Major Japanese bank Resona withdrew from Ripple-powered blockchain payment project MoneyTap without specifying the reasons. Major Japanese bank Resona will withdraw from Ripple-powered blockchain payment project MoneyTap on May 13, the bank announced on April 11. A subsidiary of Resona Group, the fifth largest banking group in Japan as of 2012, Resona Bank joined the […]
Continue Reading
Minutes of a meeting held last month reveal discord over Bitcoin’s ultimate status for the Japanese regulator. Japanese finance regulator the Financial Services Agency (FSA) no longer wishes to describe Bitcoin (BTC) as a virtual currency, Cointelegraph Japan reported on April 8, quoting minutes of a meeting originally held on March 4. During a plenary […]
Continue Reading
The founder and coordinator of the largest group of creditors of collapsed BTC exchange Mt. Gox has quit his post and sold his claim. Andy Pag, the founder and coordinator of Mt. Gox Legal (MGL) — the largest group of creditors of the now-defunct Bitcoin (BTC) exchange Mt. Gox — has quit his post and […]
Continue Reading
MUFG, the fifth largest bank in the world, is set to put its digital currency MUFG Coin into practical use later this year. Japanese bank holding and financial services company Mitsubishi UFJ Financial Group (MUFG), the fifth largest bank in the world, is set to put its digital currency MUFG Coin into practical use later […]
Continue Reading
A 33-year old Danish man laundered $450,000 by depositing dirty money in Bitcoin and sending it to exchanges overseas. A 33-year old Danish man has been sentenced to four years and three months in jail for laundering over $450,000 in Bitcoin (BTC), tech news agency The Next Web reports April 8. Citing a press release […]
Continue Reading
The World Economic Forum released a report about blockchain cybersecurity. The World Economic Forum (WEF) released a report about blockchain cybersecurity on April 5. The report points out that most data breaches do not result from the level of skill of the hackers, but instead happen because appropriate security measures often are not implemented. The […]
Continue Reading
Most of the top 20 cryptocurrencies are seeing moderate to notable gains on the day by press time, as Bitcoin climbs over the $5,100 mark. Sunday, April 7 — most of the top 20 cryptocurrencies are seeing moderate to notable gains on the day by press time, as Bitcoin (BTC) climbs over the $5,100 mark. […]
Continue Reading
G20 member countries will reportedly meet to discuss international cryptocurrency anti-money laundering regulation in June in Fukuoka, Japan. G20 member countries will meet to discuss international cryptocurrency Anti-Money Laundering (AML) regulation on June 8 and 9 in Fukuoka, Japan. The news was revealed in a report from local news outlet Kyodo on April 4. Per […]
Continue Reading
Viennese crypto and fintech firm Bitpanda has received a payment service provider license from Austria’s financial regulator in accordance with EU-wide rules. Viennese crypto and fintech firm Bitpanda has received a payment service provider license from Austria’s financial regulator. The development was reported by Cointelegraph auf Deutsch on April 4. The license has reportedly been […]
Continue Reading
Liquid has hit unicorn status with the first close of an ongoing Series C funding that puts the company valuation at over $1 billion. Japanese crypto trading platform Liquid has hit unicorn status with the first close of an ongoing Series C funding that puts the company valuation at over $1 billion. The news was […]
Continue Reading