Tagged: japan

Yahoo Japan is Going Crypto with Investment in BitArg Cryptocurrency Exchange

A subsidiary of Yahoo Japan is getting into the cryptocurrency space with an investment in the parent company of BitArg Exchange, CMD Lab. A post on the Tokyo based exchange home page stated; “Today, the Company decided to accept capital participation from Z Corporation, a… Read More

Crypto-Rich Catered to by Luxury Retail

Members of the luxury set fond of cryptocurrencies are now able to purchase, log and transact a number of their favorite items using decentralized digital money and ledgers. Japanese luxury car reseller L’Operaio announced at the the end of March that they’ll accept Bitcoin at… Read More

Japan’s Financial Services Agency Announces Exchange of Letters for Cooperation Frame on Fintech With Swiss Financial Market Supervisory Authority

On Wednesday, Japan’s Financial Services Agency (FSA) announced it Exchanged of Letters for Cooperate Framework on fintech with the Swiss Financial Market Supervisory Authority (FINMA). According to the organization, this Cooperate Framework recognizes the global nature of innovation in financial services and intends to enhance… Read More

Singapore Fintech Association Signs MOU With Fintech Association of Japan to Further Expand Fintech Cooperation Between the Two Countries  

The Singapore FinTech Association (SFA) and the Fintech Association of Japan (FAJ) announced on Monday they have signed a Memorandum of Understanding (MOU) to create stronger relationships and greater fintech cooperation between the two countries. According to the duo, this partnership will see the associations… Read More

Cryptocurrency Exchange Binance Receives Warning from Japanese Financial Services Agency

The Financial Services Agency (FSA) in Japan has slapped Binance with a warning regarding cryptocurrency exchanges that operate without being registered with the FSA. Binance is one of the largest cryptocurrency exchanges in the world. Recently, the crypto-exchange thwarted a hack attack. Binance then placed… Read More

Ripple-Powered Mobile App MoneyTap to Provide On-Demand Domestic Payments in Japan

On Tuesday, Ripple announced that the Japanese Bank Consortium will release MoneyTap mobile app, which is powered by the company’s blockchain technology, to allow customers of the bank consortium to settle transactions instantly, 24 hours a day, seven days a week. According to Ripple, MoneyTap… Read More

Japanese Cryptocurrency Exchange Zaif Has a Glitch; Causes Price of Coins to be Sold at $0

On Tuesday, Japanese cryptocurrency exchange Zaif announced it experienced a glitch last Friday that caused the exchange to price coins at $0, meaning users were able to buy digital currencies for free. The platform, which is powered Tech Bureau Corp, and registered by the Japanese government,… Read More

Japan Net Bank & Tech Bureau to Initiate POC Project to Evaluate Mijin and Hyperledger: Going Paperless

Fintech and cryptocurrency solutions company Tech Bureau noted that that Japan’s first online bank, Japan Net Bank, Limited is testing blockchain technology integrations using mijin and Hyperledger and has initiated a proof-of-concept project to evaluate to utilize the cryptocurrencies for paperless contract administration, scheduled to be… Read More

Plug and Play Japan Adds “Mobility” Genre to Startup Accelerator Program

Plug and Play Japan announced on Thursday that Mobility is a new genre for its startup accelerator program in addition to Fintech, IoT, Insurtech for the Batch 1 program. This new Mobility program is being launched in partnership with Nissan Motor as a leading partner…. Read More

Following $523 Million Hack, Coincheck Announces it will Reimburse All Impacted Investors

Following the enormous theft of 523,000,000 XEM (NEM), Japan based cryptocurrency exchange Coincheck has announced it will reimburse all impacted investors. At current exchange rates, this means Coincheck will need to pay out over USD $523 million to the estimated 260,000 impacted users. At the time… Read More

Largest Cryptocurrency Exchange in Japan Hacked, Reports Indicate Over $500 Million Stolen from Coincheck [u]

Numerous reports are indicating leading cryptocurrency exchange Coincheck has experienced a serious security breach. Estimates indicate that over $530 million in digital currency may have been stolen or about 58 billion yen of the virtual currency. Coincheck, based in Tokyo, has reported the “illegal outflow… Read More

Crypto Exchange Binance Creates New Partnership with Uplive, Creator of Gifto

Binance, one of the largest cryptocurreny exchanges in the world, has partnered with Uplive, in an interesting move to bring Uplive’s 20+ million users to the Binance platform. According to Binance, Uplive will feature a special virtual gift created specially for Binance’s token BNB. Uplive’s… Read More

Largest Cryptocurrency Exchange in the World: Binance Claims Top Spot as $2.8 Billion Traded in Just days

Cryptocurrency exchange Binance has claimed the top spot in regards to trading volume in digital currencies. According to Binance, the crypto exchange is now the largest in world having fulfilled trading volume of $2.8 billion since Tuesday. The milestone  takes place just 5 months after… Read More

Telcoin, a Mobile Cryptocurrency Solution, Plans ICO Launch on December 11th

Telcoin, a French Accelerator startup that is based in Tokyo, is planning to launch an Initial Coin Offering (ICO) on December 11th. Co-founded by Claude Eguienta and Paul Neuner, Telcoin has created a cryptocurrency that expects to be distributed by mobile operators and accepted everywhere…. Read More

SBI Holdings & Huobi Group Partner on Cryptocurrency Related Services in Asia, will Launch Digital Assets Exchange

Huobi Group and SBI Holdings (TYO:8473) have agreed to jointly develop Global Digital Asset Markets focusing on cryptocurrency related businesses in China and the greater Asian region. Yoshitaka Kitao, chairman of SBI Holding (formerly Softbank Investment Group) and Leon Li, Chairman of Huobi Group jointly announced… Read More

Japanese Firm bitFlyer Launches Bitcoin Exchange in the U.S.

Tokyo-based bitFlyer announced on Tuesday the official launch of its bitcoin exchange in the U.S. The debut in the U.S., comes just after the company reported more than $100 billion in virtual currency has been traded year-to-date. While sharing more details about the U.S. expansion, bitFlyer… Read More

Japan Blockchain Alliance Provides Guidance on ICOs

The Japan Blockchain Alliance (JBA) has published guidance for Initial Coin Offerings (ICOs) for sales to residents of Japan. The JBA said there was a misconception regarding ICOs sold to Japanese citizens as there are no existing regulations or, alternatively no Japanese laws apply if… Read More

Japanese Fintech QUOINE Signs MOU with ULS Group to Develop QASH Blockchain

Japan-based fintech firm QUOINE announced on Thursday it has entered into a Memorandum of Understanding (MOU) with ULS Group to create the QASH Blockchain. According to QUOINE, the QASH token is based on the Ethereum blockchain for the ICO, but the company will do a token swap to utility tokens based on the… Read More

Fujitsu Partners with Three Major Banks on Blockchain Field Study

Fujitsu has announced an agreement with Mizuho Financial Group, Sumitomo Mitsui Financial Group, and Mitsubishi UFJ Financial Group, to conduct a field trial of a “person-to-person money transfer service” using Blockchain technology. The trial is scheduled to commence in January 2018 and last for three… Read More

Japanese Fintech Firm QUOINE Launches ICO to Build Global Crypto Economy Liquidity Platform

Japan-based fintech firm QUOINE announced on Wednesday the launch of its global Initial Coin Offering (ICO) to build a global crypto economy liquidy platform. This news comes just a few months after the company launched its full digital cryptocurrency exchange and trade platform. Speaking about the ICO, Mike… Read More