- Bitpoint exchange is planning to list Cardano (ADA) in Japan in late August.
- This will be the first time that ADA is listing on Bitpoint exchange.
According to a tweet from dcSpark Co-Founder Sebastien Guillemot, Japan-based exchange Bitpoint is gearing up to list Cardano (ADA) in late August. Notably, if this happens, Bitpoint will be the first-ever crypto exchange listing ADA in Japan.
Cardano was finally listed in Japan! 🇯🇵 $ADA
Japan has extremely strict rules for crypto exchange listings.
Only a small number of tokens can be listed in Japan, and ADA is now on that list! 🎉🎉 https://t.co/n2oxPHKa36
— Sebastien Guillemot (@SebastienGllmt) August 3, 2021
Apart from this, Guillemot further stressed that Japan has stricter regulations towards exchanges when it comes to crypto listing. Also, he even mentioned that the rules only permit a small number of coins to get listed on exchanges in the country.
Nonetheless, despite the extremely harsh regulations governing crypto exchanges in Japan, ADA has still won a listing favor from Bitpoint exchange.
Meanwhile, the Bitpoint listing of Cardano indicates that ADA is extremely gaining momentum. In addition, Guillemot again compared the upcoming ADA listing to that of the Coinbase listing of the Japanese community.
Here, he claimed that the incoming Bitpoint-ADA listing has the same level as that of the Japanese crypto community. In reply to Guillemot’s tweet, the Twitter crypto community responded happily.
Many people said that Bitpoint’s decision to list Cardano is a great move and it will help put Japan on a good profile. Continuously, others also commented that they can’t wait to see ADA trading on the Bitpoint exchange.