LINE’s Bitfront exchange is reportedly shutting down its Korean language service as of September 14, as well as halting all payment support for Korean credit cards by the same date.
Japanese messaging giant LINE has shut down its BitBox exchange and rolled out BITFRONT, its new global crypto exchange which will be based in the U.S.
XRP is set to be delisted at midnight on the January 16, which will see all of its crypto pairs removed.
The week has had everything, from raising millions of dollars in funding, to regulators cracking down on fraudulent projects to adoption by major brands. Oh, and Libra sunk into more problems which led to its backers backing out.
Under the partnership, the two companies will develop blockchain-based products and services for the financial services industry.
Japan’s messaging and internet company Line has launched Bitmax, its cryptocurrency exchange for the Japanese market.
Japan’s most popular messaging app hopes to flatten the relationship between users and service providers.
The regulatory clearance would pave the way for Line to launch its BitMax crypto exchange platform.
Line Pay is getting ready for the future with more blockchain integration, this time with a Visa payment option.
LVC Corporation, Line and Nomura Holdings Inc. have executed a memorandum of understanding, which will see the firms forming a “financial business alliance” to focus on developing blockchain technology.
Line currently sees over 168 million users monthly and is expected to leverage its customer numbers in launching its proposed cryptocurrency exchange.
