EOS Network gains ground in Japan; EOS surges despite market troubles

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EOS holders could enjoy the new found happiness as the altcoin gained regulatory approval in Japan. The update also translated to some bullish sentiment around the altcoin.

“This landmark approval ushers in new prospects for EOS in the Japanese market, fostering stronger connections with discerning businesses and developers seeking robust blockchain solutions.”

The EOS CEO noted that Japan represented opportunities for growth, especially in the blockchain and gaming industries. Japan happens to be one of the leading countries in terms of technology. The development highlights the growingThe announcement represented good news for EOS holders. This was because the approval may pave the way for a sentiment change in favor of more demand for the cryptocurrency. Investor sentiment has been up and down in the last two weeks.

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