A major Japanese bitcoin exchange is looking to enter the Russian cryptocurrency market and is seeking a local partner. The exchange’s CEO says “demand is huge” and urges Russia to look at Japan as a model for cryptocurrency regulations.
Japanese Exchange Eying Russian Market
Quoine, which operates the cryptocurrency exchange Quoinex, is looking to enter the Russian crypto market, CEO Mike Kayamori told Russian news outlet Ria Novosti in an interview at the company’s headquarters in Tokyo this week. The exchange currently supports BTC, BCH, and ETH. At the end of September this year, the company became one of the first of eleven in Japan to receive approval by the Financial Services Agency (FSA).
“The volume of our transactions last month amounted to 7-8 billion dollars in one month,” Kayamori revealed, adding that his exchange is actively looking for opportunities in Russia. He said: […]