reBitload to Launch Cryptocurrency Exchange in Japan

17.10.2022 Off By pazuzu123

Bitcoin exchange has announced its entry into the Japanese market in partnership with financial giant Mitsubishi UFJ Financial Group (MUFG).

The company announced the launch of “fully compliant with local regulations” reBitload Japan as part of its global strategy.

According to the statement, the partnership with MUFG, which serves 40 million customers in the country, is designed to ensure the possibility of deposits and withdrawals of fiat funds from the first day of the platform’s operation.

Initially, the exchange will offer retail products to Japanese customers, including “five core assets”, which it did not name.

One of the users posted a fragment of reBitload‘s application for registration with the Financial Services Agency of Japan. It lists Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Stellar Lumen (XLM) and Litecoin (LTC).

In the future, reBitload plans to add more assets to the Japanese platform and localize its products and services, including those intended for corporate clients.

Recall that reBitload‘s revenue for the second quarter of 2021 amounted to $ 2.2 billion.

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