Tech Bureau – DIGIT INFO

Japanese Exchange Takeover: Zaif Transfers All Crypto Services to Fisco

DIGIT — Fri, 12 Oct 2018 21:00:38 +0000

Japanese crypto exchange Zaif has concluded a business transfer agreement with another regulated crypto exchange in Japan. Fisco Cryptocurrency Exchange will take over all of Zaif’s services and will be responsible for repaying users who lost their coins when Zaif was hacked last month. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals […]

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Japan: Self-Regulatory Group of Crypto Exchanges Set to Tighten Rules on Online Digital Asset Storage

DIGIT — Sun, 30 Sep 2018 15:37:00 +0000

Japanese self-regulatory group of crypto exchanges plans to limit the amount of crypto assets that can be stored by its members online

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Zaif Hit With Third Improvement Order, Revises Hack Estimate

DIGIT — Tue, 25 Sep 2018 12:45:48 +0000

Japan’s top financial regulator has issued hacked crypto exchange Zaif a third business improvement order. The exchange has revised its theft estimate, after discovering that 42,327 BCH were also stolen in addition to 5,966 BTC. Zaif has also signed agreements with two companies for their help with repaying customers and improving its security system. Also […]

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Japanese Regulators Urgently Respond to Zaif’s Hack

DIGIT — Fri, 21 Sep 2018 07:25:04 +0000

Following the hack of Zaif, one of Japan’s regulated crypto exchanges, the country’s financial regulator immediately responded, launching an emergency inspection of the exchange and a survey of all other crypto exchanges. Finance Minister Taro Aso has also commented on the situation. In addition, the recently established self-regulatory body has asked all exchanges to inspect […]

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Japanese Regulated Exchange Zaif Hacked – Nearly 6000 BTC Stolen

DIGIT — Thu, 20 Sep 2018 07:25:49 +0000

Japanese government-approved cryptocurrency exchange Zaif has confirmed that it has been hacked. After a preliminary investigation, the exchange says at least 5,966 BTC have been stolen, with an estimated total damage of $60 million. Some of the stolen coins belong to the exchange but the majority belong to customers. Also read: 160 Crypto Exchanges Seek to […]

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Japanese Crypto Exchanges Working on Lowering Margin Trading Limits

DIGIT — Thu, 26 Jul 2018 10:25:51 +0000

Japanese 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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Japanese Crypto Exchanges Submit Business Improvement Plans

DIGIT — Tue, 24 Jul 2018 09:30:40 +0000

Six government-approved cryptocurrency exchanges in Japan have submitted their business improvement plans to the country’s top financial regulator. While improving their internal systems, most have also engaged in different areas of business expansion. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Business Improvement Plans Submitted Six of Japan’s 16 government-approved cryptocurrency exchanges have […]

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Six Japanese Crypto Exchanges Respond to Regulator’s Improvement Orders

DIGIT — Tue, 26 Jun 2018 14:18:55 +0000

Six 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

DIGIT — Fri, 22 Jun 2018 10:45:28 +0000

The 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 Has Mined Over 900 Bitcoins – Hashrate Doubled Last Month

DIGIT — Thu, 10 May 2018 16:33:49 +0000

The mining operation of Japan’s internet giant GMO has resulted in over 900 bitcoins and 537 bitcoin cash so far, as the company roughly doubled its hashrate last month. Meanwhile, its crypto exchange reported a first-quarter loss after the country’s financial regulator ordered it to improve. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Over […]

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