Line, a Tokyo-based messaging giant, is building a platform for developing central bank digital currencies (CBDCs). It has been reported by the South Korean news agency the Chosun Ilbo that Line aims to support the development of a so-called “customized CBDC.” However, the messaging company is discussing the application of its blockchain-based CBDC platform with several central banks in major Asian countries. Japanese messaging company @Line_Global is reportedly working on a

LVC Corporation, the crypto subsidiary of messaging giant Line will launch trading of its proprietary cryptocurrency Link in Japan in April. On Jan. 30 according to a press release, LVC is developing a system meant for Link’s debut in Japan on its local cryptocurrency exchange BitMax. Line already began Link trading on its international BitBox cryptocurrency exchange in mid-October 2018. Due to stricter national cryptocurrency regulations in Japan, LVC had to wait to obtain a

Line, the Japanese messaging application, has entered into a final agreement with financial giant Nomura Holdings to form a blockchain alliance. Focus on blockchain technology On October 4, Line, together with Line Group company LVC Corporation and Nomura Holdings, announced that the three companies have signed the final capital alliance agreement, which is based on the collective intent to explore business opportunities in the blockchain industry. It has been previously repo

LINE, Japan’s most well-known messaging application impelled its new crypto exchanging stage Bitmax, subsequent to getting a cryptographic money business permit from the nation’s Financial Services Agency (FSA). Bitmax will be first offering crypto exchanging sets with Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and Ripple’s XRP, according to a public statement. It has been reported that Bitmax can be obtained from the Wallet tab on hold application, wh

Naver Corporation, the company behind LINE, a major messaging application headquartered in South Korea, declared that it will start offering crypto trading services through its messaging app. Naver’s LINE already has nearly 80 million users, while its payment service channel LINE Pay has 50 million users. The popularity of its platform will be leveraged to move into the crypto landscape, which has become progressively competitive over the years. It has been reported that acco

LINE, the messaging application has officially launched a cryptocurrency exchange service for its 80 million users based in Japan, days after the platform received final regulatory approval. The Shinjuku-based messaging provider, which is 73.36-percent owned by South Korea’s Naver, said in a statement on Tuesday that the new exchange, dubbed Bitmax, is now live with dealings of five crypto assets: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH) and Litecoin (L

LINE, the most popular messaging application of Japan, has recently been approved for a cryptocurrency business license in the country. It has been reported that it will be able to offer its crypto exchange services in Japan where it has 80 million monthly active users. According to the company, the new platform is to be called BitBox. The license was awarded by the Financial Services Agency of Japan, which designated on its website that the registration was completed on Sept