Regulatory Hurdles Prevent Japanese Customers From Using LINE’s New Cryptocurrency

Line Corporation, the Japanese subsidiary of South Korean internet giant Naver Corporation, announced last Friday that they will be issuing their own cryptocurrency this September. It now appears, however, that Japanese and US based customers will not be able to use the new cryptocurrency due to licensing requirements.
The upcoming cryptocurrency – called LINK – will not be issued through an ICO, but will rather be a reward for users that use certain features on the Line messaging ap