Coinbase Inc., the operator of the largest U.S. cryptocurrency exchange, is setting up shop in Japan, where much of the world’s bitcoin trading takes place. The San Francisco-based company named Nao Kitazawa, a former Morgan Stanley banker turned fintech executive, as its new Japan CEO.

Coinbase said it is working with Japanese regulators to ensure it complies with local laws. It didn’t offer a time frame for when it expects to commence operations. Read more from wsj.com…

thumbnail courtesy of wsj.com