Japan

Cryptocurrency News From Japan: July 5 – July 11 in Review

This week’s headlines from Japan included real estate player Tosei and Tokyo Financial Holdings listing an asset-backed digital financial product, Cointelegraph Japan interviewing a former Japanese central bank staffer, Coinage registering as an exchange with Japan’s financial services agency, and a life insurance company testing digital asset billing transaction.  Check out some of this week’s …

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Japanese Broker Monex Launches Crypto-Based CFDs With 2x Leverage

Gifts and Remittances: Bitcoin.com’s New Tools Allow People to Send BCH via Email This month Bitcoin.com launched two services that help facilitate bitcoin cash adoption and crypto remittance via email. In a recent video on June 5, Bitcoin.com’s Roger Ver showcased gifts.bitcoin.com, a new feature that allows individuals to send BCH gift cards … read …

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New Head of Japan’s Financial Services Agency is Crypto-Friendly

A crypto-sympathetic official has been named as the next leader of Japan`s Financial Services Agency. Jiji Press reported on July 7 that the Japanese government has decided to appoint Ryozo Himino to the next commissioner of Japan’s Financial Services Agency (FSA). The official announcement will be made this month. Cointelegraph has reached out to FSA …

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World’s Largest Pension Fund Lost the Equivalent of Bitcoin’s Entire Market Cap in Just Three Months

The biggest pension fund in the world lost $164.7 billion in the first quarter of 2020. This is equivalent to the entire market capitalization for Bitcoin (BTC). Bitcoin didn’t do any better Japan’s Government Pension Investment Fund, or GPIF, decreased in value by almost 11% to 150.63 trillion yen or $1.4 trillion. This was the …

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Uber is finally available in Tokyo as a taxi service

Uber Uber is a mainstay in numerous giant cities, but it hasn’t had a foothold in Tokyo — a combination of strict limits on ridesharing and public wariness has kept it out of Japan’s best-known metropolis. Now, however, it’s part of the landscape. Bloomberg reports that Uber has launched its first service in Tokyo despite …

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Soramitsu Starts Testing ‘White Tiger’ Digital Currency in Japan

Japanese blockchain company Soramitsu announced it would start testing a new local digital currency for retailers at the University of Aizu. According to a June 29 report in the Nikkei newspaper, Soramitsu will begin testing “White Tiger,” a digital currency sitting on the company’s native Hyperledger Iroha blockchain. The digital asset will be tested at …

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Cryptocurrency News From Japan: June 14 – June 20 in Review

This week’s headlines from Japan included research company Xangle releasing a report on Japanese crypto regulation, Binance supporting Japan’s language but not its residents, SBI Holdings turning gift certificates digital with blockchain, and Nomura Holdings opening a crypto custody service with Ledger and Coinshares.  Check out some of this week’s crypto and blockchain headlines, originally …

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Japanese Court Upheld Former Mt Gox CEO’s Conviction for Manipulating Data

2 Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval Switzerland’s financial regulator, FINMA, has approved two Zurich-based banks to offer a range of cryptocurrency services, including trading and custody. Maerki Baumann Bank subsequently announced the launch of its trading platform for major cryptocurrencies while Incore Bank is offering a … read more. …

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Bitfury to Launch Bitcoin Mining Fund for Institutional Investors in Japan

Bitfury, a cryptocurrency mining and blockchain development firm, is planning to launch a Bitcoin (BTC) mining fund in Japan in July. Katsuya Konno, the head of  Bitfury Japan, confirmed the development with Cointelegraph Japan today.  As uncertainty regarding traditional markets amid the coronavirus pandemic continues, investors are increasingly paying attention to Bitcoin and cryptocurrencies as …

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Japanese Firm Unveils New Privacy Feature For Bitcoin Wallets

Japanese crypto firm Freessets has announced a new technology to enhance Bitcoin wallet (BTC) privacy. According to a June 8 announcement, Freessets has created a system that allows wallets to request their addresses’ Bitcoin balances without revealing it to the servers from which they request the balances or transaction history. The statement said that conventional …

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