Japanese Financial Companies Fusion into Unbanked to Expand Digital Liquidity Initiatives

Blockchain financial assets have seen tremendous uptake in recent years. Institutions and individuals are now seeking practical routes to gain exposure to digital assets with minimum fuss. To date, the Japanese crypto market has been underserved, with a lack of reputable organisations offering the on-chain financial services people now require to participate in the digital…

July 8, 20240Comments

ByZoran Spirkovski

News

Japan Card Issuer JCB to Include Blockchain Tech for B2B Payments

Financial giant and card provided JCB and Paystand, a payment network that leverages blockchain technology, have entered into an agreement to create the first end-to-end blockchain-powered B2B digital payment platform for Japanese enterprises and JCB’s customers in Japan and Asia, according to a press release from the companies. The annual value of the…

December 31, 20190Comments

ByZoran Spirkovski

News

Japan Tightens Money Laundering Laws

The digital currencies have in the past received praise and criticism in commensurate measure. The colossal rise in crypto thefts and scams has necessitated the need for laws to govern the space. According to a report by Cipher trace, Thefts, Fraud, and Scams amounted to more than $1.2 billion in the first quarter of 2019.…

July 23, 20190Comments

ByGrace Muthoni

News

Curated blockchain and cryptocurrency News – Week 1’19

Weekly Summary Russia is looking at Bitcoin as a way to mitigate the effect of the latest U.S. sanctions, Fortnite accidentally accepts Monero for merchandise shop, New York State forms a cryptocurrency task force, Overstock becomes the first company to pay taxes in crypto, New Swiss president is pro-crypto, Japan makes moves towards a crypto…

January 9, 20190Comments

ByZoran Spirkovski

News

Curated blockchain and cryptocurrency news – Week 49

Our curated list is published weekly on crypto-news.net and is designed to provide you with the insight necessary to understand cryptocurrency and blockchain. We focus on developments that have the highest impact for the overall market and indiscriminately share them with you, regardless if we have covered them in our primary news or not. These lists…

December 11, 20180Comments

ByZoran Spirkovski

News Technology

Japanese Police to Fund Crypto Criminal Tracking Tool

The National Police Agency of Japan aims to pour in funds for the development of a new crypto tool in order to flag the individuals involved in illegal trades. As stated by NHK towards the end of August 2018, the agency plans to spare 35M YEN in the following year for this project and until…

September 21, 20180Comments

ByAzeem Saifi

News Technology

Tsukuba Having Problems implementing Blockchain Voting

On September 2nd, Japanese media outlet The Japan Times broke a story about the latest news coming from Tsukuba, a city in the Ibaraki Prefecture. This place is considered to be a scientific center, so it does not come as a surprise to discover that they will utilize blockchain technology. They want to leverage existing governmental structures…

September 10, 20180Comments

ByZoran Spirkovski

News

Japanese FSA Produces Inspection Report Detailing Crypto Exchange Security

The Japanese Financial Services Agency (the FSA), was performing an on-site inspection of crypto exchanges in the country and they finally produced a document that explains the inspection, the findings, and suggestions, as reported by CoinTelegraph Japan on August 10. The findings suggest that the organization has decided to inject increasing levels of oversight in the…

August 15, 20180Comments

ByZoran Spirkovski

News

Over $700 Million Stolen from Exchanges. Can We Prevent It?

As reported by CipherTrace, a blockchain security firm, an equivalent of around $730 million in cryptocurrencies was stolen off exchanges in the first quarter of 2018. This is incredibly huge and has raised concerns among an array of investors and potential users of different ventures, particularly because these figures seem to be growing every year.…

July 20, 20180Comments

ByAzeem Saifi

News

South Korea to Cooperate with China and Japan on Regulation

South Korea is working towards establishing more extensive cooperation with both China and Japan with regards to regulating their burgeoning cryptocurrency markets. South Korea's Financial Services Commission (FSC) is pressing for a joint effort between regulators in all three countries in order to prevent the sector becoming a facilitator of money laundering and a number…

February 6, 20180Comments

ByKem