Coinbase Wants to Pounce on Another Cryptocurrency Paradise: Japan

The San Francisco-based company doesn’t have a significant presence in Asia

Coinbase Inc., the operator of the largest U.S. cryptocurrency exchange, is setting up shop in Japan, where much of the world’s bitcoin trading takes place.

The San Francisco-based company named Nao Kitazawa, a former Morgan Stanley banker turned fintech executive, as its new Japan CEO. Coinbase said it is working with Japanese regulators to ensure it complies with local laws. It didn’t offer a time frame for when it expects to commence operations.

...