Japan: Regulators Approve Startup’s Bitcoin Sidechain Trial for Exchanges

Crypto Garage’s Settlenet system, which will be trialled within Japan’s regulatory sandbox, aims to provide easier liquidity solutions for exchanges. Japanese blockchain development company Crypto Garage announced it had gained regulatory permission to trial its settlement system using Blockstream’s Liquid Sidechain, Cointelegraph Japan reported Jan. 21. Crypto Garage, which claimed to be the first such […]

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Japanese Regulators Grant Cryptocurrency Exchange License to Coincheck

Japan’s Financial Services Agency has issued an operating license to Coincheck, which lost $530 million due to a hack last year. Japan’s finance regulator, the Financial Services Agency (FSA), has granted full permission for cryptocurrency exchange Coincheck to continue operating in the country. Cointelegraph Japan reported on the development on Jan. 11, quoting an official […]

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Coinbase: Ethereum Classic Double Spending Involved More Than $1.1 Million in Crypto

Coinbase has increased the amount of ETC that was allegedly double spent following a 51 percent attack. A deep reorganization of the Ethereum Classic (ETC) blockchain, which reportedly included double spending, has involved more than $1.1 million worth of crypto, United States crypto exchange Coinbase revealed Monday, Jan. 7. According to the Coinbase blog, the […]

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Japan’s Financial Watchdog Seeks to Regulate Unregistered Crypto Investment Firms

Japan’s Financial Services Agency is considering the regulation of unregistered firms that solicit investments in cryptocurrencies. Japan’s Financial Services Agency (FSA) is considering the regulation of unregistered firms that solicit investments in cryptocurrencies, Cointelegraph Japan reports on Jan. 8. The development is reportedly a bid to close a loophole in the country’s existing regulatory framework, […]

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Japanese Banks Launching Digital Currencies Could Inspire the Traditional Cash Society

Can a largely cash-based society become the leader in bank-issued digital currencies? Japan is known as a land of contrasts. A country where serenity and tranquillity can be found in the middle of the hustle and bustle of large global cities, where proud traditionalism stands side-by-side with the developers and innovators of breakthrough technologies, where […]

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