Indian Officials Visit Regulators in Japan, UK, Switzerland to Study Crypto

Indian Officials Visit Regulators in Japan, UK, Switzerland to Study CryptoThe Securities and Exchange Board of India has sent officials to Japan, the UK, and Switzerland to study cryptocurrency and initial coin offerings from each of the three countries’ financial regulators. The securities watchdog aims to engage with international regulators and gain a deeper understanding of their crypto mechanisms and systems in order to improve […]

The post Indian Officials Visit Regulators in Japan, UK, Switzerland to Study Crypto appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Japan National Police To Employ A Cryptocurrency Tracking System

Japan’s National Police Agency (NPA) intends to introduce tracking software for cryptocurrency transactions as it strives to curb the use of cryptos in illegal transactions, a local media outlet recently reported. The software was necessitated by increased instances of crypto use in illicit transactions in what has become one of Bitcoin’s largest markets globally. According […]

Go to Source

Powered by WPeMatico

Japan Introduces New Screening Requirements for Crypto Exchanges

Japan Introduces New Screening Requirements for Crypto ExchangesJapan’s financial regulator has reportedly introduced new screening requirements for crypto exchanges seeking approval to operate in the country. The agency now extends its focus beyond the registrants’ financial health and system safety measures. Among additional criteria are the assessment of the companies’ decision-making process and their links to antisocial groups. Also read: 160 Crypto Exchanges Seek […]

The post Japan Introduces New Screening Requirements for Crypto Exchanges appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Rakuten Acquires Crypto Exchange to Fast-Track Into the Japanese Market

Rakuten Acquires Crypto Exchange to Fast-Track Into the Japanese MarketJapanese mega e-commerce and internet company Rakuten Inc. is entering the crypto space. Instead of submitting a new application to the country’s financial regulator, Rakuten is acquiring an existing crypto exchange to fast-track into the Japanese crypto market. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Rakuten to Operate Crypto Exchange Rakuten Inc. announced […]

The post Rakuten Acquires Crypto Exchange to Fast-Track Into the Japanese Market appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals

160 Crypto Exchanges Seek to Enter Japanese Market, Regulator RevealsJapan’s top financial regulator has revealed exclusively to news.Bitcoin.com the number of crypto exchanges seeking to enter the Japanese market. The agency also confirms the number of existing exchanges that have exited the industry, leaving only three applications currently being reviewed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Three Quasi-Operators Are Left Cryptocurrency […]

The post 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Japan Roundup: No Excessive Crypto Regulation, Quoine Launches New Platform

Japan Roundup: No Excessive Crypto Regulation, Quoine Launches New PlatformJapan’s top financial regulator says it does not intend to excessively curb the crypto industry. Licensed Japanese crypto exchange Quoine is launching a new platform with “enhanced price matching and deeper liquidity.” Meanwhile, a new association has been established for crypto practitioners. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Quoine Launches New Platform […]

The post Japan Roundup: No Excessive Crypto Regulation, Quoine Launches New Platform appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Amateur Crypto Investors Caused the Burst, Japanese Expert Says

Amateur Crypto Investors Caused the Burst, Japanese Expert SaysStrengthening regulations will increase crypto investors’ protection, and the amateur speculation bubble will end, says Masayuki Tashiro, representative director of Fiscalo Digital Asset Group and market analyst, who handles a crypto business in Japan. The real value of cryptocurrency will be questioned after we leave the bubble, the expert says. Also read: Japanese Association Seeks Authority […]

The post Amateur Crypto Investors Caused the Burst, Japanese Expert Says appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Firm Behind Japanese Cryptocurrency ‘Spindle’ to Relocate to London Amid Investigation

The Japanese cryptocurrency Spindle, known for being promoted by the Japanese popular singer, actor and talent Gakuto Oshiro (45), aka GACKT, has announced it’s withdrawing from Tokyo to relocate its headquarters in London, amidst rumors that the Tokyo Metropolitan Police is investigating unregistered sales of cryptocurrencies made by the company. Also read: J-Pop Star GACKT Caught […]

The post Firm Behind Japanese Cryptocurrency ‘Spindle’ to Relocate to London Amid Investigation appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Japan Unveils Results of On-Site Inspections of 23 Crypto Exchanges

Japan Unveils Results of On-Site Inspections of 23 Crypto ExchangesThe Japanese financial regulator has finished the on-site inspections of 23 cryptocurrency exchanges. The agency found many problems and has released a report outlining them. The regulator will use the findings to tighten its review procedures of new crypto exchange applicants, including over 100 companies that have been waiting to be reviewed. Also read: Yahoo! Japan […]

The post Japan Unveils Results of On-Site Inspections of 23 Crypto Exchanges appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico