RedotPay Acquires Japan’s BTCBOX Exchange for Compliant Local Services
Photo: TokenPost
RedotPay has acquired Japanese crypto exchange BTCBOX, giving the payments company a locally registered platform as it shifts its Japan business toward services that meet Japanese rules. The deal establishes BTCBOX as RedotPay’s channel for services that comply with local requirements. RedotPay said it does not hold a license to operate a crypto asset exchange in Japan and that its current services for Japanese residents do not meet those requirements. RedotPay has paused new sign-ups in Japan and removed its app from the country’s Apple and Google app stores.
Source: TokenPost
