Shiba Inu Joins Japan's Elite Crypto List After Four-Year Freeze Ends

Japan's Financial Services Agency has finally lifted its four-year freeze on new cryptocurrency licenses, approving Shiba Inu (SHIB) as one of six eligible cryptocurrencies.

This milestone places SHIB alongside major coins like Bitcoin and Ethereum, marking a significant shift from its earlier status as a meme token to a regulated financial instrument.

The approval came through Laser Digital Japan, a new institutional-focused crypto platform backed by Nomura, which will provide liquidity and trading access to corporations and funds.