2019-7-19 23:18 |
The FATF approved the role of Japan as the leader of the group for development of a global network of cryptocurrency payments, similar to the SWIFT interbank system.
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Japan has decided to smoothen out the process that involves giving a green signal to new cryptocurrency listings. This simplification is aimed towards uplifting and amplifying the overall crypto market’s stance in Japan.
2022-3-23 23:20 | |
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Following the launch of Japan’s first cryptocurrency fund, the SBI Group is now rolling out cryptocurrency contracts for difference (CFDs). With this move, the Tokyo-based financial services giant has become the first foreign exchange company to offer such a derivative product for digital currencies in Japan.
2020-8-29 22:39 | |
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This week’s news from Japan includes digital currency interest from several central banks and authorities, cryptocurrency exchange Binance and more
2020-1-27 11:57 | |
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Japan‘s top financial regulator has raided two cryptocurrency exchanges to enforce anti-money laundering rules, Reuters reports. Financial Services Agency (FSA) agents inspected digital asset firms Huobi Japan and Fisco Cryptocurrency Exchange to make sure appropriate customer protections were in place.
2019-4-23 17:28 | |
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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.
2018-10-25 20:00 | |
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Japan has given formal approval for its cryptocurrency industry to regulate itself, the Japan Virtual Currency Exchange Association (JVCEA) confirmed October 24. JVCEA Can Police Exchanges In a significant development for the country, regulators opted to allow the JVCEA to ensure cryptocurrency exchanges followed legal requirements, a statement reads.
2018-10-24 13:30 | |
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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.
2018-8-10 20:30 | |
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Not every investor has the same level of understanding about the wildly fluctuating cryptocurrency market. While the law of the jungle states that it should be every investor for himself when it comes to guarding his own money, Japan wants to protect cryptocurrency investors who may not be as well versed as their peers by […] Japan Plans to Tweak Crypto Regulations to Combat Speculative Trading was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-8-10 15:00 | |
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Japan has always been a very interesting country when it comes to cryptocurrency and regulation. It is one of the few companies which has made Bitcoin legal tender. The current approach of self-regulating cryptocurrency is still controversial, but the concept continues to gain a lot of traction regardless.
2018-8-8 18:00 | |
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According to reports from Japanese media, the Financial Services Authority of Japan is considering changing the legal basis on which cryptocurrencies are regulated. This move will mark the shift of cryptocurrency in Japan from status as electronic money to a financial product.
2018-7-4 18:35 | |
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Thanks to blockchain and cryptocurrency, Japan’s economy may have greener pastures ahead. As the country’s GDP growth shrinks to lows last seen in the 1990s financial crisis — a. k. a. the “lost decade” — economists point to a technological boom as a potential catalyst for recovery.
2018-7-2 13:00 | |
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Japanese social messaging app LINE will launch a cryptocurrency exchange for 30 coins next month, it revealed Thursday, June 28. As Cointelegraph reported in January, LINE had been in talks with Japanese regulators over launching an exchange.
2018-6-28 16:00 | |
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Japan’s biggest social network LINE will launch a cryptocurrency exchange under a Singapore-based subsidiary in July — but will exclude Japanese and, initially, US users. ‘In Compliance With Rules And Regulations’ A press release issued June 28 confirms the move, which follows debates with Japanese regulators stretching back to January this year.
2018-6-28 15:00 | |
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The CEO of SBI, one of Japan’s financial giants and longtime Ripple partner in Asia, said he believes that investment and early adoption of cryptocurrency and blockchain technology will be key to the country’s next economic boom.
2018-6-28 12:00 | |
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Japan is a very different country when it comes to cryptocurrency activity. With its open-minded approach and legitimization of Bitcoin, an interesting situation has been created. It now seems officials will subject crypto investors to credit evaluations.
2018-6-28 05:00 | |
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Crypto exchange Huobi notified its Japanese customers via e-mail on Wednesday that it will be closing accounts of users who are residents of Japan. According to Huobi, their decision came up as a result of compliance issues with the Japanese law.
2018-6-28 04:06 | |
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Japan’s GDP has slowed and stagnated over the past 20 years, but some think that it is on the verge of a technology fuelled “boom” — with strong feelings that blockchain technology and cryptocurrencies could spark the nation’s stalled economy.
2018-6-28 02:00 | |
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Bitcoin businesses were booming in Japan — especially exchanges — but there came a turning point. This prompted Japanese authorities to finally step in and begin a path of strong and rigid regulation on cryptocurrency exchanges across the nation.
2018-6-27 20:26 | |
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Japanese politicians are questioning their Minister of Finance, Taro Aso, on the type of taxes they are applying on cryptocurrency gains in the country. While the politicians are demanding to treat profits from these virtual currencies as a ‘separate declared taxation,’ financial officials in the island country prefer to continue with the current ‘miscellaneous income’ […] The post Japan Undecided On Crypto Gains Taxing appeared first on ZyCrypto.
2018-6-27 17:39 | |
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Breaking News out of Japan states that Huobi Pro, one of the biggest cryptocurrency exchanges in the world is set to withdraw from Japan and will cease to provide exchange services to customers there.
2018-6-27 17:00 | |
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News Facebook is lifting its ban on cryptocurrency ads which went into effect in January. After months of evaluation, the company decided to allow some crypto ads on its platform. Japan Confirms Entrance Into the Crypto Space Facebook Unbans Crypto Ads Facebook’s Product Management Director, Rob Leathern, posted updates Tuesday to the company’s “prohibited financial
2018-6-27 14:39 | |
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Cryptocurrency exchange Huobi Pro is to cease offering trading services to investors living in Japan starting from next month. According to a news report from Coinpost, the exchange announced the news in an email sent to investors in Japan on Wednesday, stating it will remove the Japanese option from its homepage and suspends trading services
2018-6-27 14:12 | |
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As the position of minister of the FSA is about to change hands, questions about the future of regulations on cryptocurrency and blockchain based technology arise in Japan. Japan’s FSA to Change Hands As the current minister of Japan’s Financial Security Agency, Nobuchika Mori, heads into what most assume will be his last week guiding.
2018-6-27 14:00 | |
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Facebook is lifting its ban on cryptocurrency ads which went into effect in January. After months of evaluation, the company decided to allow some crypto ads on its platform. Advertisers must submit a request form with details of their businesses and the types of crypto content to be promoted.
2018-6-27 13:30 | |
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Exchanges Cryptocurrency exchange Belfrics has resumed trading operations in India after halting earlier this year due to banks refusing to provide payments solutions to the exchange. Japan Confirms Entrance Into the Crypto Space Belfrics Resumes Trading Operations in India Belfrics, which claims to be “India’s fastest growing cryptocurrency exchange and blockchain development platforms,” announced on
2018-6-27 08:25 | |
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Japan’s top financial official is cautious about the idea of his nation changing how it taxes gains from cryptocurrencies. Taro Aso, the deputy prime minister and minister of finance, said he was cautious about making such a change.
2018-6-27 08:05 | |
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Cryptocurrency exchange Belfrics has resumed trading operations in India after halting earlier this year due to banks refusing to provide payments solutions to the exchange. Belfrics has also added four more cryptocurrencies to its platform, with 20 more planned for the next six months.
2018-6-27 07:25 | |
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Exchanges Six fully-licensed Japanese cryptocurrency exchanges have responded to the business improvement orders issued by the country’s top financial regulator. Japan Confirms Entrance Into the Crypto Space Japan’s top financial regulator, the Financial Services Agency (FSA), issued business improvement orders to six regulated crypto exchanges on June 22. Crypto Exchange Association The Japan Virtual Currency
2018-6-26 21:19 | |
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Japan will change taxes on cryptocurrencies, from a progressive to a uniform one. In Japan it could be taxed up to 55% on profits. The stochastic has left the oversold region and is currently at 36%.
2018-6-26 19:44 | |
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The Japanese government is discussing the possibility of switching from progressive tax rate on cryptocurrency capital gains to a uniform one.
2018-6-27 17:37 | |
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Six fully-licensed Japanese cryptocurrency exchanges have responded to the business improvement orders issued by the country’s top financial regulator. Two executives have also resigned from their positions as vice presidents of the recently formed crypto exchange association.
2018-6-26 17:20 | |
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In line with the new Japanese crypto-philosophy, which is sure to allow the blockchain revolution to flourish in Japan, authorities are now looking towards reducing current cryptocurrency tax rates, in order to introduce a new tax standard, which will see investors and traders pay tax at a fairer and less aggressive rate.
2018-6-26 14:00 | |
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Cryptocurrency traders in Japan currently can be taxed as high as 55% on their profits. However, the country’s Deputy Prime Minister, Taro Aso, wants to change how crypto transactions are taxed, from a progressive rate to a uniform rate.
2018-6-26 10:27 | |
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Japan’s Minister of Finance thinks that it is doubtful the public would accept a change in the taxation of cryptocurrency transactions, Cointelegraph Japan reports today, June 25. During the same meeting, Aso noted that the position of cryptocurrency in the international financial sector is uncertain. He also spoke of the importance of the development of
2018-6-26 00:50 | |
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The ranking of cryptocurrency projects by the Chinese government has been revised with two new crypto projects added. EOS tops the overall list of 30 crypto projects; Ethereum fell to second place while Bitcoin dropped to 17th place.
2018-6-25 09:10 | |
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How demographics, a mass of retirees, house prices and 1990s Japan all present a massive tailwind for the cryptocurrency markets as millennials come into their peak earning years.
2018-6-27 04:00 | |
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How demographics, a mass of retirees, house prices and 1990s Japan all present a massive tailwind for the cryptocurrency markets as millennials come into their peak earning years.
2018-6-25 04:00 | |
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How demographics, a mass of retirees, house prices and 1990s Japan all present a massive tailwind for the cryptocurrency markets as millennials come into their peak earning years.
2018-6-24 17:40 | |
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Regulation As the start of the crypto banking ban by the Reserve Bank of India approaches, cryptocurrency exchanges in the country are preparing to stop fiat deposits and withdrawals while boosting crypto-to-crypto trading.
2018-6-24 04:23 | |
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The Japanese Financial Services Agency (FSA) the team behind the new exchange regulation movement, are allegedly imposing further restrictions on a number of exchanges within Japan, who are failing to meet up with their new, strict regulations.
2018-6-23 15:00 | |
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Japan’s Financial Services Agency [FSA] called for improved measures at cryptocurrency exchanges across the country. These measures were for the prevention of money laundering. This marks a concrete move into enforcing AML in Japan, as the regulator moved struck 6 exchanges with business improvement notices.
2018-6-23 08:56 | |
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The Canadian province of Quebec has reportedly decided to charge cryptocurrency miners up to roughly three times the current price after they flooded utility Hydro-Quebec with requests for mining operations.
2018-6-23 05:40 | |
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Markets and Prices Cryptocurrency markets are slumping today as most digital asset markets are seeing losses between 8-20 percent over the past 24-hours. Bitcoin Cash (BCH) markets are also down 12.
2018-6-23 00:01 | |
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Cryptocurrency markets are slumping today as most digital asset markets are seeing losses between 8-20 percent over the past 24-hours. Lots of speculators are attributing the dump to the recent measures taken by Japan’s Financial Services Agency (FSA), asking cryptocurrency exchanges like Bitflyer to make improvements to the Japanese trading platforms’ anti-money laundering practices.
2018-6-23 21:40 | |
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Japan’s National Police Agency makes its presence felt as the popularity of cryptocurrency in Japan continues to grow
2018-6-22 17:44 | |
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Japan’s financial watchdog has issued business improvement orders to six licensed cryptocurrency exchanges following on-site inspections conducted over recent months. As a result, bitFlyer has announced that it has temporarily stopped accepting new customers in order to reexamine the IDs of “certain customers.
2018-6-22 16:40 | |
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Bitfyler, a premier bitcoin exchange in Japan will not allow new users on their platform until further notice. The new notice comes shortly after the Financial Services Agency (FSA), a regulatory body overseeing cryptocurrency exchanges, announced that it found loopholes in Bitflyer’s security system.
2018-6-22 15:01 | |
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Japanese cryptocurrency exchange BitFlyer suspended new account registrations on June 21, after regulators demanded it improves its security arrangements. BitFlyer Hit With AML/KYC Cleanup A tweet and statement confirmed the move, which officials implemented as part of a Business Improvement Order from Japan’s Financial Services Authority (FSA).
2018-6-22 13:00 | |
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Japanese cryptocurrency exchange BitFlyer suspended new account registrations on June 21, after regulators demanded it improves its security arrangements. BitFlyer Hit With AML/KYC Cleanup A tweet and statement confirmed the move, which officials implemented as part of a Business Improvement Order from Japan’s Financial Services Authority (FSA).
2018-6-22 13:00 | |
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Key Takeaways: Tether unveiled Mining OS (MOS), a complete Bitcoin mining platform designed according to open-source model The system can implement from small-sized mining rigs at home to big multi-site The post Tether Open-Sources Bitcoin Mining OS, Targeting Home Rigs to Global Industrial Farms appeared first on CryptoNinjas.
Key Takeaways: Crypto industry and banking leaders met at White House to discuss about regulation on stablecoin yield. Talks aim to unlease bottlenecks, foster the progress of the Digital Asset The post White House Talks Stablecoin Yield as Crypto, Banks Push US Market Structure Bill appeared first on CryptoNinjas.
Key Takeaways: Billiton Diamond and Ctrl Alt have tokenized more than 280 million polished diamonds in the UAE. The program utilizes the use of the XRP Ledger, and Ripple offers The post Ripple Secures $280M Diamond Tokenization as UAE Pushes Real-World Assets Onto XRPL appeared first on CryptoNinjas.
By several measures, activity on the network remains near peak levels, which has industry leaders plussed about the plunge in ether's price.
Users can now lend FXRP to earn yield or use it as collateral to borrow other assets, giving XRP holders new ways to put their tokens to work onchain.
Galaxy generated $426 million in adjusted gross profit for the full year and ended it with $2.6 billion in cash and stablecoins, despite the significant quarterly loss.
Last year marked the second-worst annual performance since Strategy adopted its bitcoin treasury strategy.