The EOS Network Foundation has announced that the Japan Virtual and Crypto Asset Exchange Association (JVCEA) has approved the EOS cryptocurrency for inclusion on its whitelist. This opens the door for EOS to be traded in Japan on authorized cryptocurrency exchanges against the yen. Midway through September, EOS will start trading on BitTrade, a renowned cryptocurrency exchange authorized and governed by the nation’s Financial Services Agency (FSA). Japan’s strict regulatory regime controlling digital tokens is well known for its thoroughness and sturdiness. The Payment Services Act mandates a detailed pre-screening procedure for new digital assets, and the JVCEA and FSA closely monitor and regulate crypto-asset providers. The EOS Network’s adherence to these strict rules demonstrates its dedication to openness, security, and innovation. With the successful extension of Upland, built on EOS and one of the largest metaverses in the business, to encompass Tokyo, the network is already experiencing a rise in popularity and usage in the Japanese market. EOS has a solid reputation among blockchain fans and developers thanks to its five years of uninterrupted mainnet operation and its top-tier Ethereum Virtual Machine, which offers unrivalled performance. This endorsement shows that the EOS Network’s dependability and performance have been acknowledged, opening the door for further development and acceptance in East Asian markets. As one of the top blockchains globally, EOS is well-positioned for ongoing progress in the area thanks to strong collaborations and a successful track record.

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Information	Details
Geography	Asia
Countries	🇯🇵
Sentiment	positive
Relevance Score	10
People	None
Companies	BitTrade, EOS Network Foundation, Japan Virtual and Crypto Asset Exchange Association (JVCEA), Financial Services Agency (FSA), Ethereum
Currencies	EOS, None, Ethereum, Bitcoin, Japanese Yen
Securities	None