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Cryptocurrency exchange Kraken is suspending all of its services to Japanese residents. The exchange has been allowed to operate in Japan while its application with the country’s financial regulator is being reviewed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Kraken Pulling Out of Japan Kraken announced on Tuesday the suspension of its services … Read more
Japan’s largest cryptocurrency exchange Bitflyer has contested media reports that the Japanese financial regulator has deemed its user verification process to be insufficient. Nonetheless, the exchange admitted to being in talks with the authority and has implemented additional measures. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Reports of Financial Regulator’s Concerns The largest … Read more
A new association has been registered in Japan consisting of 16 government-approved cryptocurrency exchanges. The group will focus on establishing self-regulatory rules and will have the authority to investigate and sanction members that do not comply with self-regulation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Japanese Crypto Association A new cryptocurrency organization … Read more
Today’s Bitcoin in Brief is all about you. Specifically, it’s about how you should be hiding your wallet seed and locking down your op-sec to prevent any fools from jacking your crypto. We’ve got all that, plus a cornucopia of other juicy morsels in your daily roundup of the last 24 hours in bitcoin. Also … Read more
Yahoo! Japan has confirmed that it is entering the crypto space by acquiring a stake in a Japanese cryptocurrency exchange that is already licensed by the country’s financial regulator. The company plans to launch a crypto exchange in the fall of this year. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Yahoo! … Read more
A total of nine cryptocurrency exchanges in Japan have suspended their operations so far. This includes the latest two, one of which was sanctioned by the Japanese financial regulator on Wednesday while the other voluntarily withdrew its license application. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Blue Dream Japan The Japanese … Read more
The Japanese Financial Services Agency (FSA) has been investigating a variety of cryptocurrency trading platforms to make sure they are following Japan’s digital currency regulatory policy. Just recently the FSA published a report stemming from their investigations that reveals a lot of statistics about how many cryptocurrency traders reside in Japan, and other types of … Read more
The Financial Services Authority of Japan has imposed penalties on three cryptocurrency exchanges following inspections of trading platforms in the country. Two of them have been ordered to suspend operations. Officials are not satisfied with the measures implemented to prevent money laundering and systemic risks. Also read: CEO of Korean Exchange Coinnest among Four … Read more
The half billion dollar Coincheck exchange hack is still working its way through the ecosystem, carrying implications of all sorts. Rarely mentioned is how, at least in part, the exchange’s problems were due to a lack of crypto engineers in Japan. A dearth of engineering know-how is a perfect recipe for security gaps to be … Read more
The team behind the troubled Japanese cryptocurrency exchange Coincheck has decided to sell the company to one of the largest securities trading companies in the country. Monex will provide much needed capital but will decapitate the exchange and replace its head with a more trusted figure from among its own. Also Read: Japanese Police … Read more