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Japanese crypto exchanges may soon have an official self-regulatory body. The Japan Virtual Currency Exchange Association has applied with the country’s financial regulator to become the authority for self-regulation, with the power to enforce rules on its crypto exchange members. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Registering with FSA The Japan Virtual […]
The post Japanese Association Seeks Authority to Enforce Self-Regulation on Crypto Exchanges appeared first on Bitcoin News.
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Japan’s largest crypto exchange, Bitflyer, may freeze accounts caught manipulating prices. Meanwhile, GMO Internet has released quarterly earnings for its crypto exchange subsidiary, currently looking to borrow some BTC from customers. In addition, Coincheck plans to reopen next month after it was hacked earlier this year. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]
The post Bitflyer Cracks Down on Market Manipulation – Coincheck Eyes August Relaunch appeared first on Bitcoin News.
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Six government-approved cryptocurrency exchanges in Japan have submitted their business improvement plans to the country’s top financial regulator. While improving their internal systems, most have also engaged in different areas of business expansion. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Business Improvement Plans Submitted Six of Japan’s 16 government-approved cryptocurrency exchanges have […]
The post Japanese Crypto Exchanges Submit Business Improvement Plans appeared first on Bitcoin News.
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Seiko Noda, Japan’s Minister for Internal Affairs & Communications, and Minister in charge of Women’s Empowerment, was questioned by the Japanese press on Thursday over her involvement with an unregistered cryptocurrency exchange, which was allegedly violating the Japanese fund settlement law. Also read: Japan Tax Agency Says Individuals Earning $1,800+ in Crypto a Year Will Declare […]
The post Japanese Minister Denies Ties to Unregistered Crypto Exchange Under Investigation appeared first on Bitcoin News.
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The Japanese NTA (Tax Agency) has announced a new strategic policy put in place by July 15th to promote and improve the environment for people and companies to spontaneously declare their virtual currency income tax returns. Also read: Japan Contemplates Scrapping Its Progressive Crypto Tax Rate NTA to Devise Simplified and Automated Tax Return Filing Method […]
The post Japan Tax Agency Says Individuals Earning $1,800+ in Crypto a Year Will Declare Tax appeared first on Bitcoin News.
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One of South Korea’s largest cryptocurrency exchanges, Bithumb, is expanding into Japan and Thailand. The exchange is working on obtaining regulatory approval from the financial regulators of both countries. The new locations are part of the exchange’s global expansion plan. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Expanding into Thailand Bithumb is currently working […]
The post Major Korean Exchange Bithumb Expanding into Japan and Thailand appeared first on Bitcoin News.
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Canadian cryptocurrency exchange Coinsquare has announced its plan to enter the Japanese market pending approval by the country’s financial regulator. The new exchange will be launched under the Dlta21x brand. It will focus on Japan initially but has plans to expand into other Asian markets. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinsquare […]
The post Canadian Crypto Exchange Coinsquare to Launch in Japan appeared first on Bitcoin News.
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Japan’s top financial regulator has responded to media reports that it is considering overhauling the way cryptocurrency is regulated in the country. The authority has been under fire for the inadequacy of its crypto exchange registration process after it issued business improvement orders to a number of exchanges it previously approved. Also read: Yahoo! Japan Confirms […]
The post Japanese Regulator Responds to Reports of Overhauling Crypto Regulation appeared first on Bitcoin News.
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Bitflyer has been delaying deposits and withdrawals of virtual currency in the midst of ongoing KYC verifications. The company received business improvement orders from the Japanese financial watchdog in June as a result of insufficient measures against money laundering. Bitflyer reportedly has delayed resuming business as it is thoroughly verifying its clients’ identities. Bitflyer also […]
The post Withdrawals Delayed – Bitflyer Scanning for Yakuza Customers appeared first on Bitcoin News.
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