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Japan places cryptocurrencies into new category called “crypto-assets” to prevent confusion with legal tender
The Japanese Financial Services Agency (FSA) has placed cryptocurrencies into a new legal category called “crypto-assets,” according to English-language local media The Japan News. By classifying cryptocurrencies this way, the government reportedly “hopes that traders will no longer purchase them believing that they are legal tender recognized by the government.” The FSA advisory panel compiled […] дальше »
2018-12-18 20:51 | |
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ICON Partners With Japanese Blockchain Consulting Firm LayerX to Expand its Ecosystem
ICON is hoping its blockchain ecosystem will be strengthened in Japan and globally as it has entered into a strategic partnership with LayerX. The Japanese blockchain consulting firm will help ICON in expanding its footprint in Japan with the aim of vitalizing ICON’s developer community in the country. дальше »
2018-12-18 17:29 | |
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ICON partners with Japanese consulting firm LayerX to expand blockchain ecosystem
CryptoNinjas The ICON Foundation, known for its work on the ICON public blockchain, announced today they have signed a strategic partnership (MOU) with the Japanese blockchain consulting firm ‘LayerX’. дальше »
2018-12-18 14:50 | |
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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 Monex Group Launching Crypto Exchange in the US
Monex Group, a major Japanese financial services company and the parent company of cryptocurrency exchange Coincheck, has unveiled its plan to launch a crypto exchange in the U. S. next quarter. The company has also shared its expansion plans for Coincheck in Japan. дальше »
2018-12-14 07:55 | |
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Japanese Exchange Bitpoint Launches Trading Platform in Panama
On Wednesday Dec. 12, Japanese cryptocurrency exchange Bitpoint announced the launch of a crypto-to-fiat trading platform in Panama. The regulatory-compliant exchange will offer USD pairs with top cryptocurrencies like bitcoin cash, ethereum, bitcoin core, litecoin, and ripple. дальше »
2018-12-13 06:45 | |
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Japan: Prosecutors Demand Ten-Year Jail for Former Mt.Gox CEO Mark Karpel
Japanese law authorities have proposed a ten-year prison sentence for the ousted founder of the now-defunct Bitcoin exchange Mt. Gox, reported local publication Mainichi on December 12, 2018. Mt. Gox in Shambles Once the world’s largest bitcoin exchange, Mt. дальше »
2018-12-13 04:00 | |
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Monex will launch crypto trading in US starting Q1 2019
Online broker Monex Group that bought hacked Japanese crypto exchange Coincheck in April, announced it will launch cryptocurrency trading in the United States, Cointelegraph Japan reported. Monex held a conference in Tokyo, where John Bartleman — president of Monex’s U. дальше »
2018-12-13 20:39 | |
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Japanese Lawmaker Proposes 4 Tax Cuts for Crypto Users and Traders
A Japanese lawmaker has proposed four changes to Japan’s tax law to benefit crypto users and traders as well as widen the adoption of cryptocurrency in the country. The current tax rate of 55 percent could be lowered to 20 percent while crypto-to-crypto trading and small payments could be exempt from taxation. дальше »
2018-12-11 13:50 | |
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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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Japanese Tea Products Can Get Verified Proof of Origin on VeChain
Blockchain project VeChain announced that it is working closely with the Fuji MARUMO Tea Garden, one of the historic tea businesses in Japan to prove traceability of tea products. The blockchain network uses an advanced IoT and traceability solution which will enable Fuji MARUMO’s customers to verify the origins of their tea products by using a […] Japanese Tea Products Can Get Verified Proof of Origin on VeChain was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-12-6 19:29 | |
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Only 2% of Japan’s 340,000 money laundering cases involve cryptocurrency
Japan’s efforts to regulate the cryptocurrency industry might have come a little later than needed, as the country has seen nearly 6,000 cases of money laundering involving cryptocurrency so far in 2018. дальше »
2018-12-6 12:30 | |
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Money Forward Of Japan Prepares To Open New Crypto Exchange With BTC, ETH And BCH Pairs
Japan’s Money Forward Prepares To Launch Crypto Exchange More and more companies are trying to surf in the notoriety of Bitcoin and the other cryptos assets, so it comes as no surprise that another powerful company is now trying to open a new exchange. дальше »
2018-12-5 23:10 | |
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Japan’s Money Forward Announces Details of Upcoming Crypto Exchange
Japanese public company Money Forward, operator of a personal budgeting app with 7 million users, is preparing to launch a crypto exchange. Three cryptocurrencies will be supported. A representative of the company has shared some details with news. дальше »
2018-12-5 11:20 | |
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South Korea Is Trialing Blockchain Voting — Here’s What That Means
South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real time. дальше »
2018-12-4 21:41 | |
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Tough times shake up Japanese crypto sector
With many Japanese crypto exchanges and miners owned by ‘traditional’ corporate businesses, 2018’s bear market has negatively impacted parent company bottom lines - triggering shakeouts and rethinks within Japan’s nascent crypto sector дальше »
2018-12-5 14:00 | |
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Japanese authorities form pact to hunt cryptocurrency tax evaders
Big time cryptocurrency traders in Japan could be getting a letter from the tax man next year. The Japanese government is developing a system to catch those who are not paying the appropriate taxes on the profits made from cryptocurrency trading, according to local news. дальше »
2018-12-4 12:43 | |
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Japan’s FSA Set to Regulate ICOs Next Month
Japan’s Financial Services Agency (FSA) is reportedly set to introduce a regulatory framework governing initial coin offerings (ICOs). FSA to Limit Participation Capabilities Citing sources familiar to the matter, local Japanese media Jiji Press reports that the country’s Financial Services Agency is set to introduce regulations on initial coin offerings. дальше »
2018-12-3 18:00 | |
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Microsoft Japan And LayerX Startup Collaborate To Improve Speed Of Blockchain Adoption
Microsoft Japan And LayerX Startup Collaborate To Improve Speed Of Blockchain Adoption LayerX is a startup that was created in August, originally a joint venture between Gunosy and AnyPay. However, they are taking their research with blockchain technology a little further in a new partnership with the Japanese arm of Microsoft. Together, the collaboration will […] дальше »
2018-12-1 23:14 | |
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Philippine Crypto Valley to Attract Companies From Japan, Korea and Australia
The Philippine government-owned Cagayan Economic Zone Authority has unveiled a plan to attract Japanese, Korean and Australian companies to its “Crypto Valley of Asia. ” The authority is also cracking down on crypto companies operating within its economic zone without a license. дальше »
2018-11-27 07:25 | |
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Fisco Completes Takeover of Japanese Cryptocurrency Exchange Zaif
Regulated Japanese cryptocurrency exchange Zaif has completed its business transfer. Fisco Cryptocurrency Exchange is its new operator, taking over from Tech Bureau. This follows Zaif’s September hack, which cost the exchange approximately $62 million in three different cryptocurrencies. дальше »
2018-11-24 09:20 | |
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Fisco Completes Takeover of Japanese Crypto Exchange Zaif
Regulated Japanese cryptocurrency exchange Zaif has completed its business transfer. Fisco Cryptocurrency Exchange is its new operator, taking over from Tech Bureau. This follows Zaif’s September hack, which cost the exchange approximately $62 million in three different cryptocurrencies. дальше »
2018-11-24 09:20 | |
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SBI Ripple Asia Partners with Payment Card Consortium in Japan To Combat Fraud
SBI Ripple Asia has recently partnered with the Japanese Payment Card Consortium to fight fraud with blockchain technology. According to BankingTech’s article published on November 22, 2018, the participating companies plan to prevent the damages caused by fraudulent transactions, by sharing data and information on a real-time basis along Corda, R3’s open-source blockchain platform. дальше »
2018-11-23 14:00 | |
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Japanese largest shipper develops stablecoin for crew
Japan’s largest shipping line Nippon Yusen K. K. (NYK) is introducing its own digital currency for crew members, Bloomberg reported citing people with knowledge of the matter. The goal is to make it easier for seafaring workers to manage, send and convert money into their local currencies. дальше »
2018-11-23 21:58 | |
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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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Ludos Protocol ICO
Ludos Protocol is a purpose-built blockchain infrastructure project for the gaming community. As only the third blockchain project to be backed by Japanese investment giant Softbank, Ludos addresses numerous shortcomings in the existing gaming landscape. дальше »
2018-11-16 15:50 | |
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Japan wants to regulate cryptocurrency wallet services
Despite granting the industry self-regulatory status, it seems Japanese regulators are still keen to keep an eye on things. The Japanese Financial Services Agency (FSA) recently announced that it is devising a regulatory framework for cryptocurrency wallet services, Bitcoin News reports. дальше »
2018-11-16 12:50 | |
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Japanese Regulator Unveils Plan to Regulate Cryptocurrency Wallet Services
Japan’s top financial regulator, the Financial Services Agency, has unveiled a plan to regulate cryptocurrency wallet services. The regulator has put forward a number of regulatory measures as well as proposing how to implement them. дальше »
2018-11-16 04:05 | |
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Japanese Regulator Unveils Plan to Regulate Wallet Services
Japan’s top financial regulator, the Financial Services Agency, has unveiled a plan to regulate cryptocurrency wallet services. The regulator has put forward a number of regulatory measures as well as proposing how to implement them. дальше »
2018-11-16 04:05 | |
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Japanese Internet Giant GMO Postpones Shipments of 7nm Bitcoin Mining Equipment
Japan’s GMO Internet has postponed the shipments of its two lines of 7nm bitcoin mining rigs. A representative of the company has clarified the situation to news. Bitcoin. com, noting that some refunds have already been issued. дальше »
2018-11-14 04:45 | |
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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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BitPesa Partners with Japanese Insurance Company to Digitize Remittance Service
Tokyo-based insurance company Sompo Holdings has partnered with BitPesa to promote digitization of its international remittance service. The news comes weeks after another Japanese player, money transfer firm SBI Remit, teamed up with the blockchain company to bring distributed ledger to transactions between Japan and African countries. дальше »
2018-11-13 03:00 | |
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A New Cross-border Payments Corridor Between Japan and Brazil Will Be Opened Soon, Utilizing Ripple
Renowned Japanese bank Mitsubishi UFG Bank and its wholly-owned subsidiary Banco MUFG Brasil signed a MoU with Brazil’s Banco Bradesco SA Bank to create a new cross-border payments corridor. The overseas payments network will work between Japan and Brazil, utilizing blockchain solutions from the US-based fintech company Ripple. дальше »
2018-11-12 20:29 | |
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Japan’s Nomura Research Institute (NRI) and ConsenSys Create Blockchain Security Monitoring Service
Japanese Cybersecurity Group Creates Blockchain Scan Tool In a Partnership With ConsenSys The Nomura Research Institute, a prominent cybersecurity company, has unveiled a new product: a blockchain security alert tool, which was created in a partnership with ConsenSys. дальше »
2018-11-9 07:14 | |
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Japan’s LINE (LN) BITBOX Crypto Exchange Introduces New Trading App for Android Devices
This week, the BITBOX cryptocurrency exchange announced the release of its Android app. BITBOX is a subsidiary of LINE Corporation, a Japanese company that deals with the development of mobile apps and internet services. дальше »
2018-11-7 21:39 | |
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Japanese Company Trials Cryptocurrency Payment Option for Limousine Rides
A Japanese company plans to trial the use of digital currency as a means of payment for limousine rides in major airports in Japan. Cryptocurrency Payment Trial to Begin in November A Japanese company, Remixpoint Inc. дальше »
2018-11-5 17:31 | |
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Japan: First Bank of Toyama Piloting a Stablecoin Pegged to the Yuan
A Japanese bank has taken advantage of the ruling that stablecoins are not cryptocurrencies. The First Bank of Toyama has launched a pilot project to test its own stablecoin, the First Bank Coin (FBC), and plans to commercialize the token in October 2019. дальше »
2018-11-5 16:59 | |
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Twilight ICO (TWC Token): Japan Anime Blockchain For Creators And Fans?
Japanese anime films seem so surreal and often feature interesting plots. To this end, it doesn’t come as a surprise that the industry is growing exponentially well beyond Japanese shores. A team of anime developers and Blockchain experts has come up with a brilliant innovation to make the best of upcoming opportunities: a cryptocurrency for […] дальше »
2018-11-4 09:53 | |
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IT Giant Fujitsu Teams With 9 Banks For Blockchain Settlement Trial in Japan
IT Giant Fujitsu Teams With 9 Banks For Blockchain Settlement Trial In a press release on Monday, the technology corporation Fujitsu informed that a group of nine Japanese banks approached it for a field trial involving blockchain technology for faster and secure settlements of banking transactions. The press release informs that the test’s goal is: […] дальше »
2018-10-30 03:48 | |
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Japan: Stablecoins are not cryptocurrencies
The Japanese Financial Services Agency revealed exclusively to Bitcoin News today that, under current law, stablecoins are not cryptocurrencies. Currently there are two pieces of legislation that cryptocurrency companies must satisfy in Japan. дальше »
2018-10-29 15:08 | |
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Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current Law
Japan’s top financial regulator, the Financial Services Agency, has exclusively explained to news. Bitcoin. com how stablecoins are treated under current Japanese law. In addition to emphasizing that they are not virtual currencies, the regulator clarified the registration requirements for their issuers and dealers. дальше »
2018-10-29 08:15 | |
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Binance Exchange Raises Over $1.4 Million In Crypto For Japanese Disaster Relief Fund
Leading cryptocurrency exchange Binance reports that it has raised over $1. 4 million in its relief fund efforts for victims in Japan. Starting in late June, heavy rains in southwest Japan resulted in devastating mud flows and floods across the region. дальше »
2018-10-27 21:22 | |
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Japanese Crypto Industry Granted Self-Regulatory Status by Authorities
Japan has always been a pro-cryptocurrency state. It made Bitcoin legal tender when several other countries were still determining the legal status of digital assets. The Financial Services Agency (FSA) of Japan gave the crypto industry self-regulatory status on Wednesday. дальше »
2018-10-26 22:29 | |
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Japan’s Financial Services Agency Grants Self-Regulatory Status to Cryptocurrency Industry
Japan’s Financial Services Agency (FSA) has granted the cryptocurrency industry self-regulatory status, reports Reuters. Japan’s Virtual Currency Association will now be responsible for policing and sanctioning digital money exchanges for violations. дальше »
2018-10-26 21:17 | |
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Japanese Cryptocurrency Exchanges now Allowed to Self-Regulate Operations
Cryptocurrency businesses in Japan can now self-regulate their operations, as per a recent Financial Services Agency (FSA) directive reported by Reuters on October 24, 2018. Japan Turns to Self-Regulation The self-regulation dictum was extended for supporting the growth of the burgeoning digital assets sector in Japan. дальше »
2018-10-25 20:00 | |
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Japan’s SBI Virtual Currencies Exchange to Develop Proprietary Crypto Wallet
Denmark-based cryptography specialist Sepior has partnered with Japanese online financial services firm SBI Group to jointly develop a proprietary wallet on SBI’s Virtual Currencies exchange platform, VCTRADE. дальше »
2018-10-25 09:00 | |
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