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The EOS Network Foundation has received whitelist approval from the Japanese regulator . Its token EOS has gained 4% amid the news. Initially, the EOS token will start trading on the cryptocurrency exchange BitTrade in September. Later, the token will be traded against the Japanese yen on different regulated exchanges nationwide. The #ENF is delighted to announce a significant development in #EOS’ journey towards widespread adoption. The $EOS token has been granted whitelist approval by the Japan Virtual and Crypto Asset Exchange Association (JVCEA). Read more https://t.co/06vqVmbF2U pic.twitter.com/MfNxjsWc90 — EOS Network Foundation (@EOSnFoundation) August 30, 2023 Following the news, EOS token has gained 3.7% in 24 hours, according to CoinMarketCap. Its market cap surged 4.5% to $688 million. EOS price | Source: CoinMarketCap The Japan Virtual and Crypto Asset Exchange Association (JVCEA) is a self-regulated entity composed of crypto exchanges in Japan. The organiza...

Despite stepping down as CEO for three years, Yuzu continued to have a significant influence on the company being the firm’s largest stakeholder. Yuzo Kano, the co-founder of Japan-based cryptocurrency exchange bitFlyer, is seeking to reinstate himself as CEO in a shareholders meeting next month, in an apparent bid to reinvigorate what he claims is a stagnating firm.  Kano resigned in 2019 following a series of management disputes but is now determined to reinvigorate the crypto firm and lead it toward an Initial Public Offering (IPO) in the coming months, according to a Feb. 26 report by Bloomberg. The former CEO also said he also wants to put Japan back on the map in the world of cryptocurrency. “I will make it capable of fighting on the international stage,” the bitFlyer co-founder said in a recent interview. Kano shared the Bloomberg post on Feb. 27 to his 111,500 Twitter followers. Source: Twitter. According to the interview, if reinstate d, he intends on introducing stablecoins ...