First ICO to be approved by Japan’s Financial Service Authority

BitOcean’s ICO is going to be the first ICO that is going to be approved by Japan’s Financial Service Authority.

BitOcean, a Beijing based company, which sells a special two-way ATM, which allows users to Buy and Sell crypto-currency from a physical ATM. This allows users to exchange their Cryptocurrencies into Fiat Currency in real-time.

Japan recently gave permission to BitOcean to operate from Japan. BitOcean is considered one of the biggest exchanges in the world, due to it’s unique kind of exchange.

After losing the title of “Bitcoin hub”, due Mt Gox hack ( the biggest exchange in the world at one time) which caused Mt. Gox to file for Bankruptcy, Japan hopes to become a leader in Crypto-trading once again. And BitOcean could be the opportunity that Japan had been hoping for.

BitOcean’s Token would be written on top of VeChain’s Thor. Read about the exclusive deal between VeChain and BitOcean.

Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.