90% of institutional investors worried over Japan’s tougher rules on foreign investment LeapRate

December 27, 2019 BY Valentina Kirilova

90% of institutional investors worried over Japan's tougher rules on foreign investment

Japan times reported earlier this week that according to a private survey nearly 90% of institutional investors are worried about the possible negative effects of a law revision, tightening restrictions on foreign investment. The law was enacted in November 2019 and is expected to take effect around May next year. The new law requires foreign investors to notify…

December 12, 2019 BY Valentina Kirilova

JPMorgan to launch blockchain payment network in Japan in January

JPMorgan’s interest in blockchain technology received a great deal of press back in February of this year, when we reported that it would be “the first major bank to embrace the crypto revolution in a significant way by issuing its own proprietary stablecoin to speed up cross-border payments and gain other operating efficiencies, as well”.…

October 09, 2019 BY Mariela Naydenova

Political donations in crypto - now popular in Japan

Japan is known for being a crypto-friendly country. However, the country has moved a step further and is now allowing political donations in cryptocurrencies. These will not be regulated, according to politician Ms. Sanae Takaichi. Japan does not consider cryptocurrencies as legal tender, and any regulatory action on political donations will affect only stock and…

September 16, 2019 BY Mariela Naydenova

Can $2 billion lost in the Mt. Gox Bitcoin Hack be recovered?

The Mt. Gox bitcoin hack is probably the most vivid example of how fragile the cryptocurrency world has been in the near past. Mt. Gox was a bitcoin exchange based in Japan that handled over 70% of all bitcoin transactions around the world, and was the leading crypto exchange during 2010 - 2014. However, Mt.…

May 27, 2019 BY Mariela Naydenova

Taotao, a Japanese crypto exchange, launches trading operations on May 30th

Cointelegraph Japan just announced that Japanese cryptocurrency exchange, Taotao, has confirmed that it will launch its trading services on May 30th, 2019. Yahoo! Japan owns 40% of the exchange. Trading on Taotao will first include ether and bitcoin only. In addition, investors will be able to trade on margin the following: Bitcoin cash, Litecoin and…

G20 group adopts tough FATF KYC/AML rules: Debate is how to implement

March 20, 2019 BY Mariela Naydenova

Japan introduces stricter regulations for cryptocurrency margin trading

Japan is introducing new cryptocurrency margin trading rules, as reported by the Japanese news agency Nikkei on the 18thof March, 2019. The idea is to bring more “order” in the crypto space and all exchanges that fail to follow the new regulations will be closed. The new amendments to the Japanese payment and financial services…

Hong Kong SFC announces green finance strategic framework

February 25, 2019 BY Mariela Naydenova

A new type of power - the blockchain-managed virtual power (VPP)

Blockchain is truly revolutionising the world we live in: transforming sectors such as real estate, finance and now, even energy. While the world is fighting to reduce its carbon imprint and reduce the amount of coal used, a Japanese corporation and a US-based energy company are creating the next energy source - one based on…

December 29, 2018 BY Mariela Naydenova

This wine retailer is buying the Bitcoin exchange Bitocean

The M&A market in the cryptocurrency market was quite high in 2017, when companies were looking to get an extra edge to their portfolios by acquiring promising crypto startups. At the time, the crypto market was booming, and even cryptocurrency hedge funds emerged. While the M&A crypto frenzy has subsided since last year, when Bitcoin's…

November 06, 2018 BY Mariela Naydenova

The Winklevoss-backed Gemini Dollar on Liquid Exchange

The Liquid cryptocurrency exchange will list the Winklevoss-backed Gemini Dollar or GUSD. In September 2018, the Winklevoss brothers introduced the Gemini Dollar (GUSD), a stablecoin pegged to the US dollar and regulated by the US government. US dollars can be converted to GUSD through the twins' platform Gemini exchange, and from there transferred to an…

October 24, 2018 BY Mariela Naydenova

The cryptocurrency industry in Japan is now self-regulatory

Japan has long been in two minds as to how approach the growing cryptocurrency market. Japan was a very pro-Bitcoin country, one of the few to allow certain companies to pay their employees in Bitcoin, instead in Japanese yen. Japan has taken the next step in proving its pro-crypto status, as it just granted the…

Tag: Japan