The world’s third largest digital asset – Cardano (ADA) – has overcome stringent regulatory hurdles to finally launch on BitPoint in Japan.

After a week of pushing all-time highs, Charles Hoskinson’s brainchild has announced the listing of ADA following months of box-ticking for Tokyo’s strict crypto licensing regime.

The cryptocurrency will launch for Japanese customers on the country’s most popular exchange BitPoint.

By meeting Japan’s tight rules the project, Cardano has unlocked a special status – appearing for the time to being regulator-proof.

Japan’s tight crypto rules

Japan’s cryptocurrency and digital asset licencing regime comes as part of wider stringent financial controls aimed at protecting Japanese investors from financial volatility, scams, and mis-selling.

Tokyo’s regulatory agency – the FSA – has established a dedicated crypto section, as well as a panel of financial experts to help the government oversee digital…

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