Cardano native asset, ADA, is set to be listed for the first time in Japan, some believe this is similar to the Coinbase listing for the Japanese community.
CTO and co-founder of dcSpark, Sebastien Guillemot, shared a post from the Japanese crypto exchange Bitpoint.
The platform has announced that it plans to list Cardano (ADA) later in August.
Guillemot emphasized that Japanese regulators have strict rules for listing cryptocurrencies on exchanges and only a small number of coins can be listed in the country.
In the comment thread, he compared this listing to a coin listed on Coinbase and claimed that this event was on par with the Japanese crypto community.
Cardano was finally listed in Japan! 🇯🇵 $ADA
Japan has extremely strict rules for crypto exchange listings.
Only a small number of tokens can be listed in Japan, and ADA is now on that list! 🎉🎉 https://t.co/n2oxPHKa36
— Sebastien Guillemot (@SebastienGllmt) August 3, 2021
Read official announcement of Bitpoint exchange: