LBN
  • Home
  • News
    • Altcoin News
    • Bitcoin News
    • Exchange News
    • Dogecoin News
    • Litecoin News
  • Charts
    • BTCUSD Chart
    • LTCUSD Chart
    • ETHUSD Chart
    • ETCUSD Chart
    • XMRUSD Chart
    • DASHUSD Chart
  • Education
    • Bitcoin Glossary
    • How to Trade Bitcoin
    • Why Use Bitcoin?
    • Bitcoin Wallet
    • How to Buy Bitcoin
    • How Can I Mine Bitcoin?
    • How Can I Buy Litecoin?
    • How Can I Mine Litecoin?
    • Current Bitcoin Regulation
  • Press Releases
    • View All Press Releases
    • Submit a Press Release
  • Advertise
No Result
View All Result
LBN
  • Home
  • News
    • Altcoin News
    • Bitcoin News
    • Exchange News
    • Dogecoin News
    • Litecoin News
  • Charts
    • BTCUSD Chart
    • LTCUSD Chart
    • ETHUSD Chart
    • ETCUSD Chart
    • XMRUSD Chart
    • DASHUSD Chart
  • Education
    • Bitcoin Glossary
    • How to Trade Bitcoin
    • Why Use Bitcoin?
    • Bitcoin Wallet
    • How to Buy Bitcoin
    • How Can I Mine Bitcoin?
    • How Can I Buy Litecoin?
    • How Can I Mine Litecoin?
    • Current Bitcoin Regulation
  • Press Releases
    • View All Press Releases
    • Submit a Press Release
  • Advertise
No Result
View All Result
LBN
No Result
View All Result
japanese, bitlicense
Bitcoin News

FISCO to Start a Crypto-Exchange in Japan

by Gautham
March 18, 2016
in Bitcoin News
Share
logo

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000

Sign up

The cryptocurrency industry has received a new boost since the Japanese government decided to adopt the new draft law which includes bitcoin and other cryptocurrencies to the list of legal tenders. The draft law has changed the status of bitcoin from being a commodity to currency.

Since Japanese government started considering bitcoin as a legal tender, the use of bitcoin in the country has surged. A number of shops and businesses have started using bitcoin. This newly attained legal status will allow banks and financial institutions to start accepting bitcoin. At the same time, introduction of new bitcoin regulations is expected in Japan.

In an announcement, FISCO – a real time financial information platform catering to the investment sector has made its intentions to start a cryptocurrency exchange public. The company will be operating the new cryptocurrency exchange under the name of FISCO COIN. The company will be offering exchange services to not only bitcoin but other cryptocurrencies as well. In addition to exchange services, FISCO COIN intends to create and manage financial derivative instruments based on digital currency.

Some of the other services outlined by FISCO COIN includes bitcoin technology based crowdfunding and bond issuing services for both individual customers and businesses. The law, still a draft is expected to receive positive votes in the Japanese parliament. Once a majority is reached, the draft law introduced by the Finance Ministry will be implemented.

In anticipation of a positive outcome, the bitcoin trading activity has reached an all-time high on Japanese trading exchanges. One of the leading cryptocurrency exchange- Zaif has already reported record trade volumes earlier this month, soon after the introduction of a new draft law. On March 8 alone, Zaif has reported a bitcoin trading volume of 18000 bitcoins.

New cryptocurrency exchanges will soon start cropping up in the country, creating a healthy competitive environment in the bitcoin sphere. Ultimately, people of Japan will have ready access to bitcoin at attractive prices.

Related Posts

Two Victims of Crypto Scams Lose More Than $30K
Bitcoin News

U.K. Woman Named “Lisa” Loses Tons of Money to Crypto Scammers

A woman in Somerset in the U.K. has fallen victim to a scam after investing in BTC. The scam...

by Nick Marinoff
October 1, 2023
Bitcoin Suisse Sees Big Things Happening for Crypto Soon
Bitcoin News

Nicholas Taleb: BTC’s Volume Has Fallen, and It Will Be Easy to Manipulate

Nassim Nicholas Taleb – the author of “Back Swan” and one of the world’s biggest crypto skeptics – commented...

by Nick Marinoff
September 30, 2023
Blockchain Network Artela Garners More Than $6 Million in New Funds
Bitcoin News

BTC Company Azteco Garners $6 Million in New Funds

Bitcoin provider Azteco recently garnered as much as $6 million through a new funding round led by Jack Dorsey,...

by Nick Marinoff
September 30, 2023
Matrix Port Implies Another BTC Bull Run is Coming
Bitcoin News

Matrix Port Implies Another BTC Bull Run is Coming

Crypto firm Matrix Port has stated that it’s Bitcoin Greed & Fear Index is up, suggesting another bull run...

by Nick Marinoff
September 29, 2023

Top Casinos

Crypto Casinos
Crypto Casinos
Bonus Finder
Bonus Finder

Press Releases

  • Tether Uplifts Crypto World with 750M USDT Swap from Tron to Ethereum

  • 1xBit Rockets into the Future: Welcoming Algorand and Arbitrum as Novel Deposit Methods!

  • Ibiza NXT 2023 – Heading toward a purpose-driven Web3 innovation journey

  • Alaya: The Pioneer of Artificial Intelligence Data

  • Zeebu Secures $25 Million in Presale Funding for World’s First On-chain Invoice Settlement...

About us:

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. We cover BTC news related to bitcoin…

Follow us:

  • This field is for validation purposes and should be left unchanged.

  • About
  • Partners
  • PR
  • Advertising
  • Privacy
  • T&C
  • Contact
  • Trading Software
  • Online Casinos Germany

© 2023 Live Bitcoin News. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Altcoin News
    • Bitcoin News
    • Exchange News
    • Dogecoin News
    • Litecoin News
  • Charts
    • BTCUSD Chart
    • LTCUSD Chart
    • ETHUSD Chart
    • ETCUSD Chart
    • XMRUSD Chart
    • DASHUSD Chart
  • Education
    • Bitcoin Glossary
    • How to Trade Bitcoin
    • Why Use Bitcoin?
    • Bitcoin Wallet
    • How to Buy Bitcoin
    • How Can I Mine Bitcoin?
    • How Can I Buy Litecoin?
    • How Can I Mine Litecoin?
    • Current Bitcoin Regulation
  • Press Releases
    • View All Press Releases
    • Submit a Press Release
  • Advertise

© 2023 Live Bitcoin News. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.
Go to mobile version