Tag: Japan

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Japanese Financial Group Set to Build Its Own Form of Crypto

Mizuho Financial Group in Japan is allegedly planning to release its own form of crypto in 2019. The coin will be paired with the...

Cryptocurrency Still a Minute Portion of Money Laundering Crimes, Says Police in Japan

Law enforcement in Japan says cryptocurrency money laundering constitutes only a minor portion of the total cases of money laundering in the country. This...

Coincheck Reinstates XRP and FCT Trading as Normal Services Resume

Coincheck recently reinstated two cryptocurrencies – XRP and FCT – to its platform. With this announcement, the Japanese cryptocurrency exchange is now back to...

Eight Arrested in Japan on Suspicion of Running Multi-Million Dollar Crypto Pyramid Scheme

Japan is the latest country to be hit with a cryptocurrency pyramid scheme. This one spans across 44 prefectures in the country, involves approximately 6,000...

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...