A major crypto exchange in South Korea has shut down, showing the intensity of the brutal 16-month bear market that caused a wide range of issues for crypto businesses. The shutdown of Coinnest on April 18, one of the major crypto exchanges in South Korea, showcased the intense brutality of the 16-month bear market, which […]
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Japanese cryptocurrency exchange Zaif announced that the transfer of the exchange will become effective on April 22. Japanese cryptocurrency exchange Zaif announced that the transfer of the business from Tech Bureau to Fisco Digital Asset Group (FDAG) will become effective on April 22, and that normal activity will resume on the next day. Cointelegraph Japan […]
Continue ReadingLast month was particularly eventful for the Japanese crypto ecosystem. The beginning of the year was particularly eventful for the Japanese crypto ecosystem, which is generally considered to be a major part of the industry. First of all, Japan’s Central Bank (BoJ) issued a study on the role of central bank digital currencies (CBDCs) in […]
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Cryptocurrency exchange Huobi has relaunched as a fully licensed platform in Japan after merging with BitTrade. On Jan. 17, Singapore-based cryptocurrency exchange Huobi, one of the largest players on the market, relaunched as a fully licensed platform in Japan after merging with the BitTrade exchange. Branching out to Japan, where compliance is valued and many […]
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Japan’s Financial Services Agency has issued an operating license to Coincheck, which lost $530 million due to a hack last year. Japan’s finance regulator, the Financial Services Agency (FSA), has granted full permission for cryptocurrency exchange Coincheck to continue operating in the country. Cointelegraph Japan reported on the development on Jan. 11, quoting an official […]
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Microsoft and LayerX hope to propagate blockchain technology throughout Japan’s domestic market. The Japanese arm of computer giant Microsoft has partnered with nascent blockchain startup LayerX to “accelerate” uptake of the technology, Cointelegraph Japan reported Nov. 30. LayerX, which formed in August as a joint venture from news curation app Gunosy and advisory service AnyPay, […]
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Monex Group has confirmed Coincheck now supports withdrawals and deposits for all tradable assets on the platform. Hacked Japanese cryptocurrency exchange Coincheck has begun trading a wider range of assets Nov. 26, a press release confirmed, ten months after funds worth over $530 million were stolen. Monex Group, the Internet broker which purchased the hacked […]
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Fisco will now be in charge of refunding users from Japanese crypto exchange Zaif’s hack, which should begin this month. Tech Bureau, the company that formerly operated hacked Japanese cryptocurrency exchange Zaif, has completed its handover to buyer Fisco Cryptocurrency Exchange (FCCE), Cointelegraph Japan reported Nov. 22. FCCE, which agreed to take over proceedings in […]
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Japan’s financial watchdog reports a lower number of crypto enquiries in comparison to quarter two. The number of enquiries about cryptocurrencies from Japanese investors has declined in the third quarter of 2018, according to a report published by Japan’s Financial Services Agency (FSA) Friday, Nov. 16. The FSA, which oversees the country’s crypto market, published […]
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Tokyo police have arrested eight men suspected of involvement of a pyramid scheme, collecting about $68.4 million in cash and BTC. Tokyo police have arrested eight men that are suspected of collecting a total amount of $68.4 million in cash and cryptocurrency using a pyramid scheme, Japanese daily newspaper Asahi Shimbun reports Wednesday, Nov. 14. […]
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