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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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Former Mt. Gox CEO Could Face 10 Years in Jail Over Embezzlement

Japanese prosecutors are seeking a 10-year jail term for Mark Karpeles, the former CEO of Mt. Gox. The embattled Frenchman, who has been previously accused of diverting company money for prostitutes, business acquisitions and luxury items, is facing charges of transferring $3 million of client funds to his own account for investment in a software […] The post Former Mt. дальше »

2018-12-13 23:15


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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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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


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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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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Tokyo Police Arrest Eight Men In A Cryptocurrency Pyramid Scheme

Tokyo police arrested eight men on November 14, 2018, for a cryptocurrency-related pyramid scheme that scammed 6,000 people of 7. 8 billion yen (approximately $68. 42 million). According to Japanese News company Asahi Shimbun on November 16, 2018, the Tokyo Metropolitan Police Department suspected that the arrested men might have violated the Financial Instruments and Exchange Law as they failed to register their. дальше »

2018-11-18 02:00


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New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders

International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts. дальше »

2018-11-13 00:43


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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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Tokyo travelers can now rent a limousine with Bitcoin

Tokyo has taken another step towards cryptocurrency “mass adoption,” and will be giving high-rollers another place to spend their hodlings. The Hinomaru Limousine company claims it will be giving passengers the opportunity to pay for their travel – between the Japanese capital and the city’s two major airports – in digital currencies, Bloomberg reports. дальше »

2018-11-5 14:20


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Sony Announces the Development of a Multi-Purpose Cryptocurrency Hardware Wallet

Sony’s research and development division, dubbed Sony Computer Science Laboratories Inc., announced on October 23, it has created a contactless IC card cryptocurrency hardware wallet. The Japanese tech giant utilizes its years of experience with contactless IC card technology, to develop a small and portable hardware wallet, which aims to improve usability and security compared to […] Sony Announces the Development of a Multi-Purpose Cryptocurrency Hardware Wallet was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-10-26 15:29


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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