Cardano (ADA) Receives Approval To Be Listed In Japan

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,168,133,378,941	SHA-256d

Name

Symbol

Market

Market Cap ($)

Algorithm

Bitcoin

BTCUSD

Crypto

1,168,133,378,941

SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	452.70	0.77%	59,573.90	59,573.90	59,573.91

Price Change

Price Change %

Current Price

Bid Price

Offer

452.70

0.77%

59,573.90

59,573.91

High Price	Low Price	Open Price	Prev. Close	52 Week Range
60,016.90	58,821.05	59,076.58	59,121.20	24,750.00 - 73,835.57

High Price

Low Price

Open Price

Prev. Close

52 Week Range

60,016.90

58,821.05

59,076.58

59,121.20

24,750.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	06:25:17	0.005075	59,573.90	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

06:25:17

0.005075

59,573.90

USD

Price x Volume	Volume	Base Symbol	Related Pairs
144,482,505.54	2,426.84	BTC	BTCEUR	BTCGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

144,482,505.54

2,426.84

Cardano (ADA) Receives Approval To Be Listed In Japan

05/08/2021 6:00pm

NEWSBTC

Cardano (ADA) has recently secured another win in its long repertoire of wins lately. The native coin of Cardano, ADA, has now been approved to be listed in Japan, which features one of the hardest listing requirements in the world. Only a handful of coins have been able to receive approval to be listed on exchanges in Japan, and ADA just became one of them. Japan has always been crypto-friendly right from the beginning. But that does not mean they have lax laws when it comes to cryptocurrencies. The coins that are listed on exchanges in Japan are carefully screened to make sure that they are good projects for its citizens. This means ADA getting approved makes the coin even more valuable now. Related Reading | Cardano (ADA) Launches Crypto Charity Platform With Rwanda-Based NGO Sebastien Guillemot, CTO and Co-Founder of dcSpark made the announcement on his Twitter profile, outlining that Japan has extremely strict rules for getting listed on crypto exchanges. 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 A Very Important Listing Listings like these do not happen all the time. Cardano (ADA) now joins the likes of Bitcoin, Ethereum, and Litecoin to be amongst coins allowed to be traded on Japanese exchanges. The importance of this listing cannot be overemphasized in the growth of Cardano (ADA) going forward. Guillemot went on to add another tweet that compared the approval in Japan to the listing of the digital asset on Coinbase back in March for the Japanese crypto community. Because while the listing on Coinbase was big news for the rest of the market, Japanese users were still mostly cut off from it. Owing to the strict regulations around cryptocurrencies in the country. Related Reading | Cardano (ADA) Launches Connector For DApps Integration Although the Cardano ICO had taken place mostly in Japan back in 2015, the asset never got listed on any Japanese exchange, until now. This opens access to Cardano (ADA) to a wider customer base who were previously cut off from the market. The listing will allow investors in Japan to finally buy into Cardano (ADA) using exchanges in their own country. Cardano (ADA) Price Reaction The news of the listing has not provided any significant boost to the price of Cardano (ADA) so far. Coin price continues to trend around $1.35, not showing much improvement over the last 24 hours following news of the listing breaking. ADA price remains sluggish | Source: ADAUSD on TradingView.com ADA price remains low momentum despite the market showing continuous bullish trends over the past week. Posting small recoveries, only to dip back down and continue slow movement as time passes. The price of the digital asset is currently trading at $1.357, with a 0.47% gain and a $43.6 billion market cap.

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