Thursday, 2 December 2021

Liquid acquires "Type 1 Financial Instruments Business" in Japan.

5 min read

Liquid Group Inc. is pleased to announce that our Japanese subsidiary, QUOINE Corporation, has been registered as a Type I Financial Instruments Business under the Financial Instruments and Exchange Act on October 26, 2021. 

Due to the completion of the Type 1 license registration, Liquid intends to expand its cryptocurrency derivative trading services for Japanese users under the Financial Instruments and Exchange Act guidelines.

"The Type 1 license issuance is the culmination of a great deal of preparation and collaboration by the entire Liquid team. It is also a validation that trading derivatives in crypto can be done in a compliant manner with full customer protections and transparency." - Seth Melamed, Chief Operating Officer.

Liquid is looking forward to bringing innovative, customer centric and compliant derivatives products to Japan that meet the needs of both retail and institutional market participants. We are focused on providing our customers with access to new crypto assets, products and services that are relevant to their demands.

As one of the first regulated exchanges in Japan in addition to being issued the Type 1 license, we deeply value compliance with laws and regulations to ensure that we continue to provide an environment where customers can trade cryptocurrencies safely and securely. We believe in the democratisation of financial services through the innovation and services of the blockchain ecosystem.

Re-disseminated by The Asian Banker from

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