Japanese Exchange Coincheck Eyes America for Expansion

Japanese Exchange Coincheck Eyes America for Expansion         Coincheck, the Japanese crypto trading platform that found new owners after it was hacked earlier this year, is now planning to offer services on the US market. The exchange expects to be licensed in Japan next month, according to the chief executive of Monex, the online brokerage which bought the troubled company last month.     […]

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Coincheck Resumes Monero Withdrawals and Sales

Coincheck Resumes Monero Withdrawals and SalesJapanese exchange Coincheck has announced partial resumption of operations with Monero. Its clients will be able to withdraw and sell XMR, but purchases are still unavailable. All previous requests for transactions have been canceled and users will have to initiate new transfers. They will be required to confirm the destination address, and state the purpose […]

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All Cryptocurrency Exchanges in Japan Must Comply With Five New Criteria

All Cryptocurrency Exchanges in Japan Must Comply with Five New CriteriaThe Japanese financial regulator has imposed five new criteria for all cryptocurrency exchanges operating in the country. These rules apply to existing exchange operators as well as new ones applying for registration for the first time. On-site inspections will be conducted on all exchanges prior to approval. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

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One of Japan’s Biggest Financial Companies Is Launching a Cryptocurrency Exchange

japan icoNasdaq, Goldman Sachs, J.P. Morgan, and Morgan Stanley have hinted at plans to launch and operate cryptocurrency exchanges in 2018. SBI Group, one of Japan’s largest financial companies, has finalized its plan to launch a cryptocurrency exchange in the summer. The Number One Exchange According to Business Insider Japan, SBI Holdings president and SBI Group CEO Kitao Yoshitaka has said that he is certain SBI Group will be able to evolve its cryptocurrency exchange into Japan’s leading digital currency trading platform and dominate the market. A rough translation of Yoshitaka’s statement read: When we do it, it will be number one

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Japanese Regulator Pressures Exchanges to Drop Privacy Coins

Japanese Regulator Pressures Exchanges to Drop Privacy CoinsJapan’s Financial Services Agency, tasked with monitoring the country’s cryptocurrency exchanges, has quietly been pressuring platforms to delist privacy coins. Coincheck has already done so in the wake of the $400 million NEM hack. If fellow exchanges follow suit, it could signal the beginning of the end for privacy coins such as zcash and monero […]

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Japan’s SBI Unveils New Plans to Start an Exchange for Major Cryptocurrencies

Japan's SBI Unveils New Plans to Start Exchange For Major CryptocurrenciesJapan’s SBI Holdings has reportedly unveiled new plans for its cryptocurrency exchange. The company has set a target launch date and is preparing to list major cryptocurrencies. The group’s CEO expects the new exchange to “be number one in the blink of an eye.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Revised Launch […]

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Coincheck Recorded Profit Despite the Hack While Victims Hit with Taxes

Coincheck Recorded Profit Despite the Hack While Victims Hit With TaxesJapanese exchange Coincheck is still profitable after suffering one of the biggest hacks in cryptocurrency history. The exchange recorded an estimated writedown of 47.3 billion yen (~US$432.56 million) for the funds used to compensate customers. Victims, however, were slapped with tax bills. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space A Writedown for Coincheck […]

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