Tag: FSA

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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,...

GMO Coin Exchange Announces new Measures to Comply With FSA Demands

Japanese cryptocurrency exchanges are under a lot of scrutiny right now. Despite their self-regulation approach, local regulators will crack down on any dubious activity....

Two Japanese Cryptocurrency Exchanges Withdraw Registration Applications with the FSA

Two Japanese cryptocurrency exchanges are reportedly quitting their operations amid tighter oversight from authorities following the Coincheck hack, which saw the theft of $530...

Bitcoin Drops Below $9,000 Amid Market Selloff Following SEC Announcement

Bitcoin saw its value drop below $9,000 during trading Friday amid a major selloff for the cryptocurrency market. The number one digital currency fell by...

System Glitch at Japanese Crypto Exchange Mistakenly Gives Bitcoin Away for Free

Investors were able to briefly buy bitcoin for free at a Japanese cryptocurrency exchange after it suffered from a system glitch; however, none were...

Japan’s Cryptocurrency Girl Band Remains Loyal to Digital Currency Despite Coincheck Hack

A Japanese cryptocurrency girl band has said that it will remain loyal to digital currencies despite the hack at Coincheck which resulted in the...

Cryptocurrency Exchanges in Japan Will go Into Full Surveillance Mode in October

Regulators and financial watchdogs are known to scrutinize anything they can't fully understand. This is especially true when it comes to Bitcoin and cryptocurrencies....