Tag: Japan

Bitcoin Regulation
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Japan Economic Alliance Asks Financial Regulator FSA to Reduce Tax on Crypto

Brian Evans - Feb 15, 2019

The Japan Association of New Economy has asked the country’s financial watchdog to reduce taxes on crypto

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Japan’s Biggest Bank Launching Blockchain Payments Network in 2020

Brian Evans - Feb 13, 2019

Japanese banking giant Mitsubishi UFJ Financial Group is launching a high-throughput blockchain-based payments network next year.

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World’s 5th Largest Bank Aims to Debut Blockchain Payment Network in 2020

Brian Evans - Feb 13, 2019

Blockchain payment network from MUFG and Akamai will now go live around the first half of 2020

Bitcoin Mining
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GMO Internet’s Crypto Business Reports $12 Million Loss in 2018

Brian Evans - Feb 13, 2019

Japanese IT giant GMO Internet has just reported an operating loss of nearly $12 million for its cryptocurrency business in 2018.

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Japanese IT Giant GMO Confirms Launch of Yen-Backed Stablecoin GYEN in 2019

Brian Evans - Feb 12, 2019

GYEN, a yen-backed stablecoin by Japanese IT giant GMO Internet, is set to be launched this year

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Swiss Franc Plummets – Here’s What Caused the Haven Currency’s Mini ‘Flash Crash’

Brian Evans - Feb 11, 2019

On Monday during the Tokyo session the Swiss franc (CHF) was aggressively sold. The USD/CHF pair for instance touched the 1.0106 level. This was a high that…

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Why Japan Might Quash Brock Pierce’s Plans to Re-Launch Notorious Bitcoin Exchange Mt. Gox

Brian Evans - Feb 10, 2019

Ever since the security breach of Coincheck in January 2018, formerly the largest crypto exchange in Japan, local authorities have imposed a stricter process in granting licenses…

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Japanese Financial Regulator Data Shows Queries About Crypto Continues to Decrease

Brian Evans - Feb 08, 2019

Japan’s financial regulator registered half the amount of inquiries about crypto in in the fourth quarter of 2018 as in the third quarter

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Sony Shares Jump after Japanese Giant Announces Unprecedented ¥100 Billion Stock Buyback

Brian Evans - Feb 08, 2019

Japanese conglomerate Sony will kick off a $910 million stock buyback program beginning next week, Reuters reports. The move will result in Sony buying a maximum of…

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Huobi Reports 100 Percent Increase in Trading Volumes in 2018 Over 2017

Brian Evans - Feb 08, 2019

Major global crypto exchange Huobi has reported a 100 percent growth in trading volume in 2018 over 2017