Japan

The ‘Amazon of Japan’ is up 10% ahead of Pinterest’s IPO (4755)

Rakuten’s shares jumped 10% on Wednesday as investors looked forward to Pinterest’s public debut, cheered registrations for its new cryptocurrency exchange, and celebrated an analyst upgrade.The “Amazon of Japan” invested in Pinterest in 2012, but its shareholding seems to have fallen below 5%.Rakuten plans to launch a cryptocurrency exchange in June, after buying a local…

Japan Capping Cryptocurrency Leverage Trading in April 2020 – Bitcoinist

Japan, arguably the world’s leader in cryptocurrency regulation, is set to drop more rules on the industry by capping leverage trading on cryptocurrency exchanges. Japanese regulators approved on Friday amendments to Japan’s financial instruments and payment services laws that limit the amount of leverage cryptocurrency exchanges may offer users when margin trading. The cap will now…

Why Japan Might Quash Brock Pierce’s Plans to Re-Launch Notorious Bitcoin Exchange Mt. Gox

reported that Brock Pierce, the co-founder of Blockchain Capital, disclosed his plans to revive Mt. Gox, an exchange which lost billions of dollars in user funds stored in Bitcoin in 2014.” data-reactid=”32″ type=”text”>Recently CCN reported that Brock Pierce, the co-founder of Blockchain Capital, disclosed his plans to revive Mt. Gox, an exchange which lost billions…

Japan Police: 98.3% of Money Laundering Cases Don’t Involve Cryptocurrency – Bitcoinist

Japan’s National Police Agency (NPA) say cases of suspected money laundering reportedly linked to cryptocurrency increased by 900 percent in 2018 when compared to the previous year. However, this still comprises only 1.7 percent of all money laundering investigations.Cryptocurrency Money Laundering Up Tenfold in JapanAccording to The Japan Times, the NPA reports that it recorded…

Japan: Regulators Approve Startup’s Bitcoin Sidechain Trial for Exchanges

Japanese blockchain development company Crypto Garage announced it had gained regulatory permission to trial its settlement system using Blockstream’s Liquid Sidechain, Cointelegraph Japan reported Jan. 21.Crypto Garage, which claimed to be the first such blockchain finance project to get the green light under the Japanese government’s regulatory sandbox scheme, will now conduct a one-year pilot…

Japan Not Considering Approval of Bitcoin ETF, FSA Denies Reports

Financial Services Agency (FSA), Japan is not considering the approval of a Bitcoin exchange-traded fund (ETF).” data-reactid=”31″ type=”text”>According to a spokesperson from the Financial Services Agency (FSA), Japan is not considering the approval of a Bitcoin exchange-traded fund (ETF).Speaking to Bitcoin.com, an FSA representative said:There is no such fact that we are considering approving ETFs…

Japan: Regulators Approve Startup’s Bitcoin Sidechain Trial for Exchanges – Cointelegraph

Japanese blockchain development company Crypto Garage announced it had gained regulatory permission to trial its settlement system using Blockstream’s Liquid Sidechain, Cointelegraph Japan reported Jan. 21.Crypto Garage, which claimed to be the first such blockchain finance project to get the green light under the Japanese government’s regulatory sandbox scheme, will now conduct a one-year pilot…