Japanese Exchange Coincheck Eyes America for Expansion

Coincheck, the Japanese crypto trading platform that found new owners after it was hacked earlier this year, is now planning to offer services on the US market. The exchange expects to be licensed in Japan next month, according to the chief executive of Monex, the online brokerage which bought the troubled company last month.     … Read more

Saxo Investment Bank is Bullish on Crypto Over Next 3 Months

Influential investment bank Saxo released the 35 page, Q2 2018 Quarterly Outlook. In it, the bank’s newly hired Crypto Analyst, Jacob Pouncey, noted the perils of this year’s first financial quarter with regard to digital assets. Taking into account several factors, he believes the next three months could be a breakout time for digital assets, holding … Read more

Mt Gox CEO Mark Karpeles Lands New Job — CTO for Cryptocurrency Firm

The infamous former CEO of the now defunct bitcoin exchange Mt Gox, Mark Karpeles, is trying to start over with a clean slate in life. Karpeles has revealed to the media that he’s started a new C-level position as the Chief Technology Officer (CTO) for a firm called London Trust Media. The technology company invests … Read more

74 Beauty Clinics in Japan Now Accept Payments in BTC

This week the Japanese cryptocurrency exchange and payment processor, Bitflyer, announced its partnership with SBC Medical Group the parent company of the popular Shonan Beauty Clinic. The union between both firms means that 74 clinics nationwide will allow patients to settle their bills in cryptocurrency. Also read: Markets Update: BTC Price Jumps Over $1000 in Less … Read more

Two Crypto Exchanges Suspended by Japan’s Financial Regulator

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

Coincheck Accepts Monex Acquisition Bid Which Will Inject It With Billions of Yens

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

SBI Bits Jerry Chan Discusses the Lightning Network and Colored Coins

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

Ken Shishido Wants Everybody to Use the ‘Cash’ Denomination for Fractions of BCH

Just recently at the Satoshi’s Vision Conference in Japan the co-founder of the Tokyo Bitcoin Cash Meetup, Ken Shishido, discussed how he has been promoting BCH adoption in the country. Further, Shishido has been promoting a new BCH branding idea within the community by calling smaller fractions of BCH ‘Cash’ instead of ‘Bits’ and so … Read more

Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange Accounts

During the height of the cryptocurrency trading mania, when major exchanges closed their doors to new clients in an effort to cope, it was not uncommon to see people offering big amounts to buy existing accounts. The following case should serve as a warning to anyone considering selling accounts, as you can never know what … Read more

“I don’t want this” says Mt Gox CEO Mark Karpeles in Surprise ‘Ask-Me-Anything’

On April 4, 2018, the notorious former CEO of the now defunct bitcoin exchange Mt Gox started an Ask-Me-Anything (AMA) post on the Reddit forum /r/bitcoin. Mark Karpeles (AKA Magical Tux) explained that he’s willing to answer questions concerning the controversial bankruptcy process that’s taking place in Japan within the Tokyo court system. Karpeles writes … Read more