This calendar week'south headlines from Japan included GMO Coin reporting record transaction volume from February, BitFlyer surpassing two.5 million users, Tokai Tokyo Securities joining the Japan STO Association, and SBI FX seeking margin trading licensing.

Cheque out some of this calendar week's crypto and blockchain headlines, originally reported by Cointelegraph Japan.

GMO coins exchange posts tape high numbers

GMO Coin exchange, a subsidiary of GMO Financial Holdings, reported that February yielded all-time high transaction numbers after the substitution added 4x margin trading to its platform.

GMO's transactions from sales offices, exchange trading, and digital nugget FX totalled approximately $7.5 billion in February 2022. The exchange also tallied more than than 300,000 customers past January'due south end.

BitFlyer hits tape loftier customer count

Tokyo-based exchange BitFlyer said it has amassed more than 2.5 meg customers across Japan, the U.S. and Europe. No other exchange is reportedly licensed in all 3 countries.

BitFlyer's co-founder and CEO Yuzo Kano said:

"'One team, 1 dream' for all grouping employees to comply with compliance every bit the world's only virtual currency commutation approved every bit a virtual currency substitution visitor in the three regions of the United States and Europe and to provide customers with peace of mind. I will take on the challenge boldly. "

Japan's STO motion gains a member

Tokai Tokyo Securities has jumped on board the Nihon STO Association — a group positioning itself as a self-regulating organisation (SRO in the security token offer (STO) sector.

The Nihon STO Association now touts ix participating businesses, including SBI Securities, Daiwa Securities, Monex, Rakuten, and five others.

Tokai Tokyo Fiscal Holdings, the visitor that owns Tokai Tokyo Securities, has shown interest in the digital securities move, buying into a digitized security token exchange chosen iSTOX.

SBI FX plans for margin trading

SBI Group'southward girl company, SBI FX, started its journeying toward a margin trading launch on its exchange, seeking licensing equally a broker-dealer.

Reporting suggested the substitution will offering 2x leverage, pending the mentioned regulatory approval. SBI did not specify a engagement expectation for the product's launch, or the trading pairs involved.