NEW CRYPTO TRADING PLATFORM FROM RAKUTEN – RAKUTEN WALLET

Japan’s largest e-commerce platform has announced its official crypto exchange. With 3 coin listings, users can now include cryptocurrency trading amongst the diversity of solutions Rakuten offers to its customers worldwide.

In an official press release, the Japanese corporation announced the launch of Rakuten Wallet – the official crypto asset exchange operator, a subsidiary of Rakuten Group.

Rakuten Wallet separates deposits by customers (customer assets) from the company’s funds and manages the assets in the so-called “trust maintenance accounts” to ensure secure crypto asset transaction services.

The three starting cryptocurrencies, listed on Rakuten Wallet, are Bitcoin (BTC), Ether (ETH) and Bitcoin Cash (BCH).

Existing Rakuten Bank customers can open up a Wallet by providing the required information in an online application form.

Japan’s cryptocurrency ecosystem is on the verge of a breakthrough.

Japan has been nurturing its cryptocurrency ecosystem. In July Tokyo announced their wish to create a similar to SWIFT crypto-based analog as a result of subsequently approved move by the G7.

Monex Group, another online broker which bought Coincheck, announced they are interested in joining Facebook’s Libra currency network.