Japan’s Line Reportedly Close to Obtaining FSA License for Japanese Crypto Exchange

LVC Corporation is allegedly close to obtaining an FSA-issued crypto exchange operating license. LVC Corporation, the digital asset- and blockchain-focused arm of Japanese messaging giant Line, is allegedly close to obtaining a crypto exchange operating license from Japan’s financial regulator. The news was reported by Cointelegraph Japan on June 20. According to the report, Japan’s […]

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Amazon Pay VP Says No Current Plans to Create Crypto: ‘We Don’t Deal in the Speculative’

A senior executive at the online giant says that the landscape right now means Libra is “fresh and speculative.” Amazon would only consider discussing the creation of its own cryptocurrency like Facebook’s Libra in several years’ time, a senior executive said at a conference on June 10. Speaking at Fortune’s Brainstorm Finance 2019 event, Patrick […]

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Brazil Requires Crypto Exchanges to Report on User Transactions to Authorities

Brazil’s federal revenue agency has released new rules requiring that crypto trading platforms report on all crypto transactions carried out within their system. The Department of Federal Revenue of Brazil (RFB) has released new rules requiring that cryptocurrency exchanges inform the regulator about users’ transactions in order to identify tax fraud, Cointelegraph Brazil reported on […]

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