Enjin Coin Becomes First Gaming Cryptocurrency Whitelisted for Use in Japan

Enjin Coin Becomes First Gaming Cryptocurrency Whitelisted for Use in Japan

ENJ has been given the official nod by the Japan Virtual Currency Exchange Association, a self-regulatory body.


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Enjin coin became the first gaming cryptocurrency approved in Japan after clearing out the well-known tough country regulator’s requirements. The green light is possible through a partnership with Hashport. ENJ Is Set to Be Listed in Coincheck on January 26 According to the announcement, enjin coin (ENJ) was granted legal status by the Japan Virtual Currency Exchange Association (JVCEA), the country’s official crypto watchdog. The blockchain gaming platform said its token would be listed on Coincheck on January 26, 2021, allowing Japanese users to purchase it with Yen and trade....

Enjin Coin surges 71% after becoming first regulatory approved gaming token i...

The asset recently received the blessing of the Japanese Virtual Currency Exchange Association. On Jan 19, Blockchain-based Enjin Coin (ENJ) became the first gaming cryptocurrency to be legally authorized for trade by the Japanese Virtual Currency Exchange Association (JVCEA).This coincided with a sudden 71% increase to the coin’s dollar value which occurred within just 9 hours, and saw the ENJ coin price jump from $0.236340, up to a 3-year high of $0.406356. ENJ/USD. Source: CoinMarketCap.com“Enjin Coin has been approved by the JVCEA and will be listed on Coincheck exchange, making it the....

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Cryptocurrency whales are now investing heavily on Enjin Coin. Cryptocurrency whale tracker WhaleStats reports a total of 28,551,132 ENJ coins are in the whales’ possession. Given that one token is now trading at a market price of $0.4141, this amounts to $11.8 million. In tandem with the whale frenzy on ENJ coin, the Enjin development team has also launched a beta version of their native wallet. More investors will get behind the idea and the coin if these trends continue. JUST IN: $ENJ @enjin now on top 10 by trading volume among 500 biggest #ETH whales in the last 24hrs 🐳 Peep the....