Since the amended Payment Services Act came into effect on 1st April 2017 in Japan, QUOINE has worked closely with the Big Four audit and accounting companies, developing comprehensive AML countermeasures, internal audit, management systems, as well as communicating with the JFSA and Kanto Financial Bureau. In addition, QUOINE has also received a comprehensive review from one of the Big Four companies as part of the licensing process.
“As the first global crypto fintech company to be fully licensed with the JFSA, we will keep on working hand in hand with regulators and other stakeholders towards the healthy development of the cryptocurrency industry within Japan and on a global scale,” said Mike Kayamori, CEO and Co-founder of QUOINE. “Protection of customers’ assets is of the highest priority to us. With our JFSA license, this is a positive market signal that we are here to build a trusted exchange, with proper compliance measures in place to prevent security breaches and provide more asset protection for our customers.”
To mark the success of QUOINE‘s licensing by the JFSA, QUOINE will launch a Zero Transaction Fee Campaign for all QUOINEX customers. Customers can now enjoy zero trading fees in spot and margin trading for all BTC, ETH and BCH pairs by logging onto https://quoinex.com. For more information, please see https://quoine.zendesk.com/hc/en-us/articles/115013065688
ABOUT THE COMPANY
QUOINE is a leading global fintech company that provides trading, exchange, and next generation financial services powered by blockchain technology. With offices in Japan, Singapore and Vietnam, QUOINE combines a strong network of local partners with extensive team experience in banking and financial products to deliver best in class financial services for its customers. More information is available at www.quoine.com
In 2014, QUOINE launched Quoine Exchange, now known as QUOINEX, which became one of the largest bitcoin exchanges in the world by transaction volume. QUOINE offers powerful trading features, a sophisticated user dashboard, and secure regulatory compliance to individual and corporate customers. QUOINEX provides trading services for bitcoin and fiat currency pairs in Japanese yen, US dollar, Euro, HK dollar, Indonesian rupiah, Singapore dollar, Philippine peso, Indian rupee, Australian dollar, and Chinese Renminbi. QUOINEX has exceeded USD12 billion in transactions in the past two years. More information can be found at www.quoinex.com
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