Coinbase confident Japan will let it sell cryptocurrency by 2019

Japan’s tough stance on cryptocurrencies may be a mood killer for most businesses, but Coinbase is loving it. In fact, the company believes the increased scrutiny in the country gives Coinbase an advantage over other cryptocurrency businesses. “The Japanese government is more focused on security. That is good for us,”‘ Coinbase’s chief policy officer Mike Lempres told Nikkei Asian Review in a recent interview in Tokyo. Lempres further added that the talks of obtaining a license are “going well” with the Financial Services Authority (FSA), and they are expecting the license by next year. “We are… committed to getting it done. It will certainly be in…

This story continues at The Next Web

https://ift.tt/2pMHLkM Neer Varshney October 10, 2018 at 09:01AM