Line Considers Adding Bitcoin and Ether as Payment Option in Japan
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Japanese mobile messenger LINE now allows its users to use the LINK crypto as a payment option at some online merchants for a trial period from March 16 to December 26, 2022, in Japan. The company said in a press release users could spend LINK at LINE Pay online merchants like LINE Points.

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Moreover, LINE says it also plans to consider adding other cryptocurrencies such as bitcoin (EXANTE: Bitcoin) and ether (ETH) as payment options and "strengthening partnerships with blockchain businesses." However, the company did not specify the timing.

Japan to Set Banking Requirements for Crypto Companies

Line received approval from Financial Services Agency (FSA) to operate as a cryptocurrency exchange in 2019. As part of an agreement, the BitMAX trading platform allowed 80 million Line users in Japan to buy and sell cryptocurrencies such as bitcoin, ether, bitcoin cash (BCH), litecoin (LTC) and others.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

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