japan
Japan's Regulatory Agency Raids Two Crypto Exchanges
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Japan’s Financial Regulatory Agency FSA has raided two crypto exchanges to check internal operations on customer security and anti-money laundering measures. According to Reuters, Last week this raid has taken place on Huobi and Fisco Cryptocurrency Exchange. This raid was due to these exchanges went made some major
MUFG, a Japanese Bank to launch Blockchain based Payment system
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The world-renowned Mitsubishi UFJ Financial Group (MUFG) – a Japanese based bank located in Tokyo, made a recent announcement of launching Blockchain based payment system by 2020 In fact this is world’s fifth largest bank in terms of assets whic is entering a partnership with US based tech
Japan: Another Crypto Exchange Approved After One Year
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Japan’s Financial Services Agency (FSA) has not approved any crypto exchanges since a year. But now they have approved Coincheck, which would be the 17th crypto exchange registered under the FSA. In 2017, Coincheck was hacked and resulted in slowing down the approval process. Until Monex Group acquired
Japan's FSA Plans to Regulate Cryptocurrency Wallets
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The Japans’s Financial Services Agency (FSA) had held a meeting to plan regulation on cryptocurrency wallets and its services. Some months back we had seen that the FSA of Japan is going to tighten the rules and regulations for crypto exchanges. This was due to the number of
Japan's Strict Regulations is "Good For Us" - Coinbase
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Japan’s has been very strict in terms of regulating cryptocurrency exchanges. The financial services agency (FSA) have added tighter rules recently. But Coinbase one of the major cryptocurrency exchanges in the U.S sees this as their advantage. According to Nikkie Asian Review, Japan is known as the
Hackers Strike Japan's Crypto Exchange to Steal $ 60 Million
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Zaif, Cryptocurrency Exchange based in Japan has been attacked by hackers. The Exchange lost $ 60 Million USD worth Cryptocurrency during this hack. According to Reuters, On the 14th of September, the cryptocurrency exchange was hacked. After four days they on September 18th the exchange went on alert mode because they
Japanese Regulators finish On-Site Inspection of 23 Crypto Exchanges
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It is a well-known fact in the cryptocurrency world that the Financial Services Agency of Japan is pretty proactive in enacting the cryptocurrency based regulations. Recently, the financial regulator of Japan completed the on-site inspection of 23 different cryptocurrency exchanges. Even though the agency found quite a few problems at
FSA of Japan to Tighten the Cryptocurrency Regulations
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Japanese financial services (FSA) agency is at the forefront when it comes to regulating the cryptocurrency industry. According to a recent report, it is going to tighten the rules and regulations which investors have to follow in order to invest in cryptocurrencies. Ever since the $ 530 million hacking the Japanese
