The online broker has reportedly offered an amount believing to run into “billions of yen for a majority stake” in the beleaguered cryptocurrency exchange.
The fifth largest cryptocurrency trading exchange platform is reportedly planning to cut its relations with Asia and move its offices to Switzerland.
The company is set to buy a 40% stake in BitARG Exchange Tokyo, in a move that would see Yahoo Japan embark on the initial development stages of a new exchange, to be developed on existing BitARG technology.
One of the world's largest cryptocurrency exchanges, Bitfinex, has refused to list the first cryptocurrency backed by Venezuela's crude oil reserves, Petro, in its platform.
The exchange will soon start a “fiat-to-crypto exchange” on the European island nation and is close to securing a deal with local banks that can provide access to deposits and withdrawals.
The warning supposedly came as a result of Binance operating in Japan without a license, and was announced following the March 7 hack of the exchange.
The exchange is giving a reward for the first person to provide substantial information leading to the arrest of the hackers.
Sylvain Ribes has alleged that no less than 93% of trade volumes on cryptocurrency exchange OKCoin (now known as Okex) are false and fabricated.
The ban kicks on March 9, but some say their cryptocurrency accounts—and their funds have already been frozen without a heads-up.
Circle announced that it has acquired Poloniex cryptocurrency exchange in a bid to extend “its commitment to a new vision for global finance.”