News On Japan

Cardano goes east after Japan’s BitPoint becomes first to list ADA

Aug 25 (ambcrypto.com) - Cardano has been trending for a couple of weeks now, and for good reason.

As the network continues to upgrade, ahead of the Alonzo mainnet hard fork next month, its native token ADA has seen an exponential rise in popularity. Additionally, there is a piece of good news for Japanese traders looking to add ADA to their crypto-wallets.

Earlier today, Japanese crypto-exchange Bitpoint became the first in the country to list the token. Cardano Co-founder Charles Hoskinson was quick to acknowledge this development, with the IOHK exec sharing a Haiku by Matsuo Basho.

Bitpoint had announced the decision to be the first Japanese exchange to list ADA earlier this month. The Tokyo-based platform is among the leading exchanges in the country, with affiliations in Hong Kong, South Korea, Taiwan, Malaysia, and Panama. In a recent video, Hoskinson had opined that exchanges like BitFlyer, another market leader, would soon follow suit since ADA is “a popular currency in the area.”

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