Can XRP Reclaim the Throne in Japan? BitBank Analyzes the Latest Data

Cointelegraph

Published Jun 20, 2020 11:00AM ET

Updated Jun 20, 2020 12:40PM ET

Japanese crypto investors have been known for their passionate support of XRP. Indeed, at one point in Japan, XRP was more popular than Bitcoin. Yet, the official data from the Japan Virtual and Crypto Assets Exchange Association, or JVCEA, the self-regulatory organization approved by the Financial Services Agency, or FSA, shows that XRP is losing its charm in Japan.

We already saw the "XRP army" shrink in the English speaking region. As XRP's price stagnation continues, the same thing is happening in the Japanese market.

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