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Japan's Crypto Exchange Coincheck(CNCK) Live on NASDAQ!

Author: Content Editor
Monex Group has announced that its subsidiary, Coincheck Group, will be listed on Nasdaq in the United States. This move is expected to enhance Coincheck's credibility and solidify its position in the cryptocurrency industry. Following the listing, Monex Group will retain around 80% of Coincheck Group's shares, with a market valuation of approximately $1.6 billion. The listing is significant as it may encourage other crypto exchanges and businesses to seek listings on global platforms. This aligns with the vision of President-elect Donald Trump and the potential nomination of Paul Atkins as SEC Chair, which could create a more favorable regulatory environment for cryptocurrencies in the US. Other countries, such as Dubai and Singapore, are also seen as crypto industry havens, but the US's evolving strategy could intensify global competition. The UK has also announced plans to introduce a comprehensive regulatory framework for crypto businesses, recognizing the growing importance of the US in the industry.

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