New research from Xangle suggests Japan’s Financial Services Agency is more likely to approve crypto projects not involved in casino Dapps. Regulators in Japan may be more inclined to approve new virtual currencies for trading if they have greater financial transparency and aren’t involved in gambling Dapps. According to a new report from Xangle Research […]
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Sales were expected to last 48 hours. Spanish soccer giant FC Barcelona has sold out its first FC Barcelona Fan Tokens (BAR), which were sold via sports-focused token platforms Chiliz.net and Socios.com. The $1.3 million sale ran its course in less than two hours. At its peak it sold $777,000 of tokens in less than […]
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The New Zealand police have recovered $90 million in assets reportedly belonging to the alleged $4 billion launderer Alexander Vinnik. New Zealand police have recovered $90 million connected to the case against suspected Bitcoin money launderer Alexander Vinnik. According to Jared Savage at the New Zealand Herald, the police Asset Recovery Unit have frozen roughly […]
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According to Thailand-based company SYNQA, the firm will use the $80M investment to ‘deepen its footprint’ in cashless societies in Asia. SYNQA, the parent company of OmiseGo formerly known as Omise Holdings, raised $80 million in a fundraising round for new cashless payment ventures. In a June 22 announcement, Thailand-based fintech company SYNQA stated it […]
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A new report on Japanese crypto regulation, an institutional crypto custody service, and more headlined news from Japan this past week. This week’s headlines from Japan included research company Xangle releasing a report on Japanese crypto regulation, Binance supporting Japan’s language but not its residents, SBI Holdings turning gift certificates digital with blockchain, and Nomura […]
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Yuya Hasegawa, a Market Analyst at an FSA licensed crypto exchange in Japan, analyzed whether XRP will ever reclaim its throne. Japanese crypto investors have been known for their passionate support of XRP. Indeed, at one point in Japan, XRP was more popular than Bitcoin. Yet, the official data from the Japan Virtual and Crypto […]
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North Korea-backed hackers are reportedly preparing a massive phishing campaign to take advantage of the COVID-19 crisis. A study by cybersecurity vendor, Cyfirma, warned about a massive phishing campaign that will be launched by the North Korean hacker group, Lazarus, on June 21. The campaign will allegedly target six nations and over 5 million businesses […]
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Hironao Kunimitsu, the founder of Tokyo social gaming firm Gumi, spoke about the future of gaming and NFTs at Cointelegraph Japan’s Traders Live last week. Hironao Kunimitsu, the founder of Tokyo social gaming firm Gumi, believes that blockchain-based trading of non-fungible tokens (NFTs) in video games will grow to become ‘more valuable than Japan’s entire […]
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Canadian police warned about a Bitcoin scam scheme alleged to have stolen over $15,400 from two Strathcona County residents. The Royal Canadian Mounted Police, or RCMP, is investigating two Bitcoin (BTC) scams in Strathcona County in Alberta, Canada. They allege that fraudsters impersonated the local authorities in order to extort their victims for money. According […]
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Tokyo Electric Power Company Holdings Inc partnered with Itochu Corporation to start building a blockchain-based system to trade electricity surpluses. Tokyo Electric Power Company Holdings Inc (Tepco) partnered with Itochu Corporation, a Japanese major trading company, and started building a blockchain-based system to trade extra electricity. According to Nikkei on June 18, the new system […]
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