Popular Japanese chat app LINE, which boasts a monthly user base of 200 million, seeks permission to launch a new cryptocurrency exchange
Major Japanese social messaging app LINE has announced today, Jan. 31, that it is launching its own crypto exchange and in-app trading space for its 200 million active monthly users.

According to LINE’s official statement today, their application to operate a new cryptocurrency exchange is currently sitting before Japanese regulators.

Japan began operating a licensing scheme for cryptocurrency exchanges in 2017. The government has seen approved over

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