Cryptocurrency exchange FTX began operating in the country to serve Japanese investors.
The world’s second largest cryptocurrency exchange by trading volume, FTX continues to expand compared to other exchanges affected by the bear market.
FTX has announced that it has launched a new exchange in the country to serve Japanese investors. The exchange also announced that it supports the Japanese yen for fast deposits and withdrawals.
Sam Bankman Fried said that Japan is an almost $1 trillion crypto market, adding:
“We look forward to further revolutionizing the Japanese digital asset ecosystem through FTX Japan”
Earlier this week, FTX US was in talks with Goldman Sachs on derivatives integration.
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