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G7 Meeting: Japan Wants G7 Nation to Prioritize On CBDC Policy

Bhushan Akolkar February 9, 2021

Coming Friday, February 12, finance ministers of the G7 nations will be having a virtual meeting for the first ministerial talks for 2021. Japanese Finance Minister Taro Aso has recently requested all G7 finance ministers to have an in-depth discussion on central bank digital currencies (CBDCs). During a recent press conference, Aso called the need

Coming Friday, February 12, finance ministers of the G7 nations will be having a virtual meeting for the first ministerial talks for 2021. Japanese Finance Minister Taro Aso has recently requested all G7 finance ministers to have an in-depth discussion on central bank digital currencies (CBDCs). During a recent press conference, Aso called the need

Oil Crash Bitcoin BTC Gold USD
Bitcoin News
Oil Crash Bitcoin BTC Gold USD
Bitcoin News

Bitcoin [BTC] and Gold Drop with Positive Tidings in Global Trade

Nivesh Rustgi August 25, 2020

Two recent announcements from the U.S. government on the improvement of trade with the European Union and its economic rival, China, are faring well for the stocks market. However, it seems to be causing a downturn in Gold and Bitcoin. Worries around inflation are also not bading well for the ‘safe haven’ assets.  The U.S.

Two recent announcements from the U.S. government on the improvement of trade with the European Union and its economic rival, China, are faring well for the stocks market. However, it seems to be causing a downturn in Gold and Bitcoin. Worries around inflation are also not bading well for the ‘safe haven’ assets.  The U.S.

Regulation News
Regulation News

Deregulating Crypto Could Surge Speculative Trading, Says Japanese Regulator

Sahana Kiran August 8, 2020

Several believe that regulations could hinder innovations and growth, a top Japanese regulator suggests otherwise. While stressing on the importance of regulations, he elaborates on the development of the Japanese CBDC.  Central Bank Digital Currencies [CBDC] is the latest concept of interest in several countries. China has undoubtedly taken a lead in this as the

Several believe that regulations could hinder innovations and growth, a top Japanese regulator suggests otherwise. While stressing on the importance of regulations, he elaborates on the development of the Japanese CBDC.  Central Bank Digital Currencies [CBDC] is the latest concept of interest in several countries. China has undoubtedly taken a lead in this as the

Japan crypto
Uncategorized
Japan crypto
Uncategorized

Japan’s Finance Minister Denies Lowering Tax On Cryptocurrencies

Sahana Kiran June 2, 2020

At the recent Japanese Financial Affairs Committee meeting that was carried out on 2 June 2020, the Finance Minister of Japan, Taro Aso, stated that he would not urge to lower the rate of tax on cryptocurrencies to 20 percent in the country. Aso cited the complexity of digital asset investment for many households for

At the recent Japanese Financial Affairs Committee meeting that was carried out on 2 June 2020, the Finance Minister of Japan, Taro Aso, stated that he would not urge to lower the rate of tax on cryptocurrencies to 20 percent in the country. Aso cited the complexity of digital asset investment for many households for

BitMEX Bitcoin Futures BTC
Bitcoin News
BitMEX Bitcoin Futures BTC
Bitcoin News

Breaking News: BitMEX Restricts Japanese Traders From Its Platform; Here’s Why

Dalmas Ngetich July 24, 2020

BitMex will bar Japanese traders from its platform. In a notice released some few minutes ago, the Seychelles-based cryptocurrency derivatives platform said effective April 30, new traders from Japan will be barred from creating accounts while registered clients won’t be able to place new orders from May 1. This is in response to a new

BitMex will bar Japanese traders from its platform. In a notice released some few minutes ago, the Seychelles-based cryptocurrency derivatives platform said effective April 30, new traders from Japan will be barred from creating accounts while registered clients won’t be able to place new orders from May 1. This is in response to a new

crypto exchange launch in japan and south korea
Bitcoin News
crypto exchange launch in japan and south korea
Bitcoin News

Binance Enters South Korea, Japanese Regulators Approve OkCoin Launch

Nivesh Rustgi March 31, 2020

Binance is launching it’s crypto exchange in Korea, Binance KR, whose functionalities will be attached to the global exchange. Japanese regulators have given a green signal to Okex for a launch in the country. Binance is set to launch in South-Korea after the acquisition of BxB Inc., the fintech company behind KRWb, as an extension of

Binance is launching it’s crypto exchange in Korea, Binance KR, whose functionalities will be attached to the global exchange. Japanese regulators have given a green signal to Okex for a launch in the country. Binance is set to launch in South-Korea after the acquisition of BxB Inc., the fintech company behind KRWb, as an extension of

china DIgital Currency
Regulation News
china DIgital Currency
Regulation News

Japan Lawmakers Say China’s Digital Yuan Risks Financial Collapse

John Kiguru February 7, 2020

China is expected to release the much talked about digital Yuan in 2020. This will be it’s greatest attempt to rival the U.S dollar for world economic dominance. A group of Japan lawmakers are however not happy about this and are calling for this to be tabled at the next G7 meeting. Japan itself is

China is expected to release the much talked about digital Yuan in 2020. This will be it’s greatest attempt to rival the U.S dollar for world economic dominance. A group of Japan lawmakers are however not happy about this and are calling for this to be tabled at the next G7 meeting. Japan itself is

bitcoin-japan-stablecoin
Bitcoin News
bitcoin-japan-stablecoin
Bitcoin News

Bitcoin [BTC] and XRP Account for 85% of Exchange Holdings in Japan: Report

Nivesh Rustgi December 7, 2019

Nic Carter, a Partner Castle Island Ventures and co-founder of Coinmetrics.io, brought into light a report of cryptocurrency holdings of Japanese Exchanges. The report presents the monthly holdings data on Japanese crypto exchanges since December 2018. The number of reported users vs. active users has a discrepancy of about 1.1 million. He tweeted, update: apparently theres

Nic Carter, a Partner Castle Island Ventures and co-founder of Coinmetrics.io, brought into light a report of cryptocurrency holdings of Japanese Exchanges. The report presents the monthly holdings data on Japanese crypto exchanges since December 2018. The number of reported users vs. active users has a discrepancy of about 1.1 million. He tweeted, update: apparently theres

bitflyer
Altcoin News
bitflyer
Altcoin News

Japan’s BitFlyer Exchange Launches Mobile App for US and Europe

Lujan Odera October 21, 2019

Tokyo based cryptocurrency exchange, BitFlyer is set to improve and ease cryptocurrency trading on its platform by launching its mobile application. The new app will be available to customers across Europe and the United States, providing them with a regulated environment to trade cryptocurrencies. Traders can buy and sell crypto using the US Dollar, Euro

Tokyo based cryptocurrency exchange, BitFlyer is set to improve and ease cryptocurrency trading on its platform by launching its mobile application. The new app will be available to customers across Europe and the United States, providing them with a regulated environment to trade cryptocurrencies. Traders can buy and sell crypto using the US Dollar, Euro

Coincheck
Bitcoin News
Coincheck
Bitcoin News

Bitcoin Adoption: Japanese Exchange Launches Bitcoin Reward System For Gas Bill Payments

Dare Shonubi October 4, 2019

In a bid to encourage mass adoption of bitcoin and bring the cryptocurrency to mainstream users, Japanese crypto exchange, Coincheck has launched a bitcoin reward system that will enable consumers in Tokyo to earn bitcoin incentives by paying gas bills using the cryptocurrency at a discount. Gas Users Will Get Bitcoin Incentives This arrangement comes

In a bid to encourage mass adoption of bitcoin and bring the cryptocurrency to mainstream users, Japanese crypto exchange, Coincheck has launched a bitcoin reward system that will enable consumers in Tokyo to earn bitcoin incentives by paying gas bills using the cryptocurrency at a discount. Gas Users Will Get Bitcoin Incentives This arrangement comes

japan fsa
Regulation News
japan fsa
Regulation News

Data from Financial Regulator Suggests that the Japanese are Turning Away from Crypto

Vinnie Singh September 3, 2019

A recent report from the Japanese financial regulator, Financial Services Agency (FSA) has revealed that that the number of inquiries concerning virtual currencies has dropped from 574 in Q1 2019 to 494 in Q2 2019. Is this data indicative of the fact that the hype around cryptocurrencies in declining in one of the most crypto-friendly

A recent report from the Japanese financial regulator, Financial Services Agency (FSA) has revealed that that the number of inquiries concerning virtual currencies has dropped from 574 in Q1 2019 to 494 in Q2 2019. Is this data indicative of the fact that the hype around cryptocurrencies in declining in one of the most crypto-friendly

coincheck
ICO & IEO News
coincheck
ICO & IEO News

Coincheck Exchange Set to Launch an IEO Platform For Utility Tokens

Dare Shonubi August 22, 2019

Tokyo-based virtual currency exchange, Coincheck Co., Ltd. has announced its commencement of funding support project for projects wanting to raise funds through offerings. The exchange which has its head office in Tokyo, Japan made this announcement through its Tokyo representative director, Toshihiko  Katsuya who made it known that the exchange has begun to consider a

Tokyo-based virtual currency exchange, Coincheck Co., Ltd. has announced its commencement of funding support project for projects wanting to raise funds through offerings. The exchange which has its head office in Tokyo, Japan made this announcement through its Tokyo representative director, Toshihiko  Katsuya who made it known that the exchange has begun to consider a

bitflyer
Altcoin News
bitflyer
Altcoin News

Japanese Bitcoin Exchange Opens New Bitcoin Trading Service in European Market

Tabassum July 30, 2019

Controversial Japanese bitcoin exchange, BitFlyer has recently opened up a new bitcoin trading service for EU (European Union) market with no fees.  The exchange suspended account opening for its Japanese clients following country regulator’s skepticism on its Anti-Money laundering and know-your-customer procedures back in June 2018. FCA/Financial Service Agency had earlier sent notices to a

Controversial Japanese bitcoin exchange, BitFlyer has recently opened up a new bitcoin trading service for EU (European Union) market with no fees.  The exchange suspended account opening for its Japanese clients following country regulator’s skepticism on its Anti-Money laundering and know-your-customer procedures back in June 2018. FCA/Financial Service Agency had earlier sent notices to a

Japan
Blockchain News
Japan
Blockchain News

Japan Plans To Build A “SWIFT-LIKE” Blockchain Payment Network

Dare Shonubi July 18, 2019

According to an insider familiar with the matter on Thursday, the Japanese government is leading innovation to build a payment network for cryptocurrencies similar to SWIFT used by banks. This news comes in an effort of the Japanese government to fight financial crimes and money laundering. According to the report,  these are issues resulting from

According to an insider familiar with the matter on Thursday, the Japanese government is leading innovation to build a payment network for cryptocurrencies similar to SWIFT used by banks. This news comes in an effort of the Japanese government to fight financial crimes and money laundering. According to the report,  these are issues resulting from

Libra
Regulation News
Libra
Regulation News

Japan’s Top Regulators Setting Up Working Group Dedicated on Libra Coin

Tabassum July 13, 2019

Global regulators are raising their concern over Libra’s impact on the financial industry. Following the US’s concern, Japan is also seeking to conduct an in-depth study on the Libra and the possible impact as well as affect it can create over the financial industry. Japan and Facebook’s Libra According to the latest report, Japan’s top

Global regulators are raising their concern over Libra’s impact on the financial industry. Following the US’s concern, Japan is also seeking to conduct an in-depth study on the Libra and the possible impact as well as affect it can create over the financial industry. Japan and Facebook’s Libra According to the latest report, Japan’s top

Altcoin News
Altcoin News

Japanese Exchange, Bitpoint Got Hacked; $32 Million Missing!

Dare Shonubi July 12, 2019

Japan has experienced another cryptocurrency exchange hacking this year, perhaps the first of the year’s second half. This time, a licensed Japanese cryptocurrency exchange, Bitpoint reported Friday to have been hacked of some crypto assets totaling around $32 million dollars. According to report received in the early hours of Friday, Bitpoint halted all exchange operations

Japan has experienced another cryptocurrency exchange hacking this year, perhaps the first of the year’s second half. This time, a licensed Japanese cryptocurrency exchange, Bitpoint reported Friday to have been hacked of some crypto assets totaling around $32 million dollars. According to report received in the early hours of Friday, Bitpoint halted all exchange operations

japan FSA
Regulation News
japan FSA
Regulation News

Japan: There Is Something New In Japan’s Blockchain Development, What…?

Dare Shonubi June 28, 2019

Japan is now developing blockchain innovations through a new regulatory sandbox system under the Cabinet Secretariat of Japan and this incubation process seems not to have enough of blockchain ideas. An Empty Field Without Players Back in June 2018, the Japanese government introduced the sandbox regime to instigate the introduction of new business ideas and

Japan is now developing blockchain innovations through a new regulatory sandbox system under the Cabinet Secretariat of Japan and this incubation process seems not to have enough of blockchain ideas. An Empty Field Without Players Back in June 2018, the Japanese government introduced the sandbox regime to instigate the introduction of new business ideas and

bitcoin
Regulation News
bitcoin
Regulation News

Japan May License Bitmax To Begin Operation In Q3

Dare Shonubi June 24, 2019

Japanese Financial Service Agency (FSA) is currently considering the application of Line corporation to launch a cryptocurrency exchange. If events turn out positive, Bitmax, as the crypto exchange is called may be launched in Q3 of 2019. Line Corporation is Japan’s most popular messaging app with a user base of around 80 million local users.

Japanese Financial Service Agency (FSA) is currently considering the application of Line corporation to launch a cryptocurrency exchange. If events turn out positive, Bitmax, as the crypto exchange is called may be launched in Q3 of 2019. Line Corporation is Japan’s most popular messaging app with a user base of around 80 million local users.

Crypto News
Altcoin News
Crypto News
Altcoin News

This Week in Cryptos: Kik announces “Defend Crypto” Effort While Insurance Companies Test Blockchain

Abhinav Agarwal June 3, 2019

Key highlights Kik announces #DefendCrypto State Farm/USAA test blockchain Coinbase adds EOS Japan approves the new crypto bill Anchorage adds insurance Kik announces #DefendCrypto This week, Kik, the messaging app, launched an initiative escalating its regulatory struggle against the U.S. Securities Exchange Commission (SEC). The new initiative called the DefendCrypto.org is a coordinated crowdfund campaign

Key highlights Kik announces #DefendCrypto State Farm/USAA test blockchain Coinbase adds EOS Japan approves the new crypto bill Anchorage adds insurance Kik announces #DefendCrypto This week, Kik, the messaging app, launched an initiative escalating its regulatory struggle against the U.S. Securities Exchange Commission (SEC). The new initiative called the DefendCrypto.org is a coordinated crowdfund campaign

japan fsa
Regulation News
japan fsa
Regulation News

Japan Tightens Money Laundering Policies of Crypto Exchanges Ahead of FATF Inspection

Joshua Tayo May 23, 2019

Japan is reportedly cracking down hard on crypto exchanges with poor Know Your Customer (KYC) procedures. This move by the Japanese regulator is in response to its forthcoming (FATF) Financial Action Task Force(FATF) review. Japan is Bitter About Its Low FATF Review Reportedly, Japan was awarded the lowest possible ranting for poor Know Your Customer

Japan is reportedly cracking down hard on crypto exchanges with poor Know Your Customer (KYC) procedures. This move by the Japanese regulator is in response to its forthcoming (FATF) Financial Action Task Force(FATF) review. Japan is Bitter About Its Low FATF Review Reportedly, Japan was awarded the lowest possible ranting for poor Know Your Customer