New Japanese crypto exchange regulations as FSA wraps up visits
New companies looking to receive a license to launch an exchange in Japan will face more stringent inspections after the Financial Services Agency saw loopholes in the current process.
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Japan’s SBI eyes crypto derivatives platform with US investment
SBI Crypto Investment, a unit of Japanese financial services group SBI Holdings, has acquired a 12 percent stake in a U.S.-based electronic trading platform and operator Clear Markets, which offers over-the counter derivatives electronic trading services in the United States, United Kingdom and Japan.
Gambling coin Withcoin hit with $12M class action suit
Withcoin, a cryptocurrency designed for casinos, has been accused of propagating lies, according to a class action lawsuit filed in Japan.
Japanese crypto exchanges propose self-regulatory organization – limits margin trading
The cryptocurrency exchanges in Japan have formed a self-regulatory organization proposing restriction for all investors which will allow them to borrow for up to four times their deposit.
6 crypto exchanges comply with Japan regulator’s business improvement order
In June, the FSA issued business improvement orders to BITPoint Japan, Bitbank, Bitflyer, BtcBox, Tech Bureau and Quoine. These six companies have confirmed that they have submitted a written improvement plan to the agency last July 23.
Japanese minister in hot water over alleged crypto exchange link
Seiko Noda, the minister for Internal Affairs and Communications, was questioned by members of the Japanese press on Thursday over her alleged involved with an unregistered cryptocurrency exchange.
Japanese Tax Agency clarifies crypto tax obligations
Japan's National Tax Agency, the Financial Service Agency and organizations in the cryptocurrency space unveiled a new method that could ultimately make it easier for tax payments to be made.
South Korea’s Bithumb exchange eyes Japan, Thailand expansion
Bithumb, a cryptocurrency exchange based in South Korea, is already working to obtain regulatory approvals from Thailand's Securities and Exchange Commission to set up an exchange in the country, according to reports.
Crypto exchange Coinsquare’s global expansion starts in Japan
Coinsquare will open the new exchange in Japan jointly with venture capital firm Dlta21x formally Protos Blockchain Corp.
Kumamoto Electric to start crypto mining in Japan using excess solar energy
Japanese solar energy provider Kumamoto Electric Power Company will start using excess solar energy to mine cryptocurrencies in August.
Upgraded GMO crypto miner features 33TH/s max hash power
Like the B2 model, the new GMO B3 model as an upgrade of version B2 and comes with an ASIC 7nm processing chip, which supports mining of SHA256 and can also mine BTC and Bitcoin Cash.
Japanese man faces jail time over illegal remote mining charge
A court in Japan has sentenced a man to prison over charges of illegally using a remote mining tool to mine cryptocurrencies through other people's computers without their consent.