Category Archives: Japan

Japan Shuts Down Cryptocurrency Exchanges FSHO and Bit Station

Coincheck

Japan’s Financial Services Agency (FSA) close down two digital currency trades, requesting them to suspend activities for a month, as a feature of a crackdown following the $534 million hack of Coincheck in February. Around the same time, the FSA additionally issued business change requests to five different trades, including Coincheck, which had just been slapped with a business change […]

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Crypto Selloff Continues in Asia, SBI Ripple Asia Forms Consortium

SBI Ripple

SBI Ripple Asia is shaping a consortium that will look into the utilization of dispersed record innovation in securities items. As indicated by a declaration, the organization – a joint venture between Japanese investment firm SBI and San Francisco-based DLT installment startup Ripple – said the new consortium will see joint endeavors from 18 securities firms to look into and […]

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Asia-Pacific Countries Initiates More Bitcoin Regulation

Bitcoin Regulation

Indeed, even before Japan’s financial controllers moved to embrace bitcoin as legitimate tender, the Japanese were at that point eager about the digital currency. Japan, South Korea, and Vietnam represented about 80% of worldwide bitcoin exchanging before the end of November. Asian youth are for the most part amped up for virtual monetary forms like bitcoin as speculation vehicles. Despite […]

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Japan’s GMO Internet Offers to Pay Employees in Bitcoin

GMO Internet

Fairly recently, examiners Yoshiyuki Suimon and Kazuki Miyamoto assert that bitcoin will help Japan in a Gross Domestic Product (GDP) increase in 0.3% heading into the initial three months of 2018. Toward the finish of 2017, the cryptographic money bragged a ¥12 trillion market capitalization, and if patterns proceed into early this year, that could convert into lifting Japanese individual […]

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Chinese Crypto Users Evades Government Sanctions on Crypto

Bitcoin Exchange China

What happens when one of the world’s driving digital currency dealers all of a sudden close its entryways? In the previous couple of months, China has been discovering how to go around this predicament. Since its crackdown prior this year, China’s authentic line on cryptographic forms of money has been not much appreciated. Yet regardless of Beijing’s choice to shut […]

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How to Choose a Cryptocurrency Exchange According to Cryptonit Founder

Konstantin Karatov

Bitcoin price is swinging near its historic maximums of $15,000. There is much hype on the market, new inexperienced players are coming. What do you need to know about cryptocurrency exchanges not to get burned by investing in bitcoin? Konstantin Karatov, business developer of Finom Blockchain Corp and founder of Cryptonit exchange has prepared a digest of the world’s famous […]

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South Korea Embraces Cryptocurrency Like No Other with Physical Centers

Bitcoin Korea

One of the biggest cryptographic money trades on the planet lies on the fifth floor of a generally dull working place in Gangnam, one of Seoul’s principle financial areas, lies a 200 plus staff call center working round the clock in four dialects. In the room adjacent anticipate four experts prepared to serve the normal 200 clients that get through […]

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SBI Holdings and Wirex Team Up to Provide Japanese Crypto Payments Card

Wirex SBI Holdings

UK-based Wirex has framed a joint venture with fintech powerhouse SBI Holdings to dispatch a digital currency installments card in Japan. The joint effort implies that Wirex profits by SBI Holdings’ help, scale, and Asian market connections. SBI Holdings will gain access to Japan’s most loved cryptographic money installments card supplier and an unrivaled ability in the realm of Blockchain-based […]

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Japan’s Fintech Market Looks to Bitcoin Mining

Japan Mining

Japan’s significant players in the budgetary business are looking at Bitcoin mining with an objective of creating new income. They plan to help set the standard procedures for utilizing bitcoin. Japan’s GMO and DMM.com said they were moving into the mining space. The two organizations have begun crypto and Bitcoin trades. An Asia Nikkei article condensed: “Some of the middlemen […]

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Gaming Company Nexon Purchases South Korean Bitcoin Exchange Korbit

Nexon Korbit

Gaming organization Nexon has obtained a 65 percent stake in South Korean Bitcoin exchange Korbit for US$80 million at a valuation of over US$150 million, reports South Korea’s driving business news production Hankyung, refering to anonymous industry sources. Nexon, the biggest diversion designer in Korea, officially enters the virtual currency market with the procurement of Korbit, one of the three […]

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