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Blockchain Expo 2018: Unlocking the Internet of Value • April 18-19, 2018

Blockchain Expo will be arriving in London’s Olympia on 18-19 April, bringing together more than 1,500 people across key industries…

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Tag: japan

Kraken Set to Cease Cryptocurrency Trading Activities in Japan

Category: Altcoins, Bitcoin, Business, News

Kraken Set to Cease Cryptocurrency Trading Activities in Japan

On April 17, Kraken, one of the pioneer cryptocurrency exchange platforms in the world, has announced plans to withdraw from the Japanese market. Established in 2016, with its headquarters in San Francisco, the crypto exchange platform is pulling out of Japan due to the rising cost of business. Kraken began operating in Japan in October 2014 and plans to leave…

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The Strength and Survival of Japan in the Cryptocurrency Sector

Category: Altcoins, Bitcoin, Business, Commentary, News, Regulation

The Strength and Survival of Japan in the Cryptocurrency Sector

Despite the Mt. Gox scandal taking place in Japan and tarnishin the image of cryptocurrencies, the Asian powerhouse is increasingly becoming an epicentre for bitcoin and cryptocurrency; from pioneering regulation and legislation to the swelling adoption, here we provide an overview of the history of the crypto sector in Japan. On September 4, 2017, the world woke up to the…

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Japan’s FSA Suspends Two Cryptocurrency Exchanges Due to Poor KYC/AML Practices

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Japan’s FSA Suspends Two Cryptocurrency Exchanges Due to Poor KYC/AML Practices

Since the Coincheck hack that gifted some unknown cyberpunks $500 million worth of the altcoin XEM and the Zaif exchange system mishap, crypto-friendly Japan has increased its regulatory oversight on cryptocurrency exchanges in the nation. On Friday, April 6, the Japanese financial watchdog has pulled the trigger on two bitcoin exchanges who have gone against its statutes. No Room for…

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Crypto’s Next Big Problem: Skilled Blockchain Employee Shortage

Category: Altcoins, Bitcoin, Blockchain, Finance, News, Tech

Crypto’s Next Big Problem: Skilled Blockchain Employee Shortage

Few weeks after the massive $500 Million Coincheck hack, the company has come forth with a novel excuse which caused the issue: Lack of experienced engineers. With the blockchain and cryptocurrency space growing each day, demand for high employees is following close behind. Shortage of Skilled Labour In the days following the Coincheck fiasco the company came forth and blamed…

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bitFlyer COO Positive on the Future of Bitcoin in Japan and Across the World

Category: Altcoins, Bitcoin, Business, Commentary, Finance, News

bitFlyer COO Positive on the Future of Bitcoin in Japan and Across the World

According to Bartek Ringwelski, COO of bitFlyer, a company that claims to own the world’s largest bitcoin exchange in terms of trading volume, the next few years are critical for the cryptocurrency industry as formal regulation will decide the future course for the coming decades. ‘Defining’ Moment for Crypto In an interview with a renowned publication, Ringwelski expressed his views…

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Japan on the Verge of Legalizing Initial Coin Offerings (ICOs)

Category: Altcoins, Finance, News, Regulation

Japan on the Verge of Legalizing Initial Coin Offerings (ICOs)

While cryptocurrencies and initial coin offerings are banned entities in China, with countries like the U.S. and some others imposing strict regulations on the nascent digital currency ecosystem, Japan – a crypto friendly nation – is planning to legalize and regulate initial coin offerings. The Need for Regulation According to reports, a task force backed by the Japanese government has…

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Japanese Giant Line to Launch Blockchain Platform in South Korea

Category: Altcoins, Blockchain, Business, News, Tech

Japanese Giant Line to Launch Blockchain Platform in South Korea

Adding to the list of companies jumping on to blockchain based offerings is Line, a Japanese messaging platform. After announcing its support for cryptocurrencies a few months ago, the company is launching a blockchain subsidiary in South Korea. Companies Waking Up To Blockchain’s Potential Only a few months ago, Line announced its intentions to offer cryptocurrencies as a payment method…

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The Largest Cryptocurrency Exchange, Binance, Is Facing Serious Regulatory Heat

Category: Altcoins, Business, Commentary, Finance, News, Regulation

The Largest Cryptocurrency Exchange, Binance, Is Facing Serious Regulatory Heat

At a time when crypto exchanges across the globe are facing regulatory hurdles, Changpeng Zhao, founder of Binance, faces the daunting task of steering Binance towards calmer waters. Taking the Crypto Show on the Road Based initially in China, the exchange had to move its business elsewhere after the government began stamping out all forms of cryptocurrency trading within the…

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Abra CEO: “Bitcoin Price to Skyrocket Soon”

Category: Altcoins, Bitcoin, Commentary, Finance, News

Abra CEO: “Bitcoin Price to Skyrocket Soon”

The founder of cryptocurrency payments start-up Abra feels that there’s a lot of exaggeration involved in the reports of bitcoin’s imminent death. Bill Barhydt indeed predicts better days ahead for the widely popular digital currency, and it’s not just blind optimism that backs him. Institutional Investors Have yet to Take Over the Market Speaking at an interview, Barhydt explained that…

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BitFlyer and Luxury Car Firm Partner to Accept Bitcoin Payments

Category: Bitcoin, Business, News, Tech

BitFlyer and Luxury Car Firm Partner to Accept Bitcoin Payments

While the likes of bitcoin has become more and more popular as a form of payment for goods and services in recent times, it still has a long way to go before there is mass adoption. Many vendors, for instance, don’t have the know-how or desire to deal with accepting payments in cryptocurrencies, especially when the markets can be so…

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