THELOGICALINDIAN - Japans best accepted babble app with 168 actor alive account users Line could anon accommodate cryptocurrencies The aggregation is reportedly in talks with a cardinal of companies to accommodate cryptocurrencies into its adaptable acquittal account Line Pay
Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading
Line Could Soon Integrate Cryptocurrencies
The abettor of Japan’s best accepted messaging app, Line Corp, is reportedly alive to accommodate cryptocurrencies into its platform.
According to bodies accustomed with the matter, the Tokyo-based aggregation “is in discussions with assorted companies on application cryptocurrencies for acquittal casework including Line Pay,” abacus that:
Line Pay is the adaptable payments account acclimated in the babble app. Launched in 2014, it has active deals with over 30 banks beyond Japan to acquiesce burning affairs application its platform, according to Adaptable World Live. In May of aftermost year, Line Pay accomplished 30 actor users in Japan.
Line has a bazaar amount of ¥1.2 abundance (~USD$10.75 billion). The app currently has about 168 actor account alive users in its primary markets of Japan, Taiwan, Thailand, and Indonesia.
Speculation of a Collaboration with Kakao’s Upbit
Line has not called the companies it is in altercation with. However, there is “speculation that it was attractive to tie up with South Korean bitcoin barter Upbit,” according to a Bloomberg report. However, a adumbrative for Line beneath to animadversion on a abeyant accord with Upbit.
The South Korean barter is backed by Kakao Corporation, the abettor of the country’s best accepted babble app, Kakao Talk.
Since its launch in October, Upbit has rapidly acquired bazaar allotment in South Korea. In December of aftermost year, the belvedere claimed that its volumes exceeded those of Bithumb, South Korea’s better barter by volume. There are currently over 120 bill listed on Upbit, acknowledgment to a affiliation with the US-based exchange, Bittrex.
Makers of babble apps about the apple are starting to booty notice. Earlier this week, Facebook’s CEO Mark Zuckerberg said that cryptocurrencies and blockchain technology could potentially be acclimated on Facebook’s platform.
Do you anticipate Line will anon accommodate cryptocurrencies? Do you anticipate Kakao’s Upbit is the appropriate accomplice for Line? Let us apperceive in the comments area below.
Images address of Shutterstock, Line Corp, and Kakao Corp.
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