Tokyo court hands down surprise ruling against Mt. Gox CEO Mark Karpeles

After years of waiting, the next chapter in the Mt. Gox cryptocurrency exchange saga has finally drawn to a close. The exchange’s founder and former CEO, Mark Karpeles, stood trial in Tokyo for his role in the demise of the exchange, ultimately being charged with embezzlement, price manipulation and other charges. The Japanese court has…

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PR: ACD and Bitcoin.com Have Teamed up to Launch Payments With Bitcoin Cash

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. December 28th, 2018 Bitcoin.com ACD Inc Bitcoin.com CEO Roger Ver…

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Japanese Exchange Bitpoint Launches Trading Platform in Panama

On Wednesday Dec. 12, Japanese cryptocurrency exchange Bitpoint announced the launch of a crypto-to-fiat trading platform in Panama. The regulatory-compliant exchange will offer USD pairs with top cryptocurrencies like bitcoin cash, ethereum, bitcoin core, litecoin, and ripple. Also read: BCH Devs Discuss Securing Instant Transactions With the Avalanche Protocol Bitpoint Japan Expands to Latin America Bitpoint…

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Tokyo Police Crackdown on Alleged Crypto Pyramid Scheme, Arrest Eight Individuals

As global regulators rush to institute legal frameworks aimed at reducing the amount of fraud and scams that exist within the cryptocurrency industry, a recent series of arrests in Tokyo highlight just how important regulations can be. Earlier today, police in Tokyo arrested eight individuals in connection to an alleged cryptocurrency pyramid scheme that collected…

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Crypto Hedge Fund Launches Retail Public Offering in Japan

Epoch Partners launched the retail public offering for a new hedge fund in Japan this week that will focus on cryptocurrencies and digital assets. Subscriptions for the offering, which opened on Oct. 15, have been capped at 100 billion yen ($892 million). Also Read: Research: 1 of 5 New Hedge Funds in 2018 Is a…

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SBI Ripple Asia Receives Licence for Inter-Bank Blockchain Payments

SBI Ripple Asia, the Tokyo-based joint enterprise of SBI Holdings and Ripple, has registered as a substitute agent for electronic settlement with the Ministry of Finance bureau in the region of Kantou. This is the first step in the process of legally implementing the blockchain-based ‘MoneyTap’ service in Japan. Join the Leading Industry Event! Inter-bank…

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Mizuho’s Trading Platform Crashes as IPO Stocks Debut

Mizuho Financial Group’s online stock platform crashed on Tuesday due to a system failure. The technical issue occurred at the same time of Kokusai Pulp & Paper Co, whose initial public offering the bank underwrote, listed on the Tokyo Stock Exchange. According to a report from Bloomberg, the crash of Mizuho’s Net Club website was…

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SBI Holdings Invests in Potamus Holdings

According to an official press release, SBI Crypto Investment has made a strategic investment in Potamus Holdings. Potamus Holdings is the parent company of Potamus Trading, which is a broker-dealer which offers trading infrastructure.  SBI Crypto Investment is a subsidiary of SBI Holdings, a provider of inter-based financial services. Potamus Holdings is based in Boston and SBI…

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Yahoo! Japan Buys 40% of BitARG Exchange, Tokyo ⋆ ZyCrypto

Yahoo Corporation’s recent decision to purchase a minor stake of the BitARG cryptocurrency exchange is for them to be part of the cryptocurrency world. Yahoo! Japan, a mailing service that has over the years dived into various sectors, including finance has decided to buy some stake in the Tokyo cryptocurrency exchange, BitARG. Though top cryptocurrency…

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74 Beauty Clinics in Japan Now Accept Payments in BTC

This week the Japanese cryptocurrency exchange and payment processor, Bitflyer, announced its partnership with SBC Medical Group the parent company of the popular Shonan Beauty Clinic. The union between both firms means that 74 clinics nationwide will allow patients to settle their bills in cryptocurrency. Also read: Markets Update: BTC Price Jumps Over $1000 in Less…

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Two Crypto Exchanges Suspended by Japan's Financial Regulator

The Financial Services Authority of Japan has imposed penalties on three cryptocurrency exchanges following inspections of trading platforms in the country. Two of them have been ordered to suspend operations. Officials are not satisfied with the measures implemented to prevent money laundering and systemic risks.    Also read: CEO of Korean Exchange Coinnest among Four…

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Data points to further economic expansion in Japan

Japan February output rose 4.1 percent from a month ago, beating economists’ forecast of a 5.0 percent increase. Factory output is seen rising at 0.9 percent in March and gaining 5.2 percent in April. Labor demand strengthens again in February. Japan’s industrial production rebounded in February from a large decline in the previous month and…

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