Ethereum Startup Omise Gains Megabank Sponsor for Blockchain Coworking Space in Japan

Mizuho, one of Japan’s three so-called ‘megabanks’, will sponsor Neutrino, the country’s first blockchain coworking space established by Ethereum-based startup Omise Japan. Named ‘Neutrino’, the country’s first specialized blockchain co-working space was established by Omise in Tokyo in March this year. Omise, a Thai-based startup, sees Ethereum co-founder Vitalik Buterin among its advisors and closed

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Japan’s Biggest Bank to Carry Large-Scale Trial of Cryptocurrency ‘MUFG Coin’

The banking arm of the Mitsubishi UFJ Financial Group’s (MUFG), the Bank of Tokyo-Mitsubishi UFJ, is reportedly planning to trial its in-house cryptocurrency in 2019 following years of development. As Japan’s largest bank, MUFG could become the world’s first major financial institution to deploy its own cryptocurrency after a local report by Japanese publication NHK

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Hacked Cryptocurrency Exchange Coincheck Plots US Expansion

Disgraced cryptocurrency exchange Coincheck has come under new management, and its new owners are planning to bring the trading platform to the US market. Bloomberg reports that Monex, the Japanese brokerage firm that acquired Coincheck in April, believes a US expansion could fast-track the exchange’s quest to once again become a major player in the

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200 Million Users Messaging Giant LINE Partners Blockchain Project ICON

ICON, the $1.6 billion blockchain project created by developers from South Korea, has secured an official partnership with LINE, Japan’s largest messaging app that supports more than 200 million monthly active users. LINE’s Entrance Into Cryptocurrency Exchange Market On January 31, CCN reported that LINE is set to launch a cryptocurrency exchange within 2018 with

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Japanese Regulator Sees Sharp Spike in Cryptocurrency Queries in Q1 2018

Japanese consumers are filing over three times the number of cryptocurrency enquiries  in the first three months of 2018 compared to the previous quarter, figures from the country’s financial regulator reveal. According to numbers disclosed by the Financial Services Agency’s (FSA) Counseling Office for Financial Services Users on Friday, the authority fielded a total of 3,559

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Japan Bolsters Crypto Exchange Regulations to Prevent Another Coincheck

Japanese regulators have announced stricter regulations for cryptocurrency exchanges in an effort to prevent another heist like the one that befell Coincheck in January, according to Nikkei Asian Review. The country’s Financial Services Agency expects to begin using a new, stricter framework for registered cryptocurrency exchanges this summer, and will advise those that fail to

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Japanese Banking Giant SBI Plans Summer Launch for Crypto Exchange

Japanese financial services giant SBI Group is reportedly planning a summer launch of ‘SBI Virtual Currencies’, its cryptocurrency exchange, this year. According to Business Insider Japan, SBI Holdings president Yoshitaka Kitao has confirmed the long-awaited full-scale launch of SBI Virtual Currencies in what will be the country’s first wholly bank-owned cryptocurrency exchange. The executive made

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Japan Wants Cryptocurrency Exchanges to De-List Anonymous Altcoins: Report

Japan’s Financial Services Agency (FSA) is pressuring local cryptocurrency exchanges to de-list privacy-centric altcoins such as Monero, Zcash, and Dash. Writing in Forbes, Tokyo-based journalist Jake Adelstein reports that sources close to the FSA say the regulatory agency — which has sole authority to grant licenses to cryptocurrency exchanges — is “taking all available steps”

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Japan’s 16 Licensed Cryptocurrency Exchanges Launch Self-Regulatory Body

A concentrated effort among 16 licensed Japanese cryptocurrency exchange operators to ‘restore confidence’ in the sector following the $530 million Coincheck theft in January has finally seen the launch of a self-regulatory body. In a report by Japanese news outlet Asahi Shimbun on Tuesday, sixteen cryptocurrency exchanges currently registered and licensed by the Financial Services

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Japanese Police Arrest 12 in $1.8 Million Fake Fiat/Bitcoin Fraud

A joint investigation between Tokyo and Hyogo police into an alleged fraud involving a bitcoin worth ¥190 million has led to the arrests of 12 individuals in total. First reported by the Japan Times last week, the alleged scam involved a Tokyo-based marketing firm executive – in his 40s – falling prey to a group

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