Japan is without any doubt one of the world’s few countries which are freely allowing cryptocurrency to grow and expand. The recent example is here as the country’s biggest messaging app Line has announced that it is planning to start cryptocurrency trading and funds transfer through its new financial feature in the app.

Japan’s biggest messaging app Line starts cryptocurrency trading spin-off
Source: Mashable

According to Line, its new business model would “provide a variety of financial services, including a place to exchange and transact virtual currencies, loans, and insurance.”

The app already has a feature that allows mobile payment system and the company is just making a few additions to the service.

Japan’s biggest messaging app Line starts cryptocurrency trading spin-off
Source: themerkle.com

The company spokesman has revealed that it is already in talks with Japan’s Financial Services Agency to integrate its new crypto trading feature.

Comments Below

comments