March 2, 2020 Japan’s self-regulatory body admits Coinbase as its latest member.

Coinbase, a major crypto asset exchange, has joined the Japan Virtual Currency Exchange Association (JVCEA) in a bid to expand into the world’s third-largest economy. The JVCEA is Japan’s self-regulatory body, tasked with governing Japan’s crypto asset industry. The exchange is now a second class member of the organization and hopes to leverage this position to gain an operating license from Japan’s Financial Services Agency (FSA) and open a subsidiary exchange in the near future.