Japan Virtual Currency Exchange Association will be able to set rules to control the industry, it will also tighten requirements to tackle insider trading and money laundering. … [Read more...] about Japanese crypto exchanges are approved for self-regulation
Crypto news in brief (October 25, 2018): FISCO BCOS, Coinbase, USDC stablecoin, Alibaba, Bakkt, Royal Mint Gold, Japan
- The Financial Blockchain Shenzhen Consortium (FISCO) announced the launch of a coinless open-source blockchain platform - Coinbase has launched stablecoin USDC, backed one-to-one by U.S. dollar - Alibaba Cloud expanded its Blockchain as a Service (BaaS) offering outside of China - The UK Royal Mint has suspended its plan to launch gold-backed cryptourrency Royal Mint Gold … [Read more...] about Crypto news in brief (October 25, 2018): FISCO BCOS, Coinbase, USDC stablecoin, Alibaba, Bakkt, Royal Mint Gold, Japan
Blockchain boost as Japan eyes reform
Japan has announced it has formed a caucus to discuss regulatory changes for blockchain technology within the country. … [Read more...] about Blockchain boost as Japan eyes reform
Monex Group acquires cryptocurrency exchange Coincheck
Tokyo-based financial services company Monex Group announced that it would acquire 100% of shares in Japanese cryptocurrency exchange Coincheck valued at 3.6 billion yen (about $34 million). The deal is scheduled to be executed on April 16, 2018. … [Read more...] about Monex Group acquires cryptocurrency exchange Coincheck
Two minor Japanese cryptocurrency exchanges to shut down due to strict regulations
According to Nikkei, two Japanese exchanges are withdrawing their applications to register with Japan's Financial Services Agency (FSA) as cryptocurrency exchange operators. … [Read more...] about Two minor Japanese cryptocurrency exchanges to shut down due to strict regulations
Japan calls for joint cryptocurrency regulation to combat money laundering
Japanese authorities have emphasised the need for international laws governing digital money to decrease a risk of money laundering. … [Read more...] about Japan calls for joint cryptocurrency regulation to combat money laundering
Crypto news in brief (March 7, 2018): South Korea, Far Eastern Air, Ripple, MoneyTap
South Korean government officials are banned from trading or holding cryptocurrencies. Far Earstern Air will accept payments in cryptocurrencies. A consortium of Japanesse banks will release a blockchain-based payment application MoneyTap. … [Read more...] about Crypto news in brief (March 7, 2018): South Korea, Far Eastern Air, Ripple, MoneyTap
Japan increases vigilance after a massive cryptocurrency theft
Japanese authorities have cast a severe look at cryptocurrency exchanges after last week’s theft of $530 million from Coincheck. Japan’s financial regulator has announced it will take steps to inspect business practices of trading platforms to make sure they comply with proper security measures. … [Read more...] about Japan increases vigilance after a massive cryptocurrency theft