Bitflyer Increases Bitcoin Adoption with Record Number of Users

Bitflyer Increases Bitcoin Adoption with Record Number of UsersJapanese cryptocurrency exchange Bitflyer reported a 100% increase in the number of its users in just the past four months, as the company continues to grow crypto adoption in Japan by partnering with major stores. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bitflyer’s Customers Reach 2 Million Japan’s largest cryptocurrency exchange […]

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Markets Update: Trader Sentiment Optimistic But Signals Still Unclear

Markets Update: Trader Sentiment Optimistic But Signals Still UnclearCryptocurrency markets are bouncing around in value over the course of the weekend as the entire crypto-market capitalization currently rests at $329 billion USD. BTC/USD markets briefly jumped above the $9K region on Sunday, March 25 but dropped an hour later to a low of $8,398. Most of the digital currencies within the crypto-economy have […]

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16 Government-Approved Crypto Exchanges Forming Self-Regulatory Body in Japan

16 Government-Approved Crypto Exchanges Forming Self-Regulatory Body in Japan16 cryptocurrency exchanges that have been approved by the Japanese government are teaming up to form a self-regulatory group, following the hack of one of the country’s most popular exchanges. Besides these exchanges, there are 16 “quasi-operators” for cryptocurrencies as well as about 100 firms seeking to enter the market in Japan. Also read: Japan’s DMM […]

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Over 100 Firms Seek Licenses to Operate Cryptocurrency Exchanges in Japan

Over 100 Firms Seek Licenses to Operate Cryptocurrency Exchanges in JapanThere are over 100 companies reportedly waiting for the Japanese Financial Services Agency to approve their registrations to operate cryptocurrency exchanges. While only 16 exchanges are fully licensed in Japan, the agency has allowed another 16 to operate without a license for the time being. However, going forward, only those with sufficient safety and customer […]

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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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Japanese Crypto Associations Merging to Restore Trust Across the Industry

Japanese Crypto Associations Merging to Restore Trust Across the IndustryJapan’s two cryptocurrency associations have reportedly decided to merge in order to restore trust in the industry and accelerate self-imposed rules. Once approved by the Japanese financial regulator, the new organization will have the power to set penalties for breaches of self-regulation. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Two Crypto […]

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Japan Cracks Down on Foreign ICO Agency Operating Without License

Japan Cracks Down on Overseas ICO Agency Operating Without a LicenseThe Japanese financial regulator will be issuing its first warning since the legalization of cryptocurrencies as a method of payment in Japan. An overseas initial coin offering agency has reportedly been attracting Japanese investors without a license, repeatedly ignoring the agency’s advice to cease operating in the country. Also read: Japan’s DMM Bitcoin Exchange Opens for […]

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NY Regulator Demands Vigilance Against Market Manipulation from Bitlicense Firms

NY Regulator Demands Vigilance Against Market Manipulation from Bitlicense FirmsAccusations, rumors and fears of manipulation in the cryptocurrency market have been around for a long while now. The most recent one involves Tether supposedly artificially propping up the price of bitcoin by printing USDT. Now one regulator demands that companies in its jurisdiction will take action against such possible risks. Also Read: Weiss Ratings […]

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Japanese Financial Authority Inspecting 32 Cryptocurrency Exchanges

Japanese Financial Authority Inspecting 32 Cryptocurrency ExchangesThe Japanese Financial Services Agency has announced that it is inspecting all 32 cryptocurrency exchanges in Japan. This includes 16 exchanges that have not obtained a license but are currently under review by the agency and those that are already fully licensed. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies 16 Exchanges […]

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