Japan’s FSA asks cryptocurrency industry group to introduce FATF travel rule
Japan has been a member of the FATF since 1990. Go to Source Powered by WPeMatico
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Japanese bank Sumitomo Mitsui launches the country’s first ‘a-1’ rated security token
Sumitomo Mitsui has partnered with Securitize to launch Japan’s first security token that complies with the country’s Financial Instruments and Exchange Act. Go to Source Powered by WPeMatico
SBI Crypto’s Bitcoin mining pool goes public
The mining subsidiary of Japanese financial conglomerate SBI Holdings is opening its pool services to institutional and retail customers alike. Go to Source Powered by WPeMatico
Bank of Japan governor says CBDC preparation can’t wait until hour of need
In fresh remarks, Bank of Japan Governor Kuroda Haruhiko said that experiments with a domestic central bank digital currency will begin in spring 2021. Go to Source Powered by WPeMatico
Japanese Court Convicts Bitcoin Tax Evader- Trader Gets a Year in Prison Plus Fine for $200K
Japanese authorities aren’t hesitating in hunting down anyone considered a crypto tax evader. A court in Ishikawa has sentenced one of them, a 56-year-old man that will spend one year in prison, plus pay a $200,000 fine. Sentenced Man Didn’t Disclose His BTC Trading Activity of the Period 2017-2018 According to Chunichi, a judge at … Read more
SBI Holdings subsidiary continues XRP benefit program
SBI Holdings subsidiary Morningstar started its XRP shareholder benefits in 2019. Go to Source Powered by WPeMatico
Ripple’s Asia Pacific Business Flourishing Despite SEC Lawsuit, Says CEO
Ripple chief executive officer Brad Garlinghouse said Friday that the company’s business in the Asia-Pacific region has not suffered from the ongoing regulatory issues in the U.S. Ripple’s Business in Asia and Japan Sees Growth Ripple is facing a $1.3 billion lawsuit from the U.S. Securities and Exchange Commission (SEC). In December, the SEC charged … Read more
Rakuten’s customers can now use Bitcoin for shopping
Japanese retail giant Rakuten has integrated its crypto wallet with its payment app, enabling consumers to directly load and convert their Bitcoin holdings for use in everyday spending. Go to Source Powered by WPeMatico
Report: Asia’s Cryptocurrency Landscape the Most Active, Most Populous Region ‘Has an Outsize Role’
Recently, Messari Crypto Researcher, Mira Christanto published a report that looks into Asia’s cryptocurrency landscape in-depth, as 60% of the world’s population resides in the region. Christanto’s study shows that six out of the top ten largest cryptocurrency unicorns are located in Asia. Moreover, 98% of ethereum-based futures and 94% of bitcoin futures volumes stem … Read more
Crypto derivatives exchange FTX launches futures on 2021 Olympics
Will they or won’t they happen? Amid debates over how safe the Olympic games can be in 2021, cryptocurrency traders can now bet on the likelihood of their eventual go-head. Go to Source Powered by WPeMatico