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Why Japan’s Biggest Messenger is Launching a Crypto Exchange For 80 Million Users

LINE

By CCN Markets: Line, the most widely utilized messaging application in Japan with more than 80 million users is set to receive approval from Japan’s Financial Services Agency as early as June to launch a crypto exchange, according to a Bloomberg report. In July 2018, Line launched a crypto exchange called “BITBOX” in Singapore with the intent of integrating LINK, the Line ecosystem’s native...

Blockchain for 35 Million Users: Korea’s Biggest Insurance Firm SK Partners With ICON

ICON, South Korea’s most valuable blockchain project, has partnered with the country’s biggest telecommunications conglomerate SK, to possibly utilize blockchain technology and crypto in compensating users of its mileage system. SK Planet, a subsidiary of SK that signed a memorandum of understanding (MoU) with ICON, operates the most widely utilized mileage system in the country that has nearly...

Japanese Social Media Giant LINE Launches Cryptocurrency, DPoS Blockchain

LINE LINK Cryptcourrency

Japanese social media company LINE is doubling down on its bet that cryptocurrency has a bright future. The publicly-traded LINE announced on Friday that it has launched its own cryptocurrency, named “LINK,” complete with an independent blockchain designed to serve as a platform for decentralized applications (dApps). A LINE representative told CCN that the blockchain is based on a Delegated...

LINE Launches $10 Million Token Venture Fund, Lists TRON on Crypto Exchange

LINE TRON

Japan’s largest messaging app LINE has established a new corporate token venture fund with $10 million in capital for startups in the blockchain and crypto industry. With over 600 million registered users and 200 million monthly active users worldwide on its messaging app, Japan’s LINE announced its entry into the cryptocurrency space after filing to register and launch a crypto exchange in Japan...

Messaging Giant LINE’s Cryptocurrency Exchange Begins Global Operations

LINE LINK Cryptcourrency

Japanese mobile giant LINE has officially launched operations of its Singapore-based cryptocurrency exchange BITBOX with support for 30 cryptocurrencies including bitcoin. With an announcement on Tuesday, LINE confirmed the exchange will only support crypto-exclusive trading pairs with no trading offered between fiat currency and cryptocurrencies. Around 30 coins are being traded presently at...

Messaging Giant LINE Announces New Global Crypto Exchange, Excludes U.S., Japan

LINE BITBOX

Japanese messaging app LINE has announced plans to launch its cryptocurrency exchange BITBOX in July with support for 30 coins including bitcoin. In an announcement on Thursday, LINE revealed the new exchange will only allow for crypto-to-crypto trading with no exchange between fiat currency and cryptocurrencies. In an excerpt, LINE said: With the need to trade cryptocurrencies rising around the...

Exclusive: 200 Million Users Messaging Giant LINE Partners Blockchain Project ICON

ICON, the $1.6 billion blockchain project created by developers from South Korea, has secured an official partnership with LINE, Japan’s largest messaging app that supports more than 200 million monthly active users. LINE’s Entrance Into Cryptocurrency Exchange Market On January 31, CCN reported that LINE is set to launch a cryptocurrency exchange within 2018 with an intent to enter the global...

Messaging App Giant 'Line' is Launching a Cryptocurrency Exchange

With over 600 million registered users and 200 million monthly active users worldwide, Japanese messaging giant Line has announced plans to start and operate a cryptocurrency exchange. In an announcement today, the Tokyo-based chat app confirmed that it has filed an application with the Financial Services Agency (FSA) – Japan’s financial regulator – to register and launch a cryptocurrency...

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