Crypto exchange Coinbase Japan has doubled the number of tokens available for trading

Article Reading Time:
2 minutes.

The Japanese branch of the American crypto exchange Coinbase has increased the offer of listed crypto assets available for trading to 11.

The Coinbase Japan platform announced inTwitter on expanding the list of crypto-assets available to users for trading operations. The offer was supplemented by five cryptocurrency assets: Chainlink (LINK), Enjin Coin (ENJ), OMG (OMG), Ethereum Classic (ETC) and Basic Attention Token (BAT). 

List increase in Coinbase Japan trading offer is now possible
after the Japan Exchange AssociationVirtual and Crypto Assets (JVCEA) has announced its intention to simplify the listing process. This allowed local exchanges to receive regulatory approvals on an expedited basis, especially in cases where the exchange wants to list an asset that was previously listed on a competitor's platform.

Until recently, the audit and approval process for the listing of new tokens in the JVCEA could take six months or more.

Thus, Coinbase Japan took advantage of the current legislation and almost doubled its trading offering.

Earlier cryptocurrency exchange Coinbase reported
users, which against the backdrop of growing politicalinfluence on the industry, it will post information about lobbying for digital assets and decisions of local authorities regarding the industry. Coinbase CEO Brian Armstrong said that this will help the platform's 103 million verified users know what steps local political leaders and industry representatives are taking in relation to cryptocurrencies.