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Coinbase launches in Japan

Coinbase was based in 2012 as a straightforward and trusted place to purchase and promote Bitcoin. Since then, Bitcoin has spawned a complete trade with hundreds of various blockchains, tokens and initiatives. At the moment, we provide rather more than bitcoin buying and selling, enabling over 68 million customers and 9,000 establishments in over 100 international locations to simply and securely make investments, spend, save, earn, and use crypto.

At the moment we’re excited to be launching Coinbase in Japan, one of many first international locations to embrace crypto and one of many largest markets by crypto buying and selling volumes within the world.

In step with our international technique, we’ll intention to be the simplest to make use of and most trusted change in Japan that’s totally compliant with native rules. That’s why we’re additionally excited to announce our partnership with Mitsubishi UFJ Monetary Group (MUFG) — one of many largest banks in Japan serving 40 million Japanese clients. Our partnership with MUFG will assist hundreds of thousands of individuals in Japan entry our platform rapidly and start buying and selling on our change by providing MUFG Fast Deposit for all clients in Japan from day one.

At the moment’s launch is just the start. Coinbase is dedicated to rising the usage of crypto in Japan by bringing a best-in-class product providing to Japanese clients. We might be launching retail merchandise first together with a set of 5 prime property primarily based on buying and selling quantity, and can add extra property and merchandise within the coming months. We additionally plan to introduce extra localized variations of worldwide standard providers equivalent to superior buying and selling, Coinbase for Establishments, and extra within the future.

Coinbase launches in Japan was initially printed in The Coinbase Weblog on Medium, the place persons are persevering with the dialog by highlighting and responding to this story.

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