How Rakuten’s Latest Bitcoin Effort Could Help the Markets

Japan has long been a hotbed for crypto adoption. Not only is the pseudonym of Bitcoin’s creator, Satoshi Nakamoto, Japanese, but some of the largest cryptocurrency companies have called the Asian country their home over the past decade. That’s not to mention that Japan is a technologically advanced society ready to adopt innovation.

It should come as no surprise then that some of the country’s biggest firms are embracing Bitcoin, finding ways to make cryptocurrencies a mainstream trend.

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Rakuten Continues to Embrace Bitcoin

According to a recent press release published by Rakuten Group — a Japanese e-commerce and electronics giant serving millions of customers in Asia’s second-largest economy — has launched a service that will allow users to convert “Rakuten Super Points from Rakuten Group’s loyalty points program to crypto assets.” Cryptocurrencies supported…