The American currency exchanger Coinbase, one of the oldest and most authoritative among the crypto-community, has applied to the Japan Financial Services Agency and planning to enter the Japanese market. The exchanger operates with 4 currencies - Ethereum, Bitcoin, Bitcoin Cash and Litecoin, serves users from 32 countries, the number of customers exceeds 10 million, and the total volume of transactions is $ 50 billion.
Experts are confident that Coinbase fully complies with the new requirements of Japan's FSA, which were formulated after the break-in of Coincheck and the theft of NEM for $ 500 million. Having received these requirements, in the spring large crypto-exchangers were closed in Japan. Exchange and Tokyo GateWay, FSHO was closed by the regulator's decision, Raimu, bitExpress and Bit Station withdrew applications from the FSA, and the British-registered HitBTC exchanger suspended operations.
By the way, Coinbase is completing the development of its own messenger Token, which will provide digital payments by analogy with WeChat.
