The Japanese district court for the first time sentenced a person to imprisonment in the case of a hidden mining. The real term was the consequence of arrests conducted by the police in 10 prefectures. On Monday, the Japanese media reported that the man received a year in prison for using other people’s computers without… More
A country that once served as a beacon of hope for blockchain projects in recent months has sharply changed its position, redefining the role to be played by cryptocurrency in the commercial ecosystem of Japan. Earlier this week, Japanese financial security Agency (FSA) announced that from June 18 all the cryptocurrencies that provide a sufficient… More
Kraken, US-based cryptocurrency exchange, announced its plans to discontinue all of its trading operations in Japan in the near future. Cryptocurrency exchange Kraken, which is one of the largest, just announced that she’s leaving the Japanese market. Suspension of services for the people of Japan will allow us to focus on improving the work in… More
BitFlyer, a major Japanese bitcoin exchange, announced April 12 that the process of “know your customer” will be complicated in connection with which was recently hit by criticism from regulators. According to the company announcement, starting April 26, users registering online, you will not be able to send cryptocurrency assets or withdraw Japanese yen, while… More
Japanese financial services Agency (FSA) published its first statistics on domestic cryptocurrency market. According to data collected from 17 of cryptocurrency exchanges and exchange offices in Japan, as of March 31 of this year, there are at least 3.5 million people who are engaged in cryptocurrency trading. This is mainly people aged 20 to 40… More
Financial regulator of Japan imposed sanctions on three cryptocurrency exchanges after a series of inspections of trading platforms in the country. The two commercial platforms have been ordered to suspend trading activities. The regulator is not satisfied with the measures taken to prevent money laundering and minimise systemic risks. The financial services Agency (FSA) has… More
Japan is moving towards the legalization of primary offerings of coins, not turning to countries such as China and the United States that restrict the ICO because of the risks to investors. In a Thursday report, the study group supported by the government, was set out basic guidelines for the further adoption of the ICO,… More
Japanese police have arrested 30-year-old Chinese account opening on one of the cryptocurrency exchanges of Japan with the purpose of resale. Lin Xiaolin, living in Tokyo, was arrested on March 15. According to reports the South China Morning Post in July last year, Xiaolin opened the scoring in the cryptocurrency exchange market in Tokyo. He… More
Japanese platform instant messenger/social network Line starts a child blockchain, a company just a few months after she announced that through its Line Pay service, you can make transactions in the cryptocurrency. Be called subsidiary will Unblock and will examine the blockchain technology and its possible applications. Thus, the company aims “to add new value… More
As reported by Nikkei Asian Review, citing unnamed sources, the Japanese company-financial services company Monex has offered to buy a controlling stake cryptocurrency exchange Coincheck. It is expected that this will be a deal worth “billions of yen”. According to Nikkei, the stock exchange Coincheck, which became the target of major hacker attacks on 26… More