Tag: FSA

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Altcoin News

Eight Arrested in Japan on Suspicion of Running Multi-Million Dollar Crypto Pyramid Scheme

Japan is the latest country to be hit with a cryptocurrency pyramid scheme. This one spans across 44 prefectures in the country, involves approximately 6,000...
Bitcoin News

Japan’s FSA Aims to Regulate Custodial Cryptocurrency Wallet Providers

Regulating the cryptocurrency industry requires a multi-pronged approach. Japanese officials have shown an open mind toward introducing new guidelines. Their current plan is to...
Altcoin News

Caps on Cryptocurrency Margin Trading First in Japan’s Regulatory Agenda

Japan’s Financial Services Agency is reportedly considering to curb margin trading for cryptocurrencies in order to reduce speculative trading and reduce volatility risks. A 4-to-1...
Altcoin News

Japan to Allow Cryptocurrency Industry to Self-Regulate

The Financial Services Agency (FSA) of Japan has allowed for the cryptocurrency industry to regulate itself in a big legislative move today, October 24. JVCEA...
Altcoin News

Coinbase Welcomes Stricter Cryptocurrency Laws in Japan

Coinbase says it isn’t worried by Japanese regulators working to strengthen the country’s cryptocurrency regulatory framework. The virtual currency exchange platform also believes that...
Altcoin News

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...
Altcoin News

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...
Altcoin News

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...
Altcoin News

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 News

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 News

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...
Altcoin News

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...
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