Rakuten Accepts Registrations On New Crypto Exchange Against June Launch


Japanese biggest e-commerce platform, Rakuten, was earlier this month, reported to have plans of launching its own crypto exchange in July. However, ahead of its proposed July kick-off, Rakuten has begun to accept its first set of account registrations for the Rakuten wallet.

Rakuten Wallet, formerly “Everybody’s bitcoin” which the Japanese giant bought for around 265 million yen last year, fell short of the country’s regulatory standards and so had to undergo some processes.

Rakuten had an existing loyalty program (called super points) which they had plans of incorporating into the new platform.

At present, bonafide customers of the Rakuten bank and Rakuten members with valid ID can register on the platform in preparation for launch. However, it is still unclear when activities will be open to the public.

According to Rakuten, there’s an automatic customer service which makes use of Artificial intelligence to attend to customer’s inquiries and a Mobile App for the exchange platform is underway.

Author: Dare Shonubi

Dáre Shonubi is a certified cryptocurrency expert and Blockchain journalist with an extensive experience in blockchain project marketing, media engagement, community management and cryptocurrency market analysis and research. An avid blockchain enthusiast with a view to support the blockchain innovation to optimum adoption and immeasurable development. Dare holds a diploma in the study of blockchain and cryptocurrency.

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