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Japanese financial provider Monex Group’s decision to acquire Coincheck at a relatively low price shows the company’s desire to enter the crypto sphere, regardless of the risk. #RECAP Go to Source Powered by WPeMatico
It is safe to say cryptocurrency is still incredibly popular in Japan as of right now. Given the country’s designation of this form of money as legal tender, it is only normal that we will see further growth in the years to come. That is, assuming there are sufficient software engineers to accommodate companies’ needs. Right now, … Read more
The Financial Services Authority of Japan has imposed penalties on three cryptocurrency exchanges following inspections of trading platforms in the country. Two of them have been ordered to suspend operations. Officials are not satisfied with the measures implemented to prevent money laundering and systemic risks. Also read: CEO of Korean Exchange Coinnest among Four … Read more
The half billion dollar Coincheck exchange hack is still working its way through the ecosystem, carrying implications of all sorts. Rarely mentioned is how, at least in part, the exchange’s problems were due to a lack of crypto engineers in Japan. A dearth of engineering know-how is a perfect recipe for security gaps to be … Read more
Omise, OmiseGO announce a Memorandum of Understanding with an affiliate of major South Korean bank Shinhan Financial Group #NEWS Go to Source Powered by WPeMatico
Monex’s Matsumoto reveals big plans for Coincheck at press conference. #NEWS Go to Source Powered by WPeMatico
After a series of on-site inspections in the wake of the Coincheck hack, Japanese financial regulator has suspended activities at two crypto exchanges, again. #NEWS Go to Source Powered by WPeMatico
The team behind the troubled Japanese cryptocurrency exchange Coincheck has decided to sell the company to one of the largest securities trading companies in the country. Monex will provide much needed capital but will decapitate the exchange and replace its head with a more trusted figure from among its own. Also Read: Japanese Police … Read more
At the Satoshi’s Vision Conference in Japan Bitcoin.com’s Jake Smith interviewed Jerry Chan the lead executive for SBI Group’s fintech arm ‘SBI Bits.’ Chan explains what SBI Bits is involved in and how it had embraced blockchain technology and cryptocurrency solutions. The firm has recently launched a mining pool that’s processing bitcoin cash blocks alongside … Read more
500 Japanese police agents join forces to tackle cybercrime and cryptotheft, with new building opened in Tokyo. #NEWS Go to Source Powered by WPeMatico
