Exchanges Round-Up: Price Spread and Institutions, Brazil Surveys Exchanges

In recent news pertaining to exchanges, Sfox has attributed a reducing spread in the price of BTC across exchanges to the increased presence of institutional investors in the cryptocurrency markets, Brazil’s government has issued a questionnaire to three local crypto exchanges seeking to obtain data pertaining to their operations, and data from the United States … Read more

Japan’s National Police Installing Crypto Transaction Tracking System

The Japanese National Police Agency is reportedly installing a system to track the flow of crypto transactions in order to aid investigations of cryptocurrency-related cybercrime. The system is expected to be limited to major cryptocurrencies, according to local media. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Tracking Crypto Transactions Japan’s National Police Agency … Read more

Rakuten Acquires Crypto Exchange to Fast-Track Into the Japanese Market

Japanese mega e-commerce and internet company Rakuten Inc. is entering the crypto space. Instead of submitting a new application to the country’s financial regulator, Rakuten is acquiring an existing crypto exchange to fast-track into the Japanese crypto market. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Rakuten to Operate Crypto Exchange Rakuten Inc. announced … Read more

160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals

Japan’s top financial regulator has revealed exclusively to news.Bitcoin.com the number of crypto exchanges seeking to enter the Japanese market. The agency also confirms the number of existing exchanges that have exited the industry, leaving only three applications currently being reviewed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Three Quasi-Operators Are Left Cryptocurrency … Read more

Korean Province to Replace Local Currencies With Crypto

An eastern South Korean province plans to issue its own cryptocurrency to replace the local currencies of its nine cities, according to local media. An exchange will be established for the new crypto. The coins can be used for payments within the province and merchants can accept them using smartphone QR codes. Also read: Yahoo! Japan … Read more

Reserve Bank of India Anticipates Shift to P2P Crypto Trading

India’s central bank has released its latest annual report which includes a section dedicated to cryptocurrency. The Reserve Bank of India outlines the risks posed by crypto and emphasizes the need to monitor crypto development in anticipation that some trading may shift from exchanges to peer-to-peer (P2P) mode. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more

Hong Kong Seeks Fintech Talent, DLT Experts

Authorities in Hong Kong have taken steps to attract fintech specialists who can support its economic development. The government of the Chinese region has prepared a list of needed professions from several related fields, including distributed ledger technologies and asset management. Also read: China Escalates Crackdown, Russia Chases Shadows, UK Warns of Scams Hong Kong … Read more

Japanese Actress Helps Tokyo Police Raise Crypto Cybersecurity Awareness

A Japanese actress and singer has helped the Tokyo Metropolitan Police Department raise awareness on cybersecurity issues, including cryptocurrencies. She reportedly took on the role of a cybersecurity manager in an event hosted by the department where participants learned about cybercrime countermeasures. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Rie Kitahara Raises Cybersecurity … Read more

Operation Cryptosweep: 200+ Crypto Cases in North America, 46 Enforcement Actions

North American regulators have revealed that more than 200 cryptocurrency-related cases are being actively investigated, with 46 enforcement actions taken. The coordinated efforts by over 40 jurisdictions in the U.S. and Canada are part of Operation Cryptosweep, aimed at cracking down on unregistered and fraudulent crypto-related investment products. Also read: Yahoo! Japan Confirms Entrance Into the … Read more

Colorado Investigating Three Cryptocurrency Firms

The Colorado Department of Regulatory Agencies is investigating three cryptocurrency firms for promoting unregistered initial coin offerings in the state. The investigations are part of a growing trend of fraudulent companies looking to make quick money. All three firms failed to show up at a hearing to present evidence as ordered by the Commissioner. Also … Read more