Tag Archives: Japans

Japan’s Fujitsu Develops Payments Tech for Cryptocurrency Trading

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Japanese IT firm Fujitsu has revealed a new payments technology that connects different blockchains to enable exchanges and payments with various cryptocurrencies. In an announcement yesterday, Japan’s largest IT firm revealed details of ‘ConnectionChain’, described as a security technology to securely connect […]

Ethereum Prices Today Slightly Down as Japan’s Financial Regulator Warns Investors About ICOs

Ethereum prices today were slightly down as Japan’s financial regulator sent out a warning about initial coin offerings (ICOs) to investors. The cryptocurrency market is still digesting the Oct. 27, 2017, statement from Japan’s Financial Services Agency (FSA). The FSA stressed the “high” risk factor for investors who purchase new coin offerings in hopes their […]

Japan’s SBI Holdings Reveals Wider Push into Cryptocurrency Industry

SBI Holdings, the financial services division of Japan’s SBI Group, has revealed plans to move deeper into the world of cryptocurrencies and blockchain. In its latest financial report, SBI expressed plans for “the establishment of a new financial ecosystem based on cryptocurrency,” a move that includes carrying out joint research to gather “systematic knowledge” of blockchain […]

Japan’s GMO Plans to Sell 7nm Bitcoin Mining Boards Using Token Sale

Technology Japanese internet giant GMO has announced a plan to sell its “next-generation mining boards,” equipped with 7nm ASIC chips through an initial coin offering (ICO) next year. Also read: GMO to Invest 10 Billion Yen in Its Own 7nm, 5nm, and 3.5nm Dedicated Bitcoin Chips GMO Planning ICO Japanese conglomerate GMO Internet […]

Japan’s Largest Bitcoin Exchange Bitflyer Launches Bitcoin Visa Prepaid Card

Services Japan’s largest bitcoin exchange by volume, Bitflyer, has launched its own reloadable Visa prepaid card. Customers can fund them using bitcoin through Bitflyer or other bitcoin wallets. The exchange is also giving away gifts to 1,000 customers during the launch period. Also read: Bitcoin Debit Cards Halt Service to Non-European Residents […]

Japan’s Finance Industry Embraces Bitcoin Mining

Mining Japan’s major players in the financial industry are eyeing bitcoin mining with a goal of generating new revenue. They also hope to help set the ground rules for using bitcoin. In early September Japan’s GMO and DMM.com said they were moving into the mining space. Both companies have started crypto and […]

Japan’s Biggest Bank Plans to “Overcome” Bitcoin Volatility with ‘MUFG Coin’

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The president of Japan’s largest bank and financial group (MUFG) has claimed that the bank’s own digital currency, MUFG Coin, will do one better than bitcoin. The Bank of Tokyo-Mitsubishi (MUFG), Japan’s largest bank, revealed plans toward developing its own digital currency […]

Japan’s FSA Approves 11 Companies as Operators of Cryptocurrency Exchanges

Japan’s FSA Approves 11 Companies as Operators of Cryptocurrency Exchanges  U.S. News & World Report Japan’s FSA gives official endorsement to 11 cryptocurrency exchanges  Reuters.com Cryptocurrency Exchanges Get Nod to Operate in First for Japan  Bloomberg Full coverage Article Source

Japan’s FSA approves 11 companies as operators of cryptocurrency exchanges

TOKYO (Reuters) – Japan’s Financial Services Agency approved 11 companies as operators of cryptocurrency exchanges, the financial watchdog said on Friday. The Japanese government has recognized bitcoin as legal tender in April and required cryptocurrency exchange operators to register with the government. The move was aimed at avoiding a repeat of a failure in 2014 […]

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