Crypto Crunch: Line Launches Cryptocurrency Exchange for Japanese Users

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WhatsApp’s competitor LINE that boasts of a massive userbase in the South East Asian region (in particular Japan), has launched its own cryptocurrency exchange for its user base in Japan, days after the platform received final regulatory approval.

LINE said in a statement on Tuesday that the new exchange, dubbed Bitmax, is now live with the trading of five crypto assets: Bitcoin (BTC), Ethereum (ETH), ripple (XRP), bitcoin cash (BCH) and Litecoin (LTC). How users, regulators, exchanges & other messaging apps respond to this massive development is still to be seen.

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