These five countries have led the way in driving cryptocurrency and blockchain adoption in 2020. As the use of cryptocurrencies continues to spread around the world, a number of countries have established themselves as leaders in adoption. COVID-19 has dominated 2020, and the effects of the ongoing pandemic have stifled many economies. However, the cryptocurrency […]
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2021 may be the year of natural selection for the Japanese crypto industry. In 2020, the Japanese crypto industry seems to have entered its maturation phase. With new crypto laws established in May, large exchanges have solidified their leading positions, while crypto startups and unregulated businesses have exited the market. However, it seems that a […]
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A spokesperson for Tao Tao said it “could not agree on a strategy” with Binance. Japan-based digital asset trading platform Tao Tao ended negotiations with Binance, setting back the timeline for the crypto exchange to launch trading services for users in the Asian nation. According to an Oct. 5 update from Tao Tao, the platform […]
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For the U.K. to remain attractive to the crypto industry, it should strive to provide more clarity and certainty around compliance. Policymaking in the United Kingdom is typically reactionary, and this is no less true in the context of the crypto-asset industry. Reactionary policymaking means that the U.K.’s crypto regime is occasionally behind those of […]
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Privacy coins aren’t a major money laundering risk a new white paper argues. Privacy coins including Monero, Dash, Grin, and Zcash pose less of a risk of money laundering than other cryptocurrencies according to a report by a global law firm. According to a new white paper released by U.S. international law firm Perkins Coie, […]
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“Deregulating Bitcoins and other cryptocurrencies may not necessarily promote technical innovation,” says Japan’s new top financial regulator. Ryozo Himino, the new commissioner of Japan’s Financial Services Agency, says the agency is wary of deregulating private cryptocurrencies. Noting that the COVID-19 pandemic could accelerate the transition to a cashless society, Himono instead emphasized the potential role […]
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Huobi Japan is now part of the local self-regulatory body supporting the development of security token offerings. Huobi’s Japanese branch has joined the Japan Security Token Offering Association, or JSTOA, as a “supporting member” along with Zaif, FXCoin, and 8 other local crypto players, according to the announcement published earlier today. “A full member must […]
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The addition of the OMG Network token on Japanese crypto exchange GMO Coin indicates that the digital asset has been approved by regulators. The body for regulating digital assets in Japan, the Financial Services Agency (FSA), has whitelisted OMG Network’s native token for trading. According to a July 22 announcement from GMO Coin, the Japanese […]
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Ryozo Himino, the International Financial Deputy Counselor at Japan’s financial watchdog, will take over as the agency’s new commissioner. Japan’s Financial Services Agency (FSA) has officially announced it will hire Ryozo Himino as its next leader. In a July 20 update to the Financial Services Agency’s executive directory, Himino is now listed as the commissioner […]
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Account holders at crypto exchange Huobi have the opportunity to vote this month on which of six new tokens they would like to see listed. Major Japanese exchange Huobi is asking its users to vote before August 16 on which new cryptocurrencies they would like to see listed. According to an update on the Huobi […]
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