Coincheck president Satoshi Hasuo shared 3 points during the Crypto Asia Summit.
- First the market overview about crypto asset business in Japan
- Second is the advantage of the Japanese market
- Third is Coincheck’s plan
Japan is the 2nd largest bitcoin in the world with over 6 million crypto-traders. Total bitcoin traded volume based on currencies 24 hours is 280.348 BTC.
One of the reasons behind of adoption about crypto currency is the Japan government working closely on making regulations to protect the users. The new regulations took effect from May 1st. Currently there are 22 crypto asset providers in Japan and Coincheck is one of leading exchanges in Japan.
Coincheck strengths are “Most widely used crypto trading App in Japan”(Top-Tier exchange), supported by “No.1 Product line-up”, “Trusted Brand” and “Sophisticated UI/UX.
Coincheck has been working on expanding crypto-asset market in Japan with a variety of services. Coincheck is working on to provide IEO services and listing new tokens on the platform such as stablecoins and NFT. At the same time Coincheck will grow their corporation clients and work more with other exchanges in this industry.