28 Jun '18, 4pm

Line Defies Cryptocurrency Bears to Open Exchange in Singapore

The company, which established Line Financial Corp. in January, has also applied for a license to open a cryptocurrency exchange in Japan. The messenger has been offering Line Pay smartphone wallet service since 2014 and has attracted more than 40 million registered users worldwide. Line is investing 30 billion yen ($272 million) in fintech and AI operations this fiscal year and plans to expand its services to include lending and insurance.

Full article: https://www.bloomberg.com/news/articles/2018-06-28/line-d...

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