrency trading licenses, according to Techub News, which cited U.Today. In the latest update, Shiba Inu (SHIB) was added to the list of approved assets. The token is now one of only six cryptocurrencies approved by Japan’s Financial Services Agency. The change means SHIB can be legally traded on licensed exchanges in Japan. The report did not disclose the names of the other approved assets or provide additional details on the licensing process.
Japan has ended a four-year freeze on issuing cryptocurrency trading licenses, according to Techub News, citing U.Today.
Under the latest update, Shiba Inu (SHIB) was included in the list of approved assets. It is now one of only six cryptocurrencies approved by Japan’s Financial Services Agency.
That means SHIB can be legally traded on licensed exchanges in Japan.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
