The development shows potential for many foreign exchanges to pull or limit services within the country ahead of tougher regulations.
LINE reportedly said it has several "major" Asian nations in discussions over using the CBDC platform.
The makers of Japan's popular messaging app LINE is launching a crypto lending service through its BITMAX exchange.
Messaging giant LINE has launched a blockchain platform where developers can issue tokens and run decentralized applications, and a wallet that helps users manage digital assets.
The blockchain subsidiary of the messaging app giant has made its LINK (LN) token available to Japan-based traders for the first time.
The messaging app firm launched a new U.S.-based crypto exchange, Bitfront, last week, offering traders dollar-to-crypto trading pairs.
Japanese app provider LINE Pay Corporation has inked a deal with Visa to create new fintech services for their retail and merchant customers.
LINE has announced another move into the cryptocurrency space with the launch of a $10 million token venture fund.
Japanese messaging app provider Line Corporation has announced the launch of a new company that will provide in-app cryptocurrency services.