Tag: Japan

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Japan’s FSA Aims to Regulate Custodial Cryptocurrency Wallet Providers

Regulating the cryptocurrency industry requires a multi-pronged approach. Japanese officials have shown an open mind toward introducing new guidelines. Their current plan is to...

Stolen Cryptocurrency from Zaif Hack Traced to Europe

Recent developments may point to the September 2018 Zaif cryptocurrency exchange platform hack originating in Europe. Japanese investigators say they recently uncovered German and...

Caps on Cryptocurrency Margin Trading First in Japan’s Regulatory Agenda

Japan’s Financial Services Agency is reportedly considering to curb margin trading for cryptocurrencies in order to reduce speculative trading and reduce volatility risks. A 4-to-1...

Japan to Allow Cryptocurrency Industry to Self-Regulate

The Financial Services Agency (FSA) of Japan has allowed for the cryptocurrency industry to regulate itself in a big legislative move today, October 24. JVCEA...

Coinbase Welcomes Stricter Cryptocurrency Laws in Japan

Coinbase says it isn’t worried by Japanese regulators working to strengthen the country’s cryptocurrency regulatory framework. The virtual currency exchange platform also believes that...

Japan-Based SBI Remit to Use Bitcoin for Remittances to Africa

In a big boost towards mass adoption of Bitcoin for remittances, the Japanese money transfer giant SBI Remit has enabled its nearly half a...

Zaif Crypto Exchange Hacked, $60 Million Stolen – and Nobody Noticed for Four Days

Japanese cryptocurrency exchange Zaif announced yesterday that approximately $60 million in cryptocurrencies had been stolen from its platform in an apparent hack. The breach, which...

Lukewarm Reception to Japanese City’s Attempt at Blockchain-based Voting

Tsukuba in Japan has proclaimed itself to be the country's first city to use a blockchain-based voting system, albeit to mixed reviews. The world is...

Japan’s Social Media Giant LINE Launches Own Crypto, Customers Unable to Use It Due to Licensing Snag

Japanese and U.S. users of the Line messaging app won't be able to use the platform's new cryptocurrency following the announcement last week. Licensing Requirements That's...

Japan’s FSA Imposes Additional Guidelines for New Cryptocurrency Exchanges

Japan is creating a positive regulatory ecosystem for cryptocurrency exchanges. Tightening the rules for new and existing firms is a big step forward. The...

Japan’s National Police Agency Develops Software to Track Crypto Transactions

Most cryptocurrencies are completely transparent by nature. This makes it easier to track money flows and identify users. Interpreting this information in a convenient...

Beleaguered Crypto Exchange LastRoots Gets Second Investment from SBI Holdings

Japan's leading financial giant SBI Holdings announced on Monday that it had made an investment in LastRoots cryptocurrency exchange. While the amount of the...