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Enjin Coin Receives Regulatory Approval In Japan And Gains 75% In Price

Anna Martynova

Enjin Coin (ENJ) became the first gaming cryptocurrency to receive regulatory approval from the Japanese Virtual Currency Exchange Association (JVCEA). ENJ prices are up over 75% in less than 24 hours to hit the $0.45 mark.

According to the official announcement, from January 26, Enjin Coin will become the first gaming token listed on Coincheck, and one of 15 digital currencies, among Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and others. ENJ can be bought with JPY and traded with BTC.

Enjin Coin now has a market cap of over $340 mln. Over the past 3 days, ENJ has grown by almost 120%.

Image: Medium

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