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190 Firms Interested in Launching Operations in the Japanese Cryptocurrency Market
Japan’s Financial Services Agency (FSA) has reportedly revealed that 190 firms have shown an interest in becoming operators in the Japanese cryptocurrency market, which makes it a slight increment from the number of companies that had expressed their intention earlier in August, according to a report by Finance Magnates on December 28, 2018. дальше »
2018-12-29 11:00 | |
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Japanese Regulator Publishes Proposed Rules for Crypto Service Providers
Japan’s top financial regulator has published the final report outlining proposed rules for cryptocurrency service providers to follow. The rules address areas such as hacking incidents, coin listings, financial and price disclosures, margin trading, and crypto custodial services. дальше »
2018-12-29 09:15 | |
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Japan’s Second Largest Bank to Launch its Own Cryptocurrency in March 2019
According to a report published by Finance Magnets, on December 26, 2018, Japan-based company Mizuho Financial Group is primed to launch its yen-pegged cryptocurrency in March 2019. Mizuho’s Stablecoin to Be Launched in March 2019 The cryptocurrency being introduced by Mizuho will have parity with the Japanese yen and can be used to make and receive payments through a mobile. дальше »
2018-12-28 06:00 | |
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Japan’s New Crypto Regulation Draft Report Is Ready
Japan is inching towards new cryptocurrency regulations. The Financial Services Agency published its draft report on the upcoming regulations on Friday last week, highlighting several key issues that have not been addressed by current regulations. дальше »
2018-12-18 20:29 | |
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Japanese Financial Regulator Classify Cryptocurrencies as “Crypto-Assets” to Ward off Consumer Misunderstanding
Japan’s financial regulator has established a classification for cryptocurrencies that are traded online like money, this according to a report from The Japan News on December 15, 2018. Avoiding Confusion According to the article, the nation’s Financial Services Agency (FSA) has decided to position bitcoin and other cryptocurrencies under the category of “crypto-assets. дальше »
2018-12-18 03:00 | |
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Japan’s FSA publishes draft report of new cryptocurrency regulations
On December 14, Japan’s Financial Services Agency (FSA) published a draft report outlining the country’s new regulatory framework for cryptocurrencies and initial coin offerings (ICOs). The report, which was discussed at the agency’s 11th study group meeting, contains recommendations from the previous 10 study group meetings. дальше »
2018-12-17 10:35 | |
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Japan Publishes Draft Report of New Crypto Regulations
Japan’s Financial Services Agency has published its draft report outlining new cryptocurrency regulations. The report contains measures in areas that are not currently addressed in existing laws such as hacking incidents, self-regulation, deemed dealers, privacy coins, and margin trading. дальше »
2018-12-17 09:50 | |
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The Daily: Japan Calls All Coins ‘Crypto Assets’, Russia Defines Cryptocurrency as Property
The Financial Services Agency of Japan has resolved to refer to cryptocurrencies as “crypto assets” in order to prevent confusion with legal tender. Also in The Daily, the Justice Ministry in Moscow has confirmed that it classifies digital coins as “other property. дальше »
2018-12-15 17:15 | |
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Less than 2% of “Suspicious Transaction” Reports in Japan Are Linked to Cryptocurrencies
Between January and October, Japanese police had received 5,944 reports with regard to nefarious and illicit activities tied to cryptocurrencies according to local media, December 6, 2018. Report Details According to multiple Japanese news outlets, National Police Agency (NPA) officials have said that the figure is eight times that of the April to December 2017 reports (669). дальше »
2018-12-7 06:00 | |
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Reported Crypto Laundering Cases in Japan Reach 6,000, Eight Times Higher Than 2017
The National Police Agency (NPA) of Japan has estimated that there were around 6,000 cases of suspected money laundering relating to crypto in the nation in the first three quarters of 2018. This figure is more than eight times that of the final nine months of the previous year. дальше »
2018-12-7 02:30 | |
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GMO Coin Cryptocurrency Exchange Resumes Bitcoin Cash ABC (BCHABC) Trading
GMO Coin, the digital assets trading venue owned by Japan’s GMO Internet, Inc. has reportedly made it clear that bitcoin cash ABC is its preferred choice among the two versions of the November 15, 2018, hard fork. дальше »
2018-12-5 06:00 | |
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Japan Mandates Crypto Exchanges Report About Suspected Tax Evaders
CoinSpeaker Japan Mandates Crypto Exchanges Report About Suspected Tax Evaders The National Tax Agency (NTA) of Japan will ask exchanges to immediately report on suspected customers trying to evade crypto taxes. дальше »
2018-12-5 18:10 | |
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Japan Mandates Crypto Exchange to Report About Suspected Tax Evaders
CoinSpeaker Japan Mandates Crypto Exchange to Report About Suspected Tax EvadersThe National Tax Agency (NTA) of Japan will ask exchanges to immediately report on suspected customers trying to evade crypto taxes. дальше »
2018-12-4 18:10 | |
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Japan’s Largest Shipping Line to Launch Digital Currency to Pay Crew Members
Japan’s shipping line powerhouse Nippon Yusen KK is set to introduce its own digital currency for internal use, specifically to pay its seafaring workers, reports Bloomberg, November 20, 2018. The move is aimed towards minimizing the hassle and costs of the process of managing, sending and converting money to their respective local currencies. дальше »
2018-11-21 18:00 | |
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Indian Government Expects to Finalize Crypto Bill Next Month
The Indian government has reportedly filed an affidavit with the country’s supreme court detailing its progress on cryptocurrency regulations. “Serious efforts are going on” to prepare the draft crypto bill and report, the government explained. дальше »
2018-11-21 04:05 | |
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Investors Slow Enquiries About Cryptocurrencies in Japan, According to Financial Services Agency (FSA)
Japan has been fairly welcoming to the cryptocurrency community, but it looks like questions about crypto as a whole from investors are slowing down. The Japanese Financial Services Industry published a report on November 16th, showing the enquiries for the third quarter of this year. дальше »
2018-11-17 02:35 | |
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Japan: GMO Internet Reports Record-High Performance for its Crypto-Related Businesses
Japan’s IT behemoth GMO published its Q3 2018 financial report on November 12, 2018, which reveals the company’s “historical performance” in its cryptocurrency business line. According to the report, the firm’s crypto segment earned revenue more than JPY 2. дальше »
2018-11-13 18:00 | |
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GMO Internet’s Crypto Mining And Blockchain Businesses Show ‘Historical Performances’ In Q3 Report
Third-Quarter Report Released By GMO Internet, Reporting “Historical Performance,” Despite “Harsh” Industry GMO Internet comes from Japan with the best performance of any IT company in the world. They publish quarterly reports to inform shareholders of how the company is performing, and the recent report from their third quarter revealed some interesting information. Specifically, they […] дальше »
2018-11-13 01:58 | |
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Top Japan Insurance Provider Sompo And Africa’s BitPesa Blockchain Platform To Improve Cross-Border Payments
Sompo And BTC Africa Team Up In Efforts To Improve Cross-Border Payments Sompo Holdings is considered to be one of the top three insurers in the entire nation of Japan, which makes each of their partnerships significant. дальше »
2018-11-13 01:49 | |
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NRI Secure launches security monitoring service for blockchain smart contracts
CryptoNinjas NRI SecureTechnologies, the first development partner of ConsenSys in Japan today unveiled a new service to detect and report security vulnerabilities in information systems and services that use blockchain technology. дальше »
2018-11-9 23:12 | |
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Tron TRX Growing on South Asian Markets, Japan Specially
Justin Sun continues to accumulate positive news for Tron TRX. On October 29, 2018, the Tron Foundation published its weekly report, summarizing on the weekly results from October 20 to 26. According to the report, Tron is working hard on expanding its platform. дальше »
2018-11-1 05:02 | |
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Japan’s FSA Says Stablecoins Are Not Considered Cryptocurrencies Based on Current Legislation
The Financial Services Agency is the top financial regulator in Japan, and they recently release a report to Bitcoin News exclusively to dictate the way that they classify stablecoins. More specifically, they stated that stablecoins are not categorized as cryptocurrencies, based on two particular pieces of legislation. In the Fund Settlement Law and the recently […] дальше »
2018-10-30 03:29 | |
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Binance Donated BTC and ETH Worth $500,000 to Victims of West Japan Flood
Binance released a report Oct. 24, outlining its role in the aid of the victims of the 2018 West Japan floods. According to the report, the exchange donated 63. 03 BTC and 169. 85 ETH, the combined fiat equivalence of which exceeded $500,000 at the time of donation. дальше »
2018-10-27 02:41 | |
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First West Japan Disaster Relief Project Report from Binance Shown to Promote Transparent Charity
In the summer of 2018, news media outlets flooded their publications with information about the heavy rainfall experienced in southwestern Japan. The constant state of downpour was brutal to the area, bringing forth massive floods and even mudflows that buried thousands and thousands of homes. дальше »
2018-10-25 04:02 | |
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Japanese Financial Services Authority Approves Self-Regulation for Crypto
Japan’s Financial Services Agency (FSA) has granted self-regulatory status to the country's cryptocurrency industry, giving the Japan Virtual Currency Exchange Association (JVCEA) authority to oversee the space, according to a Reuters report. дальше »
2018-10-25 21:29 | |
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Binance Releases Heart-Warming Report on 2018 West Japan Disaster Relief Project
The Blockchain Charity Foundation (BCF), the charity arm of Binance cryptocurrency exchange, released a report on Oct. 24 of how it played a crucial role in providing relief to the victims of Japan’s worst floods in 36 years. дальше »
2018-10-24 19:29 | |
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Japan Looks to Ease Tax Reporting of Cryptocurrency Gains and Profits
To establish a seamless tax reporting mechanism for cryptocurrency gains in Japan, the Japanese Tax Commission held a debate on October 17, 2018, per a report by the local media outlet Sankei News. Standardization of Tax Filing Process According to the report published, the Japanese Tax Commission is contemplating ways by which gains or profits on cryptocurrency trading can be. дальше »
2018-10-20 22:00 | |
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Venezuela Authorizes 6 Exchanges to Start Selling National Cryptocurrency Petro
Venezuela has authorized six cryptocurrency exchanges to start selling its national cryptocurrency, the petro, according to the government’s website. The petro, which recently became a Venezuelan national currency, can now be purchased at the six exchanges, local media report. дальше »
2018-10-19 02:05 | |
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Japan is working to simplify cryptocurrency tax filing system
Japan’s Tax Commission is looking for ways to simplify the current tax filing system for cryptocurrencies in order to ensure investors accurately report their gains. On October 17, the commission, which guides policy on taxation and also advises the prime minister, held a general assembly meeting to discuss potential improvements to the process. The committee […] дальше »
2018-10-22 12:11 | |
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Binance Invests $2.5 Million in Blockchain-Based Travel Startup
Binance had to move its headquarters from China to Japan in the wake of the PBoC’s crackdown against local cryptocurrency firms. But that didn’t discourage it from becoming the world’s leading cryptocurrency exchange. дальше »
2018-10-4 21:30 | |
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Despite Ban, 25 Google Play Apps Found to Cryptojack Users
Sophoslabs has published a report in which the company claims to have identified at least 25 Android apps published on the official Google Play store that contain script facilitating the ‘cryptojacking’ of users’ computing resources. дальше »
2018-9-27 02:15 | |
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Kraken: An Overview of One of Europe's Top Bitcoin Exchanges
In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world. дальше »
2018-9-27 21:21 | |
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Japan Reports Crypto Thefts up Three-Fold in 2018, Worth Half a Billion in Stolen Funds
Cryptocurrency–The National Police Agency of Japan has released troubling news on the state of cryptocurrency-related thievery. Despite growing adoption and awareness for the industry throughout 2018, thereby leading to an improvement in security for user funds, the Japanese organization reports crypto-related thefts have cost users more than half a billion dollars. дальше »
2018-9-21 04:42 | |
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In First Half of 2018, Japan Counts $540 Million Lost to Crypto Thefts
When Tokyo-based Mt. Gox got hacked to the tune of 650,000 bitcoin in 2014, Japan learned early on the tough lessons of cryptocurrency theft. Yet, to this day, despite the country’s ongoing efforts to educate investors and ramp up oversight of crypto exchanges, it still feels the sting of hackers. дальше »
2018-9-21 23:45 | |
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Japan Sees Rising Crypto Theft, $540 Million Stolen in First Six Months of 2018
Japan, often fondly referred to as the ‘Land of the Rising Sun’ has this year increasingly become the ‘Land of rising crypto theft,’ with a new report suggesting that the yen equivalent of $540 million has been stolen during the first six months of the year. дальше »
2018-9-21 22:00 | |
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Japan’s FSA to Add to Crypto Team for Exchange License Reviews
The Japanese financial regulatory body is contemplating an expansion of its team focused on cryptocurrency and related activities. Observing the growing interest of Japanese companies in establishing a digital currency exchange, The Financial Services Agency (FSA) is set to bring more breadth to its team in 2019, per a Reuters report dated September 12, 2018. дальше »
2018-9-15 19:30 | |
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Indian Financial Authorities Visit Regulators in Japan, UK and Switzerland on Crypto Study Tour
The Securities and Exchange Board of India reports that it has sent officials to Japan, the UK and Switzerland on a crypto study tour. The traveling officials aim to examine the relationship between cryptocurrency and financial regulators. дальше »
2018-9-6 19:54 | |
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Japan to Carry out More Extensive Screening Activities for new Cryptocurrency Exchanges
In a bid to protect investors’ interest and make it difficult for bad actors to launch cryptocurrency trading platforms in Japan, the Financial Services Agency (FSA) has tightened its screening process for new virtual currency exchanges, as first reported by the Japan Times on September 2, 2018. дальше »
2018-9-4 05:00 | |
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Japan’s National Police Agency (NPA) To Finance Crypto Tracking Software For Monitoring Criminal Activity
The National Police Agency (NPA) of Japan is set to finance the innovation of an emerging software which will be instrumental in assisting to track criminals behind the illegal virtual asset transactions. дальше »
2018-9-1 11:37 | |
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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. дальше »
2018-8-30 10:55 | |
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Report Finds Mining Activity and Bitcoin Exchange Development in North Korea
A report by South Korea’s state-run Korea Development Bank (KDB) suggests that North Korea has been mining cryptocurrencies, according to local media. In addition, a technology firm in the country is developing an exchange platform for bitcoin, while average citizens of North Korea have little knowledge of cryptocurrency, the report claims. дальше »
2018-8-28 07:45 | |
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Japan’s Internet Giant GMO Abandons Bitcoin Cash Mining
Japanese internet giant GMO has switched its entire mining capacity from Bitcoin Cash (BCH) to Bitcoin (BTC) as of July 2018. GMO Mines 568 Bitcoin Blocks In July A copy of the company’s monthly mining report uploaded to social media by cryptocurrency business investor Trace Meyer confirms that in July, GMO mined 568 Bitcoin blocks and 0 Bitcoin Cash blocks. дальше »
2018-8-24 19:00 | |
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Satoshi Nakamoto Hunted Internationally, Bounty Grows
#Findsatoshi is the latest effort to galvanize worldwide support in order to, once and for all, find the enigmatic creator of Bitcoin, Satoshi Nakamoto. The group has taken to an international crowdfunding campaign, enlisting world class private detectives from Japan to New York, and everywhere in-between. дальше »
2018-8-12 22:10 | |
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Japan Unveils Results of On-Site Inspections of 23 Crypto Exchanges
The Japanese financial regulator has finished the on-site inspections of 23 cryptocurrency exchanges. The agency found many problems and has released a report outlining them. The regulator will use the findings to tighten its review procedures of new crypto exchange applicants, including over 100 companies that have been waiting to be reviewed. дальше »
2018-8-11 10:05 | |
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Japan’s FSA Set to Introduce New Cryptocurrency Regulations After Speculative Trading Runs Rampant
Per a report published on August 8, 2018, the Japanese Financial Services Agency (FSA), which is also Japan’s premier financial regulatory body, is planning to update its existing regulatory framework for bitcoins and other cryptocurrencies. дальше »
2018-8-10 20:30 | |
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Indian government gives nod to crypto currency as legal tender
Regulation The law commission established by the order of the Indian government has issued a report recognizing cryptocurrency as a means of payment. This is reportedly the first time that a body appointed by the government admitted cryptocurrencies have value and can be used in transactions. дальше »
2018-7-27 18:57 | |
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