The Japanese Financial Services Agency made an announcement that four more cryptocurrency exchanges are now approved to legally operate in Japan. Previously, only 11 cryptoexchanges exchanges were reported to have received FSA approval.
The new cryptoexchanges that were approved are Tokyo Bitcoin Exchange Co. Ltd, Bit Arg Exchange Tokyo Co. Ltd, FTT Corporation, and Xtheta Corporation.
Only the digital currencies handled by the approved exchanges correspond to the definition under the fund settlement law.
Japanese Financial Services Agency
As it was stated in the announcement, Bitcoin trading was approved only for three of the four companies, while Xtheta Corporation has been approved to trade additional cryptocurrencies like Ethereum, Bitcoin Cash, Ripple, Litecoin, Ethereum Classic, NEM, Monacoin, and Counterparty tokens (XCP).