The Japanese Virtual Currency Exchange Association’s (JVCEA) approval of the EOS Network enables the blockchain platform to further expand its potential to Japanese users, developers, and investors — adding enhanced accessibility and legitimacy to the forthcoming trading of EOS tokens against the Japanese yen on prestigious, regulated exchanges readied for mid-September. EOS’ compliance to Japan’s strict regulatory framework proves its commitment to what Founder and CEO, Yves La Rose, calls “security and transparency” — presuming solid foundations for possible flourishing in added capacity in the East Asian trading scene.
The positive statement has brought an immediate upswing, news of EOS pushing the token to more than 10% and peaking at $0.643, before settling back to its current rate of $0.629. Commended for its adhesion and upgraded technology, bolstered by noteworthy championships and commitment to stability, EOS further entrenches its status as a powerful international blockchain player.
