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 <p class="is-style-lead">The EOS Network Foundation has received whitelist <a rel="dofollow" title="approval" href="https://thebittimes.com/tag/approval.html">approval</a> from the Japanese <a rel="dofollow" title="regulator" href="https://thebittimes.com/tag/regulator.html">regulator</a>. Its token EOS has gained 4% amid the news.</p> 
 <p>Initially, the EOS token will start trading on the cryptocurrency exchange BitTrade in September.</p> 
 <p>Later, the token will be traded against the Japanese yen on different regulated exchanges nationwide.</p> 
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    <p lang="en" dir="ltr">The #ENF is delighted to announce a significant development in #EOS’ journey towards widespread adoption.<br><br>The $EOS token has been granted whitelist <a rel="dofollow" title="approval" href="https://thebittimes.com/tag/approval.html">approval</a> by the Japan Virtual and Crypto Asset Exchange Association (JVCEA).<br><br><br><br>Read more https://t.co/06vqVmbF2U pic.twitter.com/MfNxjsWc90</p>— EOS Network Foundation (@EOSnFoundation) August 30, 2023
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 <p>Following the news, EOS token has gained 3.7% in 24 hours, according to CoinMarketCap. Its market cap surged 4.5% to $688 million.</p> 
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  <img decoding="async" width="1424" height="792" src="https://cdn.thebittimes.com/images/2023/08/30/1a2d84b3671f0fd60777a5976b152dec.webp" alt="EOS gains 4% amid regulatory approval in Japan - 1" class="wp-image-14189767">
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   EOS price | Source: CoinMarketCap
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 <p>The Japan Virtual and Crypto Asset Exchange Association (JVCEA) is a self-regulated entity composed of crypto exchanges in Japan. The organization aims to protect investors in the crypto industry.</p> 
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 <p>The EOS Network Foundation (ENF) was founded by Yves La Rose, who serves as the CEO of the foundation. The ENF raised 6.5 million EOS (equivalent to approximately $21 million) directly from the community after severing ties with Block.One, a popular blockchain solution.</p> 
 <p>The EOS mainnet was officially launched in June 2018 and has emerged as a strong competitor to the Ethereum blockchain. While the project has seen significant development and evolution, it has also faced challenges that prompted the development team to reassess the project.</p> 
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  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> EOS Foundation suing Block.one for $1 billion commitment breach 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/eos-gains-4-amid-regulatory-approval-in-japan-tbt60966.html">https://thebittimes.com/eos-gains-4-amid-regulatory-approval-in-japan-tbt60966.html</a></p>

EOS gains 4% amid regulatory approval in Japan

TheBitTimes

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