- Rakuten is a Japanese e-commerce giant and has millions of users.
- The Japanese Financial Service Authority (FSA), had recently granted Rakuten the license to operate as a cryptocurrency exchange.
Rakuten, often known as Japan’s Amazon, has launched the account registration services for their new wallet, Rakuten Wallet. This is a massive step towards adoption as it potentially opens up crypto buying opportunities for millions of its customers. The Japanese financial watchdog, Financial Service Authority (FSA), had recently granted Rakuten the license to operate as a cryptocurrency exchange.
As per their official statement:
“Customers who have a bank account of Rakuten Group’s “Rakuten Bank” can start opening an account by entering the necessary information on the Web application format. In addition, we have enhanced support for customers by introducing an automatic response chat service that employs AI technology that responds to customer inquiries 24 hours a day, 7 days a week. In addition, we plan to provide a smartphone app so that you can deposit and withdraw from the crypto asset trading account and trade in crypto assets (virtual currency) regardless of location.”
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