Japan’s DMM Exiting Cryptocurrency Mining Business

Japan's DMM Exiting Cryptocurrency Mining BusinessJapanese e-commerce giant DMM.com is reportedly exiting its cryptocurrency mining business due to “deteriorating profitability,” local media reported. This news follows an announcement by another major Japanese company, GMO Internet, that it will no longer manufacture and sell mining machines, citing similar reasons. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations […]

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Japanese Crypto Exchanges Tap Star Power for Marketing Arms Race

Japanese Crypto Exchanges Tap Star Power for Marketing Arms RaceJapanese cryptocurrency exchanges have been very active in advertising their services. Several exchanges including Bitflyer, DMM Bitcoin, Tech Bureau’s Zaif and the hacked exchange Coincheck have been tapping into star power and launching TV commercials with original music. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Japanese Exchanges’ TV Commercials Japanese cryptocurrency exchanges have […]

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Japan’s DMM Launches Large-Scale Domestic Cryptocurrency Mining Farm and Showroom

Japan's DMM Launches Large-Scale Domestic Mining Farm and ShowroomJapanese entertainment giant DMM has launched its “large-scale Japan-quality” mining farm, with a plan to deploy more farms overseas. DMM is also launching a showroom, allowing the public to tour its mining farm, as well as a mining pool. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies DMM’s Mining Farm in Japan […]

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Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

Japan's DMM Bitcoin Exchange Opens for Business With 7 CryptocurrenciesJapanese e-commerce and entertainment giant DMM Group has launched its crypto exchange, supporting 7 cryptocurrencies and 14 trading pairs. The group is also preparing to launch another crypto exchange in the Spring aimed at inexperienced investors. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading DMM’s Crypto Exchange Launched […]

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Japanese Entertainment Giant DMM Launches Specialty Crypto Mining Lab

Japanese Entertainment Giant DMM Sets Up Specialty Cryptocurrency Mining LabJapanese e-commerce and internet conglomerate DMM Group is creating a specialty lab for cryptocurrency mining. The company has also unveiled additional plans for its mining operations. Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details DMM Launching Mining Lab DMM Group, the operator of popular e-commerce site DMM.com with 27 million members, announced on […]

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Japanese Entertainment Giant DMM Unveils Details of Crypto Exchange to Launch Next Month

Japanese Entertainment Giant DMM Unveils Details of Crypto Exchange to Launch Next MonthJapanese entertainment conglomerate DMM Group, the operator of popular e-commerce site DMM.com with 27 million members, is preparing to launch a cryptocurrency exchange. 7 cryptocurrencies, 14 trading pairs, and margin trading will be offered. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions DMM’s Crypto Exchange Opening January Japanese e-commerce […]

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Japanese Investors Increasingly Switching From Traditional FX Trading to Bitcoin

Japanese Investors Increasingly Switching From Traditional FX Trading to BitcoinA growing number of Japanese retail investors are switching from leveraged FX trading to leveraged cryptocurrency trading, thus driving the crypto market, according to a recent Deutsche Bank’s research. Operators of Japan’s largest FX platforms are launching their own crypto exchanges, offering leverage of up to 25x. Also read: South Korea Clarifies Position After Reports of […]

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