TECH GIANT LINE IS LAUNCHING ITS CRYPTO ASSET FOR ITS 700 MILLION USERS IN JAPAN
Kenny Stevens – Cryptocurrency Enthusiast
The tech giant, Line, has set large goals for 2020. The services provided in Japan through Line, has notably made it the biggest messenger platform in the country, according to The Daily Hodl. Users can use the app to send messages, videos, audios, and images very conveniently, reportedly with unique features. After creating a huge social messaging ecosystem, Line is looking to jump into crypto with the introduction of its own crypto named LINK (LN).
Link is said to be available soon as a reward system that gives back to users. Line hopes with the added value of easy-to-use apps, participation of the platform and new system will grow. This will be helpful in trading within the Japanese market. All users will be able to participate simply to earn LINK (LN) tokens on their mobile apps.
The Japan Virtual Currency Exchange Association (JVCEA) is the official, self-regulatory body authorised by Japan’s Financial Services Agency (FSA). Line is aiming to initiate its crypto with the rules set by JVCEA. It will help LINK (LN) in the crypto industry, with anti-money laundering policies, security protocols and transparency. This will help people that are buying and selling cryptocurrency, as well as potentially introducing it to new people. While the exact date of launch for the cryptocurrency is yet to be announced, millions of users are desperately waiting for LINK.