Quinn Crypto Exchange Company Liquid.com, which operates its headquarters in Japan and has offices in Singapore and Vietnam, announced today that its Japanese subsidiary Quoine Corporation has been registered as a Class I financial instrument company under the Financial Instruments and Transaction Law.
As a result of the completion of category 1 license registration, Liquid intends to expand its cryptocurrency derivatives trading services for Japanese users in accordance with the guidelines of the Financial Instruments and Transaction Law.
“The issuance of the Type 1 license is the culmination of the extensive preparation and collaboration of the entire Liquid team. This also verifies that cryptocurrency derivatives transactions can be conducted in a compliant manner with comprehensive customer protection and transparency. We look forward to bringing it to Japan. Innovative, customer-centric and compliant derivative products to meet the needs of retail and institutional market participants. We focus on providing customers with new crypto assets, products and services related to their needs. As one of them Japan’s first regulated exchange In addition to obtaining a Type 1 license, we attach great importance to complying with laws and regulations to ensure that we continue to provide an environment in which customers can trade cryptocurrencies safely and reliably. “
– Seth Melamed, Chief Operating Officer, Quoine