Japan’s financial regulator to inspect unlicensed crypto exchanges after Coincheck hack. #NEWS
Nothing final about their self-regulatory merger, Japanese crypto group director says. #NEWS
The Japanese government said today that inspections will take place at 15 unlicensed cryptocurrency exchanges in light of a recent major hack.
The crypto industry in Japan is still reeling from the half million dollar Coincheck heist last month. The fallout from one of the largest digital currency hacks in history was wide reaching. Further calls for safeguards and regulation have been made in what is currently the world’s most crypto friendly nation. Rather than a heavy […]
Japanese cryptocurrency exchange Coincheck has submitted a report to the country’s financial authority outlining measures it will take following the hack that lost 58 billion yen worth of the cryptocurrency NEM from its platform. However, customers rush to withdraw 40.1 billion yen of their funds so far as the exchange resumes yen withdrawal service. Also […]
Japan’s financial regulator has issued a warning to a foreign cryptocurrency service firm that allegedly offers unlicensed financial instruments.
South Korea considers introducing a licensing system for crypto exchanges based on NY’s BitLicense. #NEWS
Coincheck has met the FSA deadline, handing in a report on the $534 mln NEM hack last month. #ANALYSIS
Cryptocurrency traders will sue hacked exchange Coincheck after the exchange froze withdrawals of crypto to wallets #NEWS
August is when GMO Internet says it could formally kick off its cloud mining service.
This past Friday, financial regulators in Japan began on-site inspections of 16 digital currency exchanges — two weeks after hackers stole $530 million in NEM tokens from Tokyo-based cryptocurrency exchange Coincheck, the largest virtual coin heist in history. Despite this heist — and concerns over lax security at other exchanges — regulators, investors, and enthusiasts in the […]
Japanese crypto investors will be taxed between 15 and 55 percent on their crypto profits. #NEWS
This Friday the Japanese exchange Coincheck has announced the resumption of yen (JPY) withdrawals will begin next week. The news follows the trading platform halting operations on the 26th of January. That day Coincheck was hacked and lost a total of 523,000,000 XEM, but the exchange promised to pay back the 260,000 customer accounts that […]
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Japanese cryptocurrency exchange Coincheck has said it plans to allow users to start withdrawing local currency from their accounts next Tuesday.