Indian Exchange Launches Lending Program for 5 Cryptocurrencies

Indian Exchange Launches Lending Program for BTC and USDTAn Indian crypto exchange has launched a program that allows its users to earn interest on their cryptocurrencies held at the exchange. Initially, users can lend BTC, USDT, BNB, XRP, and ETH. The CEO of the exchange has shared details about this new offering with news.Bitcoin.com. Also read: Crypto Enthusiasts Unite in 4 Indian Cities […]

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Japanese Internet Giant GMO to Launch Yen-Pegged Cryptocurrency

Japanese Internet Giant GMO to Launch Yen-Pegged CryptocurrencyJapan’s GMO Internet Group has announced plans to issue a yen-pegged stablecoin called GMO Japanese Yen. Already in the crypto exchange and mining hardware businesses, the company plans to launch its third crypto enterprise with this stablecoin. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Yen-Pegged Stablecoin GMO Internet Group announced Tuesday […]

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Japan’s GMO Launches Live Crypto Trading Platform, Adds Mining Facilities

Japan's GMO Launches Live Crypto Trading Platform, Adds Mining FacilitiesJapanese internet giant GMO has launched a live crypto trading platform via its subsidiary GMO Coin. This is the company’s third crypto exchange and trading service. Meanwhile, the group has established more mining facilities and has mined almost 3,000 BTC and over 660 BCH so far. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, […]

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Japan’s Internet Giant GMO Unveils New Crypto Priorities, Exchange Profits Up 7-Fold

Japan's Internet Giant GMO Unveils New Crypto Priorities, Exchange Profits Up 7-FoldJapan’s GMO Internet has unveiled new priorities for its cryptocurrency business along with the performances of its crypto exchange and mining operations. The changes going forward result from the bear market and increased total hash rate. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space GMO Coin Profits Up 7.3-Fold Japanese internet giant GMO published […]

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Bitflyer Cracks Down on Market Manipulation – Coincheck Eyes August Relaunch

Bitflyer Cracks Down on Crypto Market Manipulation, Coincheck to Reopen in AugustJapan’s largest crypto exchange, Bitflyer, may freeze accounts caught manipulating prices. Meanwhile, GMO Internet has released quarterly earnings for its crypto exchange subsidiary, currently looking to borrow some BTC from customers. In addition, Coincheck plans to reopen next month after it was hacked earlier this year. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

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Japanese Crypto Exchanges Working on Lowering Margin Trading Limits

Japanese Crypto Exchanges Working on Lowering Margin Trading LimitsJapanese cryptocurrency exchanges may soon set a strict limit on the leverage they offer for margin trading in order to better protect investors. The association comprised of 16 government-approved crypto exchanges is reportedly imposing a leverage limit as part of its self-regulatory rules. There will be a grace period and exceptions. Also read: Yahoo! Japan Confirms […]

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NBA Team Mines Ethereum

The Sacramento Kings are now mining Ethereum, the team announced on Wednesday. They are the first sports team entering the crypto space, and in doing so are introducing crypto to sports fans and offering a local group that supports black communities to buy and sell ether. Also read: Coinbase Founder Launches Cryptocurrency Fueled Charity ‘Givecrypto’ Tech-Savvy […]

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Six Japanese Crypto Exchanges Respond to Regulator’s Improvement Orders

Six Japanese Crypto Exchanges Respond to Regulator's Improvement OrdersSix fully-licensed Japanese cryptocurrency exchanges have responded to the business improvement orders issued by the country’s top financial regulator. Two executives have also resigned from their positions as vice presidents of the recently formed crypto exchange association. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Japan’s top financial regulator, the Financial Services Agency (FSA), […]

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Japan Penalizes Crypto Exchanges – Yakuza Involvement Confirmed

Japan Penalizes Crypto Exchanges - Yakuza Involvement ConfirmedThe Japanese regulator has issued business improvement orders to six of the country’s 16 fully-licensed crypto exchanges including Bitflyer, Quoine, and Tech Bureau. The agency confirmed to news.Bitcoin.com that at least one of the six exchanges has some form of involvement with the Yakuza. Responding to the improvement order, Bitflyer has halted new account registrations. […]

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Japan’s GMO Upgrades Margin Services, Launches Wallet and In-Game BTC Rewards

Japan's GMO Upgrades Margin Services, Launches Wallet and In-Game BTC RewardsJapanese giant GMO Internet has made several announcements over the last two days. The first is the addition of four cryptocurrencies to its crypto exchange margin services. The second is the launch of the GMO crypto wallet for both iOS and Android platforms. The third is the launch of Cryptochips, which enables the distribution of […]

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