With a purpose to set up and function XPOS in Japan, we have now been working intently with the Monetary Providers Company (FAS) and adjust to rules for a very long time. Japan has established strict necessities for crypto companies.
For this, we have now arrange a authorized entity in Japan and performed common reporting to FAS. This may proceed sooner or later to make sure higher compliance. In the meantime, allow us to share with you some thrilling actions.
At Comedian Market 96 on Aug 12, the world’s largest comedian on-the-spot sale occasion with the variety of guests at round 730,000, held in Japan, we have now made the primary XPOS crypto transaction. By means of the collaboration with the exhibition sales space, we put in XPOS and confirmed that the primary XPOS cost was made in Japan. It was a small buy of round $10, however it’s a massive step for the undertaking.
We anticipate to take this expertise again into the FSA course of to proceed with future developments step-by-step.
Up subsequent, we’re planning to formally exhibit at “AkiColle” in Tokyo on September 22, 2019. We will likely be promoting items related to the occasions at our sales space and help customers with XPASS registration that’s compliant with FSA rules.
We’ll announce extra particulars concerning the occasion, please keep tuned.
About Comedian Market
The primary occasion was held in 1975 with 700 individuals, and now it has grown to turn into the world’s largest fan conference with over 500,000 folks collaborating every time. Comiket, a grassroots DIY occasion targeted on self-publishing gross sales, is a non-profit volunteer administration occasion run by the Comedian Market Preparatory Committee (ComiketPC).
For extra info: https://www.comiket.co.jp/