japanese

Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses

4 weeks ago admin2 Comments Off on Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses
News Japanese police from 10 prefectures have arrested website operators using Coinhive to tap into the computer power of their site visitors to mine cryptocurrencies without consent. They are accused of violating the law banning the use of computer viruses. Some people have already been fined. The police have been monitoring the Coinhive program since Read More

331 High-Income Traders Declared Crypto Profits in Japan

2 months ago admin2 Comments Off on 331 High-Income Traders Declared Crypto Profits in Japan
Taxes The Japanese tax authority has for the first time revealed the number of high-income taxpayers who declared cryptocurrency profits in the year 2017. Out of the total number of taxpayers with miscellaneous income of 100 million yen or more, excluding public pension, 60% of them reported income from crypto transactions. Also read: Yahoo! Japan Confirms Read More

Date Set: Japan’s Internet Giant GMO Will Launch 7nm Bitcoin Miner on June 6

2 months ago admin2 Comments Off on Date Set: Japan’s Internet Giant GMO Will Launch 7nm Bitcoin Miner on June 6
Mining Japan’s GMO Internet announced that it will unveil its flagship bitcoin mining machine, called GMO miner B2, equipped with the 7nm chips on June 6. Interested customers can register now for the upcoming information session. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Launching on June 6 The wait for 7nm bitcoin mining Read More

Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries

2 months ago admin2 Comments Off on Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries
Exchanges A Japanese government-approved cryptocurrency exchange has resumed expanding overseas. Already operating in five countries with a plan to launch in more in the near future, the exchange aims to construct a global network of crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Building Global Network Bitpoint Japan was among the first Read More

Philippines Welcomes Crypto Economic Zone

3 months ago admin2 Comments Off on Philippines Welcomes Crypto Economic Zone
News After hemming and hawing in its strange relationship with cryptocurrencies and the businesses they imply, the Philippine government decided to make room for a set aside economic zone. The scheme is offered in hopes of generating more tax income, employment for its people, and perhaps a dedicated crypto university. Also read: Telegram Urges Paper Read More

Bank of Japan Turns Back on State-Issued Cryptocurrency

3 months ago admin2 Comments Off on Bank of Japan Turns Back on State-Issued Cryptocurrency
Economy & Regulation The Bank of Japan has become the latest government financial institution to recognize the risks of state-issued cryptocurrencies. According to its Deputy Governor Masayoshi Amamiya, a national digital coin may jeopardize the traditional financial system established in developed countries. The Japanese central bank has no plans to issue its own crypto, he Read More

Japanese Crypto Exchanges Strengthen Self-Regulation Following Coincheck Hack

6 months ago admin2 Comments Off on Japanese Crypto Exchanges Strengthen Self-Regulation Following Coincheck Hack
Regulation Japanese cryptocurrency exchanges are strengthening their self-regulation procedures following the hack of one of the country’s largest crypto exchanges, Coincheck. The Japanese Financial Services Agency has yet to approve Coincheck’s registration as a crypto exchange. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Strengthening Self-Regulation The Japan Blockchain Association (JBA) has Read More

Japan Increases Lead – Approves Another Four New Cryptocurrency Exchanges

7 months ago admin2 Comments Off on Japan Increases Lead – Approves Another Four New Cryptocurrency Exchanges
Regulation The Japanese Financial Services Agency has approved four more cryptocurrency exchanges to legally operate in Japan. This is the second round of approvals by the agency; the first was for 11 exchanges in September. Also read: ‘No Regulation Needed’ – Moscow Stock Exchange Plans to Trade Bitcoin Futures More Crypto Exchanges Approved by FSA The Read More

Japanese Publicly Listed Companies Launch Cryptocurrency Exchanges in South Korea

8 months ago admin2 Comments Off on Japanese Publicly Listed Companies Launch Cryptocurrency Exchanges in South Korea
News Two Japanese companies listed on the Tokyo Stock Exchange have recently expanded their cryptocurrency operations into South Korea. One has partnered with a local company to launch a bitcoin exchange with a plan to add merchant services. The other held an ICO to develop a crypto exchange after launching a mobile game which allows Read More

Japanese Financial Authority Clarifies Policy on Cryptocurrencies and ICOs

8 months ago admin2 Comments Off on Japanese Financial Authority Clarifies Policy on Cryptocurrencies and ICOs
Regulation The Japanese Financial Services Agency has recently published a document clarifying its financial administrative policies, including its policy on cryptocurrencies and initial coin offerings (ICOs). Also read: Bitcoin-Based Ethereum Rival RSK Set to Launch Next Month FSA’s Policy Clarifications Japan’s Financial Services Agency (FSA) has recently clarified its financial administrative policies, outlining “what kind of policy Read More