Unexpected Altcoin to be Sold to Investors for the First Time in Japan, Founder Announces

EOS, one of the popular Blockchain networks of the period, will be available for sale for the first time in Japan on September 13, according to its official announcement.

According to EOS Foundation President Yves La Rose, EOS will officially begin trading on the BitTrade exchange in Japan on September 13. Announcing the news on X, La Rose said it was exciting for EOS to be listed in a rapidly growing market with a clear regulatory framework. He also thanked the EOS community in Japan for their support.

Exciting news: $EOS will officially start trading in Japan on September 13!

Japan is one of the hottest crypto markets right now, and it’s exciting to see #EOS being listed in a fast growing market with a clear regulatory framework. #EOS 🤝 🇯🇵 https://t.co/ER9m1A8E9p

— Yves La Rose (@BigBeardSamurai) September 11, 2023

On August 30, the altcoin managed to get permission from the Japanese government to be traded in the country against the Japanese Yen. It is known that cryptocurrency exchanges in Japan are very tightly regulated and most altcoins do not get the necessary permission to be traded in the country.

Yves La Rose said the following in his previous statements regarding the permission received:

“Receiving regulatory approval from the JVCEA is a tremendous achievement for EOS and confirms our firm stance on compliance. This landmark approval will open new hopes for EOS in the Japanese market, creating stronger connections with elite businesses and developers seeking robust blockchain solutions, especially in the gaming industry.”

*This is not investment advice.

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