Japan Adds Shiba Inu to Green List, Catalysts for Price Breakout

Shiba Inu (SHIB) has been making waves in Japan's crypto scene after being added to the Virtual and Crypto Assets Exchange Association's 'Green List'.

The Green List designation is a significant milestone for SHIB, as it lowers the compliance burden for regulated Japanese exchanges that want to list the token, expanding its addressable market overnight.

Rakuten Wallet, one of Japan's most recognizable financial brands, has already added SHIB and enabled yen-based trading. Mercari, Japan's largest consumer marketplace, followed suit by integrating both SHIB and DOGE directly into its app.