Five More Exchanges Join Japan’s Self-Regulatory Crypto Exchange Association

Five more cryptocurrency exchanges have joined Japan’s self-regulatory crypto exchange body. Five more cryptocurrency exchanges have joined the Japan Virtual Currency Exchange Association (JVCEA), according to an official announcement on Jan. 4 from the JVCEA. The JVCEA is a self-regulatory body formed in April by 16 registered crypto exchanges that aims to create industry-wide investor […]

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Japan: E-commerce Giant DMM Shutters Crypto Mining Business Due to Declining Profitability

Japanese e-commerce conglomerate DMM.com Ltd. will shut down its crypto mining business, citing deteriorating profitability. Japanese e-commerce conglomerate DMM.com Ltd. will shut down its crypto mining business, citing deteriorating profitability as the main cause. Local business magazine Toyo Keizai reported the shutdown on Dec. 30. The decision was reportedly taken in September 2018, and initial […]

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Japanese Financial Regulator Receives 190 Cryptocurrency Exchange License Applications

The Japanese Financial Services Agency has received 190 cryptocurrency exchange license applications. The Japanese Financial Services Agency (FSA) received 190 cryptocurrency exchange license applications, an unnamed FSA staff member told Cointelegraph Japan on Dec. 28. The FSA has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association (JVCEA) to oversee […]

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Phishing Attack on Electrum Wallet Nets Hacker Almost $1 Million in Hours, Report

Phishing attack on crypto wallet Electrum has claimed multiple victims and allows the perpetrator to empty Bitcoin wallets. A reportedly ongoing hack against cryptocurrency wallet Electrum has seen a malicious party steal almost 250 Bitcoin (BTC) (about $937,000), commentators reported on social media Dec. 27. Subsequently confirmed by Electrum itself, the attack consists of creating […]

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BitMEX and Hong-Kong Listed Wine Firm Plan Joint Foray Into New Japanese Crypto Exchange

Crypto exchange BitMEX and French wine retailer Madison Holdings Group are reportedly partnering to acquire a majority stake in BitOcean. Crypto exchange BitMEX and a fine French wine retailer are reportedly partnering to acquire a majority stake of licensed — but as yet inactive — Japanese crypto exchange BitOcean. Cointelegraph Japan reported on the potential […]

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Breaking: Japan’s FSA Approves License for Hacked Crypto Exchange Coincheck, Nikkei Reports

Unconfirmed: hacked Japanese crypto exchange Coincheck has reportedly had its cryptocurrency exchange license approved by the country’s financial watchdog. Japan’s Financial Services Agency (FSA) has purportedly approved a cryptocurrency exchange operating license for hacked crypto exchange Coincheck. English-language Asia-focused news publication Nikkei Asian Review reported the news Dec. 19. According to Nikkei, an announcement from […]

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Crypto Exchange Coincheck’s Owner Monex to Launch Crypto Trading in US starting Q1 2019

John Bartleman, a president of Monex’s U.S. subsidiary TradeStation, has announced a crypto trading launch in the U.S. starting Q1 2019. Online broker Monex Group, known for buying hacked Japanese crypto exchange Coincheck in April, has announced it will launch cryptocurrency trading in the United States, Cointelegraph Japan reports Wednesday, Dec. 12. Monex held a […]

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