Messaging App Line Receives Crypto Exchange license

The Japan based messaging app Line will be able to offer its crypto exchange services in Japan. Here, it has 80 million monthly active users. According to the company, the new platform is BitBox. On the 6th, the FSA granted a license for virtual currency exchange to LVC. This is a virtual currency business at a LINE subsidiary. However, it is not clear what kind of service LVC will offer in Japan. According to the FSA data, the are five currencies available. Namely: BTC (Bitcoin), ETH (Etherium), BCH (Bitcoin Cash), LTC (Lightcoin), and XRP (Ripple). 

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