Japan’s 16 registered exchanges have come together to create a new self-regulatory body, operations to begin in April #NEWS
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Japan’s 16 registered exchanges have come together to create a new self-regulatory body, operations to begin in April #NEWS
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16 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 […]
The post 16 Government-Approved Crypto Exchanges Forming Self-Regulatory Body in Japan appeared first on Bitcoin News.
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Some of the Coincheck hack’s NEM have been traced to crypto exchanges in Vancouver, Japan. #NEWS
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In the time it takes you to read this sentence, $850 will have been lost to cryptocurrency scams. In the time it takes to complete this article, that figure will have risen to $17,000. Phishing; fraud; theft; hacking; it’s all rife. In the first two months of 2018, there were 22 separate scams involving thefts […]
The post $9 Million a Day Is Lost in Cryptocurrency Scams appeared first on Bitcoin News.
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132 crypto investors file lawsuit together against Coincheck, seeking damages after hack. #NEWS
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There 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 […]
The post Over 100 Firms Seek Licenses to Operate Cryptocurrency Exchanges in Japan appeared first on Bitcoin News.
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This week local Japanese news outlets report that the exchange Coincheck, who suffered from a $530Mn USD loss of the cryptocurrency NEM, is facing a class action lawsuit. Reports detail that 132 Coincheck customers have banded together asking for a refund of 228 million yen ($2Mn). Also read: Digital Currency Group Welcomes Bitcoin-Friendly Bank to the […]
The post 132 Customers File Class Action Lawsuit Against Coincheck appeared first on Bitcoin News.
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Japanese cryptocurrency exchange Coincheck is reportedly considering a capital tie-up in order to regain the trust of crypto investors, following a recent hack where 58 billion yen worth of cryptocurrency was lost. As multiple victim groups are preparing to sue the exchange, the Tokyo police is also stepping up its investigations. Also read: Indians Look to […]
The post Hacked Japanese Exchange Considers Capital Tie-Up to Regain Public Trust appeared first on Bitcoin News.
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Just recently Japanese investigators revealed they had obtained 669 reports concerning “suspected money laundering” tied to cryptocurrency transactions and domestic digital currency trading platforms. The linked data was derived from investigations spurred by the recent transaction reporting statutes licensed exchanges are required to follow. Also read: Bitcoin Is Finding Its Way into High Schools Japanese Police […]
The post Japanese Police Reveal 669 Money Laundering Cases Tied to Local Exchanges appeared first on Bitcoin News.
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Japanese crypto exchange accidentally gave away $20 trln in Bitcoin during 18 minute-long ‘glitch’ on Friday #NEWS
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