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While the U.S. ramps up discussions of a digital dollar and China’s central bank digital currency (CBDC) draws near, Japan’s CBDC, otherwise known as the digital yen, is getting closer to its realization as well. Japan’s ruling Liberal Democratic Party member, Hideki Murai, explained in a recent interview this week that more clarity on the … Read more
The digital yen should be compatible with other CBDCs to counter China’s progress with its digital yuan, one official argued. Go to Source Powered by WPeMatico
Following bans in Japan, the U.K. and Ontario, Binance is ramping up its compliance efforts with a specialized tool developed by crypto intelligence firm CipherTrace. Go to Source Powered by WPeMatico
Regulators in Japan, the United Kingdom and the Canadian province of Ontario have all tightened their grip on cryptocurrency exchanges. Binance has been caught in the crosshairs. Go to Source Powered by WPeMatico
Ontario’s crypto exchange crackdown continues as Binance plans to end operations Dec. 31, 20201. Go to Source Powered by WPeMatico
Crypto exchange giant Binance is the latest platform to receive a warning from regulators in Japan for operating in the country without a license. Go to Source Powered by WPeMatico
Nobuaki Kobayashi, the trustee that’s overseeing the Mt Gox civil rehabilitation proceedings, has published a proposal so Mt Gox claimants can vote in order to get reimbursed. The voting process will end on October 8 and more than 50% of the votes will be needed to solidify the settlement plan. Mt Gox Civil Rehabilitation Voting … Read more
The Japanese government’s Financial Services Agency (FSA) has issued a warning to the crypto derivatives exchange Bybit claiming that the trading platform is allowing residents of Japan access to the exchange. The news follows the Bank of Japan Governor Haruhiko Kuroda criticizing digital currencies for speculation. Japan’s FSA Warns Bybit Fintech Limited Japan’s top regulator … Read more
The warning comes in response to Bybit’s marketing campaign that reportedly targeted Japanese investors. Go to Source Powered by WPeMatico
The Hashpalette token sale on Coincheck is set to become Japan’s maiden initial exchange offering event. Go to Source Powered by WPeMatico