In June, Japanese citizens will for the first time be able to start buying and selling Satoshi’s Vision (BSV) Bitcoin after it is listed on Huobi Japan.
BSV is the original cryptocurrency of Bitcoin Satoshi’s Vision (BSV) and is sometimes called Bitcoin SV.
Huobi Japan is one of the most popular digital currency exchanges in Japan and part of the Huobi Group, a global digital asset financial services provider.
The BSV Blockchain Association announced the listing of BSV on Huobi was in a press statement.
Upon listing, BSV will be the 15th cryptocurrency listed on Huobi Japan.
“BSV joins a short and selective list of cryptocurrencies available on Huobi and in the country as the Financial Services Agency of Japan (FSA) is a tightly controlled blockchain token regulator,” the association said in a statement.
Patrick Prinz, Managing Director (MD) of the BSV Blockchain Association, noted that Huobi’s listing shows the direction Japan will explore the possibilities and solutions that blockchain technology can provide for businesses as well as citizens.
According to the claim, Prinz made this statement while speaking at the inaugural BSV Global Blockchain Convention in Dubai, United Arab Emirates.
“We have worked tirelessly with businesses and officials around the world, including Japan, to educate and inform them how BSV can be transformative,” added MD.
Road to Listing
According to the association, BSV’s listing on Huobi Japan took a long journey.
The group said the Financial Services Agency (FSA), Japan’s financial market regulator, began examining its digital assets in March 2021.
The vetting process includes intensive risk analysis and sponsorship requirements of regulated exchanges, he said.
The association explains, “To understand how strict a country’s valuation system is, one should look no further than Huobi Global, which lists more than 400 cryptocurrencies around the world that are available to buy, sell or trade.
“Alternatively, Japanese platform Huobi only registers 14, with BSV being only the 15th cryptocurrency to be listed.”
The association believes that the approval from the FSA will give room for other Japanese-based exchanges to also offer BSV on the platform.
Meanwhile, Huobi recently opened a $ 100 million Lunar New Year campaign to encourage users to explore the possibilities available in the Metaverse.
In June, Japanese citizens will for the first time be able to start buying and selling Satoshi’s Vision (BSV) Bitcoin after it is listed on Huobi Japan.
BSV is the original cryptocurrency of Bitcoin Satoshi’s Vision (BSV) and is sometimes called Bitcoin SV.
Huobi Japan is one of the most popular digital currency exchanges in Japan and part of the Huobi Group, a global digital asset financial services provider.
The BSV Blockchain Association announced the listing of BSV on Huobi was in a press statement.
Upon listing, BSV will be the 15th cryptocurrency listed on Huobi Japan.
“BSV joins a short and selective list of cryptocurrencies available on Huobi and in the country as the Financial Services Agency of Japan (FSA) is a tightly controlled blockchain token regulator,” the association said in a statement.
Patrick Prinz, Managing Director (MD) of the BSV Blockchain Association, noted that Huobi’s listing shows the direction Japan will explore the possibilities and solutions that blockchain technology can provide for businesses as well as citizens.
According to the claim, Prinz made this statement while speaking at the inaugural BSV Global Blockchain Convention in Dubai, United Arab Emirates.
“We have worked tirelessly with businesses and officials around the world, including Japan, to educate and inform them how BSV can be transformative,” added MD.
Road to Listing
According to the association, BSV’s listing on Huobi Japan took a long journey.
The group said the Financial Services Agency (FSA), Japan’s financial market regulator, began examining its digital assets in March 2021.
The vetting process includes intensive risk analysis and sponsorship requirements of regulated exchanges, he said.
The association explains, “To understand how strict a country’s valuation system is, one should look no further than Huobi Global, which lists more than 400 cryptocurrencies around the world that are available to buy, sell or trade.
“Alternatively, Japanese platform Huobi only registers 14, with BSV being only the 15th cryptocurrency to be listed.”
The association believes that the approval from the FSA will give room for other Japanese-based exchanges to also offer BSV on the platform.
Meanwhile, Huobi recently opened a $ 100 million Lunar New Year campaign to encourage users to explore the possibilities available in the Metaverse.
