Japan's Ministry of Finance (MoF) has slapped Zaif cryptocurrency exchange’s owner, Tech Bureau, with a business improvement order, a type of admonishment that carries serious penalties.
The partnership will see the two companies utilizing blockchain technology to make it easier for Africans to buy Japanese products. With the help of blockchain, BitPesa and SBI Remit expect to get rid of challenges accompanying the transfer of funds between African traders and Japanese exporters.
The amount stolen this year was substantially larger than the equivalent figure recorded in 2017, with JPY60 billion stolen so far across 158 separate thefts in Japan alone.
The Financial Services Agency (FSA), Japan's top financial regulator, revealed that, while 160 companies are waiting in line to enter the crypto space, three cryptocurrency operators are currently being reviewed.
Zaif, a cryptocurrency exchange based in Japan, has fallen victim to a hack, resulting in the loss of JPY6.7 billion ($60 million) worth of cryptocurrencies.
Singapore-based cryptocurrency exchange Huobi is on the verge of acquiring a regulated Japanese cryptocurrency broker, in a deal that will confirm the group’s expansion into Japan’s cryptocurrency investment sector.
GMO, via its subsidiary GMO Coin, has launched a live cryptocurrency trading platform, its third crypto exchange and trading service to date.
Japan is set to explore the use of the blockchain as a vehicle for digital voting, which could revolutionize voting processes around the world.
ecommerce giant Rakuten said that it had decided to acquire a cryptocurrency exchange in Japan, called Everybody's Bitcoin, to continue diversifying its interests and thus also entering the crypto space.
Japan’s Financial Services Agency (FSA) is making it tougher for cryptocurrency exchanges to register their businesses in the country, requiring disclosure of a lot more information than before.
Japan’s Financial Services Agency (FSA), which previously had come down like a ton of bricks upon the sector in general, has promised to ensure that the domestic crypto industry will grow "under appropriate regulation."
SBI Group, one of Japan’s largest financial institutions, is backing a cryptocurrency exchange that is being watched by the country’s Financial Services Agency (FSA).
