Facing difficult situations in its early years, altcoin project EOS Network snatched the ticket to get listed on Japanese stock exchanges. The project has received official approval from the country’s cryptocurrency supervisory authority, JVCEA. The whitelisted altcoin can now be listed on the country’s local exchanges.
Yves La Rose, CEO of the EOS Network Foundation, spoke to the crypto press after the decision. La Rose noted that getting approval from the JVCEA has been quite difficult. Project CEO believes they have accomplished a great job because of this.
“What we received from the regulator will open up new opportunities in the Japanese market. We will strengthen connections with businesses and developers seeking innovative blockchain solutions, especially in the gaming industry.”
Last month, EOS Network set aside $20 million for new projects on the blockchain network.
Following the news, the native altcoin unit of the blockchain project was on the rise. EOS is currently trading at $0.637. The cryptocurrency has gained more than 9% in the last 24 hours.
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