Authorities across the world are either opening their doors to crypto or shutting them. Exchanges want to keep up with this fast-paced ecosystem and seek out favorable nations and markets. Japan is a known haven for crypto and Tokyo exchange BitFlyer has recently obtained approval to operate in Europe.
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Japanese e-commerce and entertainment giant DMM Group has launched its crypto exchange, supporting 7 cryptocurrencies and 14 trading pairs. The group is also preparing to launch another crypto exchange in the Spring aimed at inexperienced investors.