Japan’s New FSA Chief Backs Crypto Industry Growth

The new head of Japan’s primary financial regulator has backed the domestic cryptocurrency sector to grow while ruling out ‘excessive’ regulation for exchanges. In statements certain to encourage the domestic cryptocurrency sector, Toshihide Endo, the newly appointed commissioner of Japan’s Financial Services Agency (FSA), told Reuters that the authority is aiming to ‘strike a balance’ […]

Continue Reading

Japan Slaps 6 Crypto Exchanges with Business Improvement Orders

Japan’s financial regulator has targeted six licensed cryptocurrency exchanges to issue business improvement orders, ramping up its scrutiny of the sector. Following on-site inspections into a number of exchanges, Japan’s Financial Services Agency – the country’s financial regulator and watchdog – has ordered half a dozen licensed exchanges to rehaul and improve their management systems […]

Continue Reading

Japanese Crypto Exchange Accidentally Gives Bitcoins Away for Free

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bitcoin skeptics such as JPMorgan CEO Jamie Dimon have often claimed that Bitcoin is “worth nothing.” For approximately 18 minutes at one cryptocurrency exchange in Japan, these skeptics were right. On Tuesday, Zaif — a cryptocurrency exchange operated by Osaka-based Tech Bureau […]

Continue Reading