Japan’s top financial regulator has shared with news.Bitcoin.com some stats pertaining to cryptocurrency exchange registrations. Out of 23 new applications the regulator has received, two have been approved so far. In addition, there are over 140 more companies interested in entering the market.
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Over 140 Companies Interested, 2 Approved so Far
The Japanese Financial Services Agency (FSA) approved the applications for two new cryptocurrency exchanges this week — one from Rakuten Wallet Co. Ltd. and the other from Decurret Co. Ltd.
The FSA exclusively told news.Bitcoin.com:
The number of entities which have expressed interest in market entry as virtual currency operators in Japan (Including preliminary consultation/inquiries regarding registration) is more than 140 since last March.
The regulator further shared that “Among 23 entities from which FSA has actually received questionnaire … seven entities are under the main evaluation…