Tag: FSA

spot_img

How Binance Became a Cryptocurrency Exchange Unicorn by Avoiding China

For Binance, the strategy is simple – move only to places where the laws welcome cryptocurrency commerce. By following this practical strategy, the platform...

Zaif Crypto Exchange Hacked, $60 Million Stolen – and Nobody Noticed for Four Days

Japanese cryptocurrency exchange Zaif announced yesterday that approximately $60 million in cryptocurrencies had been stolen from its platform in an apparent hack. The breach, which...

Japan’s Social Media Giant LINE Launches Own Crypto, Customers Unable to Use It Due to Licensing Snag

Japanese and U.S. users of the Line messaging app won't be able to use the platform's new cryptocurrency following the announcement last week. Licensing Requirements That's...

Japan’s FSA Imposes Additional Guidelines for New Cryptocurrency Exchanges

Japan is creating a positive regulatory ecosystem for cryptocurrency exchanges. Tightening the rules for new and existing firms is a big step forward. The...

Bitcoin Drops Below $6,000 for the Second Time in June, Further Falls Expected?

Bitcoin fell below $6,000 during early morning trading Friday, making it the second time this month. Yet, one crypto trader believes it could drop...

Bitcoin Drops to New Low Below $6,000, Market Prices Rally Slightly

The price of Bitcoin fell below $6,000 over the weekend, hitting a new low as sentiment among investors took a downward dive. New Low for...

Japan’s Cryptocurrency Association to Vote on New Regulations This Month

Japan's newly created cryptocurrency association has drafted new rules that aim to prevent insider trading and the trading of crypto assets that can't be...

Japan Rejects Application of Cryptocurrency Exchange for the First Time

For the first time ever, the Financial Services Agency of Japan has rejected the application of a cryptocurrency exchange seeking to legally operate within...

Japanese Cryptocurrency Exchanges Form Association to Rebuild Public Trust

A group of cryptocurrency exchanges in Japan have established an industry association that aims to regain public trust by imposing self-regulations and stricter security. Sixteen...

Japan’s Central Bank Has No Plans to Issue Central Bank Digital Currency

Japan's central bank has said that it has no plans at present to issue a central bank digital currency, citing the impact this may...

Kraken to Halt Trading Services in Japan by June Citing Rising Costs for Decision

Cryptocurrency exchange Kraken has announced that it will be halting its trading services for Japanese residents, citing rising costs in Japan for the decision. The...

Coincheck Accepts Takeover Offer with Online Brokerage Monex Group

Tokyo-based cryptocurrency exchange Coincheck has announced that it is to accept a takeover offer from Japanese online brokerage Monex Group. At the end of January,...