FSA licensed Japan’s Rakuten commences crypto exchange registrations before June launch

  • Japan's e-commerce giant getting ready to launch a licensed crypto exchange in June.
  • A Rakuten ID and associated bank account required for online registration.

The leading Japanese e-commerce giant has started to allow customers to sign for its impending crypto exchange services. Users are currently enrolling the Rakuten Wallet cryptocurrency exchange according to Cointelegraph Japan’s report on April 15.

Following the license from Japan’s Financial Services Agency (FSA) Rakuten is planning for the June launch. At the moment, individuals are allowed to register online. The requirements include a Rakuten ID and the associated bank account.

Rakuten took over the operations of Everybody’s Bitcoin platform in 2018. The firm worked on improving the platform leading to the acquisition of an operating license from the FSA in December of 2018.

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