IOST To Get Listed on Bitpoint Japan Exchange
April 28, 2022ーIOST is excited to announce that Bitpoint Japan exchange will list IOST native token on May 10, 2022. Bitpoint will be the third exchange following Coincheck and OKCoin Japan to support the IOST native token in Japan, one of the most regulated markets.
Bitpoint Japan has a number 1 reputation for handling the number of new coins as well. The exchange's Ambassador — Tsuyoshi Shinjo (famously called “BIGBOSS”), is a former USA major leaguer and current manager at NIPPON HAM Fighters, a Japanese professional baseball team.
Bitpoint Japan https://www.bitpoint.co.jp
IOST will be available to trade on May 10.
Genki Oda, Chair of Bitpoint Japan comments: “We are excited to handle IOST at Bitpoint. IOST is one of the most popular crypto assets in Japan and has a large community. IOST has been highly acclaimed technically and is attracting more and more attention due to the various use cases that have been created. We are very pleased to be able to handle IOST in Japan. Bitpoint handles a variety of crypto assets that are popular among the Japanese, and our campaigns have been very well received. We will be working together with IOST on various campaigns to help more Japanese people understand the value and appeal of IOST!”
Blake Jeong, CMO of IOST comments: “It is an honor for IOST to be listed on the well-established Bitpoint Japan exchange. This is IOST’s third Japanese exchange listing and it won’t be the last. We understand the advantages and the difference in the target audience of each exchange and will strive to bring IOST to not only more Japanese exchanges but also to large global markets. We are doing our best to deliver as much good news and development as possible to live up to the expectations of the IOST community.”
Japan Market- Global Digital Asset Compliance Pioneer
Japan was the first country where the government legalized digital asset transactions, and it was the first country to formulate regulations legally.
In March 2016, the Japanese Cabinet voted to treat Bitcoin and other digital currencies as digital equivalent currencies, becoming the first country to provide legal protection for cryptocurrency transactions.
In April 2017, Japan implemented the “Payment Services Law” to incorporate digital currencies into the legal regulatory system and officially recognized Bitcoin as a legal payment method. Japan has been at the forefront of global digital asset compliance with this.
As the country with the most compliant trading platforms in the world, Japan is also a pioneer in creating digital asset regulatory systems. The Financial Services Agency of Japan is responsible for overseeing the Japanese digital currency market and states that digital currency trading platforms must apply for licenses to operate in compliance. The highly compliant and strictly regulated Japanese market is also highly recognized by global crypto investors.
The FSA remains rigorous in its checks, always demanding complete compliance from cryptocurrency exchanges, and has steadily improved and raised the threshold. IOST is the 29th compliant coin in the Japanese market, approved by the Financial Services Agency, Japan's Trading Platforms Supervision Alliance.
Already, IOST has an office in Japan, helping accelerate the development of an IOST-based solution in the second largest cryptocurrency market in the world. IOST has focused on blockchain education since 2018, when it began its activities in Japan. To date, we have provided free workshops on understanding blockchain technology to 9 universities and educational institutions and more than 400 students. Several universities offer this workshop as part of their coursework.
In addition, the nodes supporting IOST’s decentralized ecosystem include top-tier crypto-asset exchanges, game developers, and renowned law firms and investors from Japan. Japan ranks second in the total vote totals for its top 10 countries.
IOST’s Latest Development in Japan
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About IOST
Backed by major financial and VC firms such as Sequoia, Matrix, and ZhenFund, IOST is a pioneering decentralized, high-throughput, gas-efficient Proof-of-Believability-powered smart contract platform built to tackle the scalability trilemma.
IOST has gained widespread recognition due to its innovative features and superior blockchain technology. It has also outpaced 37 top competitors, including Ethereum and EOS, multiple consecutive times in the ranking by China’s Ministry of Industry and Information Technology.
IOST network has more than 624,000 unique wallets and is currently processing over 648 million transactions. The network hasn’t also had a single security incident since its mainnet launched in 2019.
Notably, in April 2022, IOST announced the launch of Project Entroverse to become an EVM-compatible multi-chain. This move, coupled with the kickoff of IOSTSwap and IOSTSwap Farm, has become a highlight in IOST’s 2022 development roadmap.
If you would like to hang out with the IOST community on chat, social media, or discuss product development, we have something for everyone:
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