In a first of its kind draft report in cryptosphere, Japan has become the pioneering economy to draft policies for domestic cryptocurrency and Initial Coin Offerings (ICOs) and includes most…
Tag: Japan
DLTs are “Crypto assets” for the Japanese; and “other property” for the Russians
Finally, two countries have pigeon-holed computer-programming based decentralized ledger technology (DLT) currencies in their economic systems: Japan has categorized these new age products as “Crypto assets” and the Russians have…
The Monex Group Looks To Expand To The United States
It appears as though Monex, the parent company of Coincheck, is interested in expanding to the United States. For those who are unaware, Monex is a major financial services company…
Upbit Questions South Korea’s Approach To Crypto Regulation
South Korea’s largest crypto exchange Upbit’s CEO Lee Seok-wu has reiterated that government regulation of cryptocurrency is a necessary evil, but however remained doubtful about the approach the local government was taking…
Now Chile Makes History with a Ban on Cryptocurrency
In a major setback to cryptocurrency adoption in the South American country of Chile, its highest judicial body ruled in favor of the central banks’ policy to ban the use…
Japan Notes Unusual Rise In ‘Shady’ Transactions In Local Exchanges
The national police in Japan have identified over 5,944 cases of “shady” or suspicious dealings at the country’s crypto agencies between the period of January and October of this year.…
Forbes Gathers Crème-De-La-Crème Of Asia’s FinTech Industry In Singapore
One of the most anticipated events in the blockchain sphere this year was organized in Singapore this week. Forbes Asia organized a “Forum: Decrypting Blockchain For Business”, with the aim…
Japanese Bitcoin Exchanges Will Be Obliged to Report Tax Violations
Japan prepares amendments to legislation, according to which the National Tax Agency of Japan (NTA) will be able to demand information about clients suspected of avoiding taxes from cryptocurrency exchanges.…
Japan Takes To ICO Regulation
The central financial services authority in Japan, the Financial Services Agency (FSA) has announced the regulation of the Initial Coin Offerings. The primacy of these services is to “limit” the investment in…
Bittrade Exits Markets, Re-enters As Part of Huobi.co.jp
A new exchange will replace Japan’s beleaguered BitTrade exchange despite its status of being a regulated exchange and will be part of the largest e-asset company Huobi.co.jp. Bittrade has been…