Cryptocurrency

Cardano (ADA) To Finally Be Listed On a Japanese Crypto Exchange

Cardano (ADA), the fifth-largest cryptocurrency by market cap, will finally be listed by a Japan-based crypto exchange despite the existence of strict rules for exchanges in the country.

The new development was shared on Twitter by Sebastien Guillemot, the CTO and co-founder of dcSpark, a crypto ecosystem builder. According to Guillemot, this is a huge breakthrough for Cardano (ADA) in a country that only allows the listing of a small number of digital currencies, especially those that are regulatory compliant.

Read Also: Charles Hoskinson: Users Can Run Smart Contracts on Cardano Once Hard Fork Combinator Event Plays Out

Sebastien Guillemot tweeted, “Cardano was finally listed in Japan! Japan has extremely strict rules for crypto exchange listings. Only a small number of tokens can be listed in Japan, and ADA is now on that list!”

According to the report, BITPoint Japan has scheduled the incorporation of Cardano (ADA) on its trading platform for late August 2021. The report added that more details on handling ADA will be communicated as soon as a concrete decision is made.

Read Also: Cardano’s Yoroi Wallet Is Launching Connector for Dapps Integration. Here’s Why This Is Important

In the same thread, Sebastien pointed out that among the crypto community in Japan, the listing is of the same magnitude as the listing of Cardano (ADA) on Coinbase, a notable listing that received vast publicity a few months ago.

Sebastien Guillemot wrote, “…I would say this is comparable to Coinbase listing news for the JP community.”


Follow us on Twitter, Facebook, Telegram, and Download Our Android App

Solomon Odunayo

Solomon Odunayo is a cryptocurrency journalist with over 3 years of experience in the crypto industry. He's sternly interested in covering developments of emerging and established blockchain projects.

Recent Posts

VeChain (VET) Joins Top 10 Cryptocurrencies with Leading Social and Market Activity

VeChain (VET), the 21st largest cryptocurrency by market capitalization, is currently one of the top…

4 years ago

Michaël van de Poppe: Cardano (ADA) is ready For the Run to $5

Michaël van de Poppe, a popular cryptocurrency analyst and trader, is showcasing his bullishness on Cardano…

4 years ago

VeChain (VET) Gains New Means for Vast Exposure through Latest Partnership with Simplex

According to a press release on 13th August 2021, VeChain, the leading enterprise blockchain platform,…

4 years ago

What Charles Hoskinson Said about the Possibility of Hacking Smart Contracts on Cardano Network

Charles Hoskinson, the CEO of IOHK, who created Cardano (ADA), has stressed the possibility of…

4 years ago

The Date Smart Contracts Will Start Running On Cardano Has Been Announced

Tim Harrison, the marketing and communications director at Input Output Global (IOG), has recently announced…

4 years ago

Cardano (ADA) Displaces Binance Coin (BNB), Becomes 3rd Largest Crypto on CoinGecko

Over the last 24 hours, Cardano (ADA) has been the top gainer in terms of…

4 years ago