{"id":197138,"date":"2021-08-19T11:00:48","date_gmt":"2021-08-19T10:00:48","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=197138"},"modified":"2021-08-19T11:26:54","modified_gmt":"2021-08-19T10:26:54","slug":"coinbase-launches-in-crypto-friendly-japan","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/coinbase-launches-in-crypto-friendly-japan\/","title":{"rendered":"Coinbase launches in crypto-friendly Japan"},"content":{"rendered":"<p><a href=\"https:\/\/cryptoslate.com\/companies\/coinbase\/\"><span style=\"font-weight: 400;\">Coinbase<\/span><\/a><span style=\"font-weight: 400;\">, the publicly traded, third-largest crypto exchange in the world, has now expanded to the <\/span><a href=\"https:\/\/cryptoslate.com\/places\/japan\/\"><span style=\"font-weight: 400;\">Japan market<\/span><\/a><span style=\"font-weight: 400;\">, it said in a release this morning.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">??BIG NEWS!??<\/p>\n<p>We\u2019re excited to be launching Coinbase in Japan, one of the first countries to embrace crypto and one of the largest markets by crypto trading volume in the world.<\/p>\n<p>Details here ?<a href=\"https:\/\/t.co\/ZhsYiE3L2a\">https:\/\/t.co\/ZhsYiE3L2a<\/a><\/p>\n<p>&mdash; Coinbase (@coinbase) <a href=\"https:\/\/twitter.com\/coinbase\/status\/1428189370746474500?ref_src=twsrc%5Etfw\">August 19, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">\u201cToday we are excited to be launching Coinbase in Japan, one of the first countries to embrace crypto and one of the largest markets by crypto trading volumes in the world.\u201d Coinbase said, adding it shall aim to be the easiest to use and most trusted exchange in Japan that\u2019s fully compliant with local regulations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As part of the rollout, Coinbase is partnering with Mitsubishi UFJ Financial Group (MUFG) \u2014 one of the largest banks in Japan serving 40 million Japanese customers. The move is expected to let Coinbase reach millions of people in Japan and trade cryptocurrencies by using <\/span><a href=\"https:\/\/cryptoslate.com\/bank-of-tokyo-mitsubishi-testing-prepares-to-launch-first-bank-issued-crypto\/\"><span style=\"font-weight: 400;\">MUFG\u2019s Quick Deposit<\/span><\/a><span style=\"font-weight: 400;\"> service.<\/span><\/p>\n<h2><b>Why did Coinbase choose Japan?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Japan is one of the few crypto-friendly, regulated markets in the wild west world of cryptocurrencies. There are strict regulations around which cryptos can be listed, what exchanges can operate, and to what extent the public can invest in the sector.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This makes the country a lucrative market for established players, especially the ones seeking to take a legal, regulated approach to the crypto industry.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, Coinbase would increase its product suite for Japanese customers. \u201cCoinbase is committed to increasing the use of crypto in Japan by bringing a best-in-class product offering to Japanese customers,\u201d the firm stated, adding:<\/span><\/p>\n<blockquote><p><b>\u201cWe will be launching retail products first including a suite of five top assets based on trading volume, and will add more assets and products in the coming months.\u201d<\/b><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">A \u201clocalized version\u201d of popular services such as advanced trading, Coinbase for Institutions, is also on the cards in the near future.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase, the publicly traded, third-largest crypto exchange in the world, has now expanded to the Japan market, it said in a release this morning. ??BIG NEWS!?? We\u2019re excited to be launching Coinbase in Japan, one of the first countries to embrace crypto and one of the largest markets by crypto trading volume in the world. [&hellip;]<\/p>\n","protected":false},"author":65,"featured_media":197142,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[76925],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coinbase launches in crypto-friendly Japan<\/title>\n<meta name=\"description\" content=\"Coinbase, the publicly traded, third-largest crypto exchange in the world, has now expanded to the Japan market.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/coinbase-launches-in-crypto-friendly-japan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinbase launches in crypto-friendly Japan\" \/>\n<meta property=\"og:description\" content=\"Coinbase, the publicly traded, third-largest crypto exchange in the world, has now expanded to the Japan market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/coinbase-launches-in-crypto-friendly-japan\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-19T10:00:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-19T10:26:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/08\/coinbase-japan.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shaurya Malwa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shaurya Malwa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/coinbase-launches-in-crypto-friendly-japan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/coinbase-launches-in-crypto-friendly-japan\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/#person\",\"name\":\"Shaurya Malwa\",\"url\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/author-shaurya-malwa.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/author-shaurya-malwa.jpg\",\"caption\":\"Shaurya Malwa\"},\"jobTitle\":\"Analyst\",\"description\":\"Post-mining his first bitcoin in 2012, there was no looking back for Shaurya Malwa. 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