Bitcoin

Klaytn

<p>Japanese cryptocurrency exchange Zaif <a href="https://zaif.jp/sp/instant_exchange/klay" rel="noopener noreferrer nofollow">added</a> the KLAY token to its list of supported cryptocurrencies on August 16. Following in the footsteps of BITPoint Japan, which introduced KLAY trading in August 2022, Zaif has become the second trading platform in Japan to facilitate the trading of the KLAY token.</p><p>Zaif’s inclusion of KLAY presents traders with the opportunity to engage with the token using the Japanese yen and Bitcoin (BTC). With this addition, the total number of tokens hosted on Zaif’s platform has now reached 21, bolstering its diverse selection.</p><h2 id="header-0">KLAY’s path to Green List</h2><p>KLAY presently requires an additional listing on a Japanese cryptocurrency trading platform to fulfill the requirements for being included in the “Green List” of the Japan Virtual and Crypto Assets Exchange Association (JVCEA). Cryptocurrencies that have achieved green-listed status are exempt from undergoing individualized approval procedures across various exchanges. As stipulated by the JVCEA’s criteria for the Green List, a virtual asset must be featured on a minimum of three member exchanges and exhibit a trading track record of no less than six months on one of these select platforms.</p><p>As of August 8, the number of green-listed virtual assets is 25, including prominent cryptocurrencies such as BTC, Ether (ETH), and Bitcoin Cash (BCH).</p><h2 id="header-1">Zaif’s upcoming listing of MBX</h2><p>Along with this development, Zaif is reportedly <a href="https://medium.com/&#64;coinness.gl/netmarbles-marblex-secures-whitelist-approval-for-mbx-token-in-japan-c5a3937e4d73" rel="noopener noreferrer nofollow">engaged in</a> discussions with MARBLEX, a blockchain subsidiary belonging to South Korean gaming giant Netmarble. The aim of these talks is to list MBX, the native token of MARBLEX, on the Japanese exchange in October.</p><p>KLAY is the native token of the Klaytn blockchain, which was created by GroundX, a blockchain-focused arm of Kakao. Kakao is a South Korean tech giant recognized for its widely used messaging app, KakaoTalk. The company has also been expanding its presence in Japan through its subsidiary, Kakao Piccoma, which operates an online comics platform called Piccoma.</p>

Japanese Crypto Exchange Zaif Adds KLAY/JPY and KLAY/BTC Trading Pairs

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