Tagged: japan

Police to Lay Charges in Japan’s First “CryptoJacking” Case

Police in Japan have decided to charge three individuals for infecting computers of unsuspecting individuals with software that mines privacy cryptocurrency Monero. The Japanese daily news provider Mainichi reports that the three individuals are accused of setting up web sites designed to attract and then… Read More

Coinbase Launching Crypto Exchange Operation in Japan

The Vice President and General Manager of Coinbase, America’s largest cryptocurrency exchange, announced June 4th that the company is expanding physical operations to Japan. “Our new office will lay the foundation for Japan’s crypto investors to access a range of Coinbase’s products,” writes Dan Romero…. Read More

SoftBank Reveals Third Round SoftBank Innovation Program Winners

SoftBank Corp. announced on Thursday results for the third round of its SoftBank Innovation Program, which is a program that seeks a wide range of innovative solutions and technologies from around the world to consider for commercialization. SoftBank reported it will tie up with eight companies… Read More

Mizuho Financial Group Announces Support For Japanese Blockchain Coworking Space Neutrino

Mizuho Financial Group, Inc. announced last week it has agreed to sponsor Neutrino, Japan’s first blockchain1 coworking space. According to the firm, Neutrino, which located in Tokyo’s Shibuya Ward, was established by Omise Japan (CEO: Jun Hasegawa). It was reported: “One of the key features… Read More

Mitsubishi UFJ Financial Group Partners with Akamai on Speedy Blockchain & Payment Network

Mitsubishi UFJ Financial Group (MUFG), one of the largest financial institutions in the world, and Akamai Technologies, have announced the development of a new blockchain service. This new partnership seeks to create “the world’s most scalable and fastest payment processing platform” with a capacity to… Read More

Japan Regulators Urging Crypto Exchanges to Exclude Anonymous Altcoins

Forbes has reported that sources close to Japan’s Financial Services Agency (JFSA) have confirmed that the agency is encouraging the country’s crypto exchanges to exclude anonymous cryptocurrencies Monero (XMR), Zcash (ZEC), and Dash (DASH) from trading on their exchanges. The suggestion comes as a number… Read More

Japan: Crypto Exchange Everyone’s Bitcoin Hit with Administrative Punishment from FSA

The Financial Services Authority (FSA) in Japan has hit another cryptocurrency exchange with an enforcement action. According to the FSA’s site, “Everyone’s Bitcoin” has received an “administrative punishment” for not abiding by compliance rules for cryptocurrency exchanges. The FSA states that due to reports from… Read More

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