Japan is one of the first countries to embrace crypto and one of the largest markets by crypto trading volumes globally
Coinbase has officially announced its launch in Japan following its partnership with Mitsubishi UFJ Financial Group — one of the largest banks in Japan serving 40 million Japanese customers.
Their collaboration is expected to help millions of people in Japan access the Coinbase platform quickly. This way, they will be able to trade on the exchange by offering MUFG Quick Deposit for all customers in Japan from day one.
Besides, Coinbase is committed to increasing the use of crypto in Japan by bringing its product offering to Japanese customers. It will be launching retail products first including a suite of 5 top assets based on trading volume, and will add more assets and products in the coming months.
The company also plans to introduce more localized versions of globally popular services such as advanced trading, Coinbase for Institutions, etc in the future.
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