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Japan’s top financial regulator has issued hacked crypto exchange Zaif a third business improvement order. The exchange has revised its theft estimate, after discovering that 42,327 BCH were also stolen in addition to 5,966 BTC. Zaif has also signed agreements with two companies for their help with repaying customers and improving its security system. Also … Read more
The blockchain technology has recently gained a great popularity and there are unlikely people who haven’t heard about Bitcoin and cryptocurrencies. The more coins enter the market, the more trading opportunities should be provided. In this case, crypto exchanges come into play. CoinMarketCap has over 200 trading platforms in its rating list. In fact, there … Read more
Following the hack of Zaif, one of Japan’s regulated crypto exchanges, the country’s financial regulator immediately responded, launching an emergency inspection of the exchange and a survey of all other crypto exchanges. Finance Minister Taro Aso has also commented on the situation. In addition, the recently established self-regulatory body has asked all exchanges to inspect … Read more
Japan’s financial regulator has recently unveiled the current state of the crypto regulations in the country. Three crypto operators are currently being reviewed. With 160 companies wanting to enter the space, the regulator plans to add more personnel to help review new applicants. In addition, a self-regulatory plan for crypto exchanges has also been submitted … Read more
Crypto exchange Huobi is entering the Japanese market by acquiring a majority stake in one of the 16 government-approved crypto exchanges in the country. The company says it plans to “aggressively scale this trading platform into the largest in Japan,” with an eye on global expansion in the future. Also read: 160 Crypto Exchanges Seek to … Read more
A Tokyo Stock Exchange-listed company has built a cryptocurrency settlement platform for real estate transactions. The firm has tested the platform using BTC and smart contracts for property sales and has released its findings; many benefits were observed over the traditional method. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals BTC and … Read more
Japan’s financial regulator has reportedly introduced new screening requirements for crypto exchanges seeking approval to operate in the country. The agency now extends its focus beyond the registrants’ financial health and system safety measures. Among additional criteria are the assessment of the companies’ decision-making process and their links to antisocial groups. Also read: 160 Crypto Exchanges Seek … Read more
The Japanese National Police Agency is reportedly installing a system to track the flow of crypto transactions in order to aid investigations of cryptocurrency-related cybercrime. The system is expected to be limited to major cryptocurrencies, according to local media. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Tracking Crypto Transactions Japan’s National Police Agency … Read more
Japan’s top financial regulator has revealed exclusively to news.Bitcoin.com the number of crypto exchanges seeking to enter the Japanese market. The agency also confirms the number of existing exchanges that have exited the industry, leaving only three applications currently being reviewed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Three Quasi-Operators Are Left Cryptocurrency … Read more
Japan’s top financial regulator says it does not intend to excessively curb the crypto industry. Licensed Japanese crypto exchange Quoine is launching a new platform with “enhanced price matching and deeper liquidity.” Meanwhile, a new association has been established for crypto practitioners. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Quoine Launches New Platform … Read more
