Fifteen nations are said to be planning to set up a system to monitor crypto transactions alongside the Financial Action Task Force.
VC Trade, the crypto exchange launched by SBI Holdings, is integrating new tech to help it comply with new international KYC standards.
The exchange lost 3 billion yuan during a hack on July 11.
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BitFlyer Blockchain and Japanese business giant Sumitomo Corporation will develop a blockchain app allowing users to sign rental contracts and more.
Japan is said to be leading the creation of an international cryptocurrency payments network similar to banking network SWIFT.
BITPoint Japan has said that the roughly 50,000 users who lost funds in its recent hack will be reimbursed in cryptocurrency on a 1:1 basis.
Japan has set up a working group to examine the issues raised by Facebook’s Libra cryptocurrency project ahead of a G7 meeting this week.
After a $30-million hack last week, Japan-based cryptocurrency exchange Bitpoint says it’s discovered that another $2.3 million is missing.
In 2019 the Financial Services Agency has approved 3 new exchanges, following a year without any new openings.
Japan’s central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook’s Libra cryptocurrency.
BitFlyer suspended its exchange service after an inquiry from Japan’s Financial Services Agency.
Fisco, owner of the Zaif crypto exchange, is being forced to upgrade its management systems after an investigation by Japan’s financial watchdog.
Overseen by the Industrial Value Chain Initiative, the blockchain project will connect 100 Japanese manufacturers to share information.
The G20 has reaffirmed it will apply standards to counter money laundering and terrorism funding, soon to be finalized by the Financial Action Task Force.
Japanese tax authorities are said to be planning to take action on the under-reporting of cryptocurrency-based profits.
Former Mt. Gox chief Mark Karpeles has reportedly revealed he’s “starting from zero” with a new blockchain project.
The Japanese government is creating new – and potentially expensive – rules for all cryptocurrency companies.
A new crypto exchange platform in which Yahoo Japan owns a major stake is about to launch after over a year in development.
Japan’s financial watchdog is said to be inspecting crypto exchanges over anti-money laundering measures ahead of June’s G20 meeting.