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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
Following the recent developments in China and the environmental concerns about bitcoin’s energy consumption, the Bank of Japan Governor Haruhiko Kuroda criticized the leading crypto asset bitcoin in an interview on Thursday. BOJ’s Kuroda Says Bitcoin ‘Volatility Is Extraordinarily High’ Bitcoin prices have slumped again on Friday after a tumultuous week. After tapping a daily … Read more
Japan is steadily becoming an area of interest for the cryptocurrency industry, and a politician in the capital city is looking to strengthen the trend. A member of the Tokyo Metropolitan Assembly wants to transform the Japanese capital into a “trading center” for cryptos. Blockchain as a ‘Growth Strategy’ to Create Industry Hub Yuu Ito, … Read more
SBI’s total pre-tax profit from its crypto business surged above $174 million in the past fiscal year. Go to Source Powered by WPeMatico
Amid the COVID-19 pandemic, the role of digitalization has become central to achieving sustainability and lessening climate change. Go to Source Powered by WPeMatico
The first phase of Japan’s CBDC pilots will be completed by March 2022, the central bank states. Go to Source Powered by WPeMatico