Tag Archives: Japan

Crypto Exchange CEO Runs For Mayor Of Taipei To Make It Asia’s ‘Pioneer Blockchain City’

Crypto Exchange CEO Runs For Mayor Of Taipei To Make It Asia’s ‘Pioneer Blockchain City’

CEO of major over-the-counter (OTC) crypto exchange OTCBTC and Facebook hackathon winner Yi-Ting Cheng (better known as xdite) has announced that she is running for mayor of the Taiwanese capital city Taipei this year, according to Cheng’s Facebook post on April 14. Cheng is known as a world class developer and hacker, having won the Global Grand Prize at […]

Cryptocurrency Exchange Kraken to Shutter Services in Japan

Cryptocurrency Exchange Kraken to Shutter Services in Japan

San Fransisco-based cryptocurrency exchange Kraken has announced it is shutting its doors for investors in Japan. According to a statement released on Tuesday, the company said it will cease to provide exchange services to Japanese residents, with a planned cutoff date for final withdrawals penciled in for the end of June. Kraken added that overseas Japanese investors […]

Hacked Coincheck Exchange to Accept Takeover Bid, Report Says

Hacked Coincheck Exchange to Accept Takeover Bid, Report Says

Japanese cryptocurrency exchange Coincheck, which was the victim of a major heist in early 2018, is to accept a takeover offer from online brokerage Monex Group, a news report indicates. Citing sources on Thursday, Nikkei Asian Review said that, once the deal is complete, Coincheck plans to change the management team in an attempt to rebuild investor […]

Survey: 14% of 25-30-Year-Old Japanese Male Office Workers Own Cryptocurrencies

Survey: 14% of 25-30-Year-Old Japanese Male Office Workers Own Cryptocurrencies

A study has found that 14 percent of male Japanese office workers aged 25-30 are hodling cryptocurrencies despite market trends seeing prices taking a tumble. Even though the price of bitcoin has fallen below the $7,000 mark again to $6,935, amid trade war fearsbetween China and the U.S., that doesn’t appear to be deterring some male […]

Japan: 2 Bitcoin Exchanges Choose Shutdown Over Regulatory Compliance

Japan: 2 Bitcoin Exchanges Choose Shutdown Over Regulatory Compliance

Japan’s financial services regulator continues to reshape the country’s cryptocurrency exchange industry as two operators announce they are closing, local source Nikkei states March 28. Two Japanese exchanges, Mr. Exchange and Tokyo GateWay, will cease trading once they have returned customer funds, according to Nikkei. The news comes as financial regulator, the Financial Services Authority (FSA) challenges exchanges to prove […]

Yahoo! Japan to Launch Cryptocurrency Exchange in 2019

Yahoo! Japan to Launch Cryptocurrency Exchange in 2019

Yahoo! Japan Corporation, a subsidiary of Yahoo! and SoftBank Group, is entering the cryptocurrency industry by launching an exchange in April 2019, according to Nikkei Asian Review. Yahoo! Japan Acquires 40% of BitARG to Launch Exchange in 2019 In order to open a cryptocurrency exchange, Yahoo! Japan will start off by acquiring 40 percent of BitARG Exchange […]

Ripple ‘Very Confident’ of Hitting China’s Market This Year with Blockchain Payments Solution

Ripple ‘Very Confident’ of Hitting China’s Market This Year with Blockchain Payments Solution

Ripple is ‘very confident’ that it will hit China’s market this year with its blockchain-based payments solution, according to reports. Sagar Sarbhai, Ripple’s head of government and regulatory relations for Asia Pacific, explained that while it was ‘still very early days,’ the team were discussing how it can enter the Chinese industry with regulators, payment providers, […]

Binance CEO Refutes Financial Watchdog Warning Reports

Binance CEO Refutes Financial Watchdog Warning Reports

The CEO of Binance, currently the world’s largest cryptocurrency exchange by trading volume, has hit back at reports that the exchange is to receive a warning from Japan’s financial regulator over its operations in the country. According to a report from Nikkei on Thursday that is being widely cited, the country’s Financial Services Agency (FSA) may be […]