Japan’s Virtual Currency Exchange Association (JVCEA) will reportedly be releasing new voluntary rules next week, Cointelegraph Japan reports today, June 18.
The official announcement of the regulatory guidelines, set for June 27th, will reportedly include a ban on insider trading, penalizing cryptocurrency exchange employees if they engage in “inappropriate” trading due to their firsthand knowledge.
In order to conform to anti-money laundering (AML) regulations, the voluntary regulation proposal will also prohibit the trading of anonymity-oriented cryptocurrencies, such as Monero and Zcash, on exchanges.
Formed at the end of April following the $530 mln NEM hack of Japanese crypto exchange Coincheck, the JVCEA is a self-regulatory body that combined the two crypto entities already in existence — the Japan Blockchain Association (JBA) and the Japan Cryptocurrency Business Association (JCBA).
The organization, which is made up of Japan’s 16 licensed crypto exchanges, describes its operations as inspecting the security of crypto exchanges in Japan, as well as more specific tasks like assessing tokens issued in Initial Coin Offerings (ICO).
Digital asset treasury companies in Japan are at risk as the Japan Exchange Group Inc., which operates the Tokyo Stock Exchange, wants to tighten oversight over concerns that retail investors are being exposed to excessive risk from volatile crypto-linked stocks.…
Pepe has become the first meme coin to be officially listed on a Japanese cryptocurrency exchange. According to a report by CoinDesk Japan, BITPoint Japan, a centralized crypto exchange launched in 2016 and licensed by the country’s Financial Services Agency,…
Huobi Japan, a bitcoin and crypto exchange company, today announced it has received approval from Japan’s Financial Services Agency (FSA) to register as a Type I Financial Instruments Business, as designated under the Financial Instruments and Exchange Act.
Kraken, the popular cryptocurrency and bitcoin exchange company, today announced the launch of account funding and trading in Japan. The live opening in Japan is an important milestone in the exchange’s growth and expansion into the APAC region.
Bitcoin Press Release: The Japan-based developer behind popular games such as Sanrio’s (i. e. Hello Kitty) Gudetama Quest, Aerial Legends and Japan’s first blockchain games, Crypt-Oink and CryptoIdols will roll out their initial exchange offering on November 18th, 2019.
Taotao, a crypto exchange based in Japan, is planning to launch in May with the approval of Japanese authorities. According to a CNBC report in April 2018, Yahoo! Japan said that it will acquire a 40 percent stake in BitARG Exchange Tokyo, which has since reportedly been rebranded to Taotao.
The Japan Virtual Currency Exchange Association says it will tighten investor protection stipulations after a wave of hacks on digital currency exchanges. Citing informed sources, the Japan Times reported the Japan Virtual Currency Exchange Association (JVCEA) has agreed to revise certain self-imposed rules to keep investors safe in the wake of hacks.
It feels like a very long time ago that we reported on instant messaging service ‘Line’ moving to create their own cryptocurrency exchange, now however we finally have more news about the roll out and future prospects of the exchange.
Canadian Coinsquare, a trading system extremely prominent with cryptocurrency fanatics throughout the North American nation, seems completely familiar with exactly what safety measures a digital properties company needs to take while operating in Japan due to a current crack-down by its monetary controlling body on the heels of the headline-making Coincheck burglary.
The Bitbox cryptocurrency exchange will be available to global customers except for the residents of Japan and the U.S due to growing regulatory involvement.
The post Japan’s Popular Messaging App LINE To Launch Its Bitbox Cryptocurrency Exchange This July appeared first on CoinSpeaker.
Japan’s SBI Virtual Currencies has added support for two major cryptocurrencies in addition to the one trading pair that its crypto exchange service, Vctrade, launched with. Users who pre-registered prior to the launch can now trade BTC, BCH, and XRP against the Japanese yen.
Japan Confirms Entrance Into the Crypto Space Coinex: The Exchange That Uses Bitcoin Cash as Its Base Currency Most cryptocurrency exchanges use bitcoin core (BTC) as the base currency that is traded against various other digital assets.
However, even Changpeng Zhao is still surprised by the astronomical speed in which his exchange has grown. China, Canada, the US, Hong Kong, Japan – I’ve lived in all of those places and that experience helps a lot.
However, even Changpeng Zhao is still surprised by the astronomical speed in which his exchange has grown. China, Canada, the US, Hong Kong, Japan – I’ve lived in all of those places and that experience helps a lot.
The company will begin offering custody, escrow, OTC trading, and exchange services for BCH, ETH, LTC, and XLM, in addition to its existing BTC offerings. Japan Confirms Entrance Into the Crypto Space Approval by the NYDFS Itbit announced on Thursday, June 14, that it will start offering several new products based on cryptocurrencies other than
In the name of “industry-academia” cooperation in the field of blockchain development, Korea University is reportedly teaming up with the South Korean subsidiary of crypto exchange Huobi. Huobi was originally founded in Beijing in 2013, though it is now headquartered in Singapore, with branches in the US, Japan, Hong Kong, and China. The new South […]
A Dubai-based cryptocurrency exchange has reportedly become the first crypto exchange in the Middle East and North Africa (MENA) region to receive a regulatory sandbox license. The license was granted by the Central Bank of Bahrain and will take effect this week.
]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work.
Finance Coinbase has opened up its index fund for accredited US investors, giving them exposure to all cryptocurrencies listed on its exchange GDAX. Japan Confirms Entrance Into the Crypto Space Coinbase Index Fund Launched Coinbase, one of the largest cryptocurrency companies, announced on Tuesday, June 12, that Coinbase Index Fund is now open for investment.
Coinbase has opened up its index fund for accredited US investors, giving them exposure to all cryptocurrencies listed on its exchange GDAX. The company is now working on “launching more funds which are accessible to all investors and cover a broader range of digital assets.
Following the announcement by South Korean crypto exchange Coinrail that it has been hacked, a local publication reported that some banks had identified suspicious transactions at the exchange and stopped providing services to company months before the incident.
A major South Korean exchange, Upbit, has paid six people for reporting fraudulent crypto-related schemes. Japan Confirms Entrance Into the Crypto Space Upbit Paid Users for Reporting Fraud One of South Korea’s largest cryptocurrency exchanges, the Kakao Corp-backed Upbit, has paid six individuals for reporting fraudulent crypto-related schemes. The exchange implemented a bounty system in
A major South Korean exchange, Upbit, has paid six people for reporting fraudulent crypto-related schemes. Ten cases were reported to the exchange and six of them were selected. Upbit also recently partnered with Thomson Reuters to operate a system to support transparent crypto transactions.
South Korean cryptocurrency exchange Coinrail reported a hack on its website during the early morning hours of June 10, 2018. The thieves allegedly made off with over $40 million worth of altcoins and assorted tokens.
Following reports of six publicly listed companies launching their own cryptocurrency exchanges in Japan, three other firms listed on the Tokyo Stock Exchange have announced plans to enter the space with various crypto offerings.
Shopin — a universal shopper profile that delivers personal shopping experiences through retailers’ apps, websites and stores — says one of its token distributors has been hacked and roughly $10 million in a variety of cryptocurrencies has been stolen.
Zcash price rebounded 10% after bulls managed to defend the $400 support level on Wednesday. It is now eyeing a breakout from a bullish triangle pattern that could lead to gains of nearly 45% if momentum holds. After falling nearly…
Zcash (ZEC) continues to demonstrate resilience in the cryptocurrency market, with recent developments shaping its near-term trajectory. Over the past 24 hours, Zcash (ZEC) has risen by 11. 97%, outperforming a relatively flat crypto market, and currently trades just above $420.
The cryptocurrency market has performed positively over the past 24 hours, with Bitcoin and other major coins currently in the green. ZEC, the native coin of the Zcash blockchain, is the best performer among the top 20 cryptocurrencies by market cap.
Zcash surges 13% to $460 as a dynamic fee proposal, whale accumulation, and Cypherpunk’s growing ZEC treasury tighten supply below a key resistance zone. Zcash (ZEC) price climbed 13% to reach $460, outperforming broader cryptocurrency markets that have traded sideways…
The US government appears to hold a significant amount of Zcash, a privacy-focused digital asset, according to a new analysis by Arkham Intelligence. The position, valued at approximately $1. 5 million, reportedly stems from assets seized during the 2017 takedown of the AlphaBay darknet market.
Arkham Intelligence defends its Zcash coverage announcement after experts disputed claims of deanonymizing shielded transactions, calling it technically impossible.
The post Arkham Attacks Zcash Community After Public Backlash on Inaccurate Reporting appeared first on Coinspeaker.
Zcash, the privacy-focused cryptocurrency, has unveiled a new proposal for a dynamic fee system designed to prevent soaring transaction costs from pricing users out of the network. The proposal, issued by research group Shielded Labs, addresses growing concerns over rising fees as Zcash experiences increased usage and network congestion. Zcash moving beyond fixed fees Since […]
