Not
all Japanese crypto exchanges are playing along.
The post
Japanese Crypto Exchanges Strengthen Self - Regulation Following Coincheck Hack appeared first on Bitcoin News.
Coincheck hack, Japan's Financial Services Agency (FSA) conducted on - site inspections of the 15 as - of - yet unregistered
Japanese crypto exchanges.
Last week, two
Japanese crypto exchanges decided to shut down rather than work with regulators on compliance.
A report of a sale by the trustee of funds from collapsed
Japanese crypto exchange Mt.Gox also contributed to the negative sentiment.
Featured 6 hours ago By Kevin Helms — 2125
Japanese Crypto Exchange GMO Vows to Improve After Regulator Orders Upgrades...
Japanese crypto exchange Coincheck, made famous after hackers made off with more than $ 400 million in digital token NEM, has been acquired.
The token was involved in a huge cryptocurrency heist in January, when hackers stole around $ 530 million worth of the digital asset from
Japanese crypto exchange Coincheck.
As a part of that plan, the operator of
Japanese crypto exchange GMO Coin, GMO Internet, has announced that it will be creating a Group Information Security Audit Office whose role will be to strengthen security measures to protect its customers and their information.
Japanese crypto exchange Coincheck announced that it would reimburse roughly $ 425 million to its users affected by the recent hack.
Japan's Financial Services Agency (FSA) has ordered the suspension of two more cryptocurrency exchanges and sent a business improvement notice to another, following a series of inspections after the January hack of around $ 534 mln in NEM from
Japanese crypto exchange Coincheck, local news outlet Nikkei Asian Review reports today, April 6.
The aftermath of the January 26 hack of more than $ 500 mln worth of NEM from
Japanese crypto exchange Coincheck has led to a regulatory re-examination of Japan's crypto industry, so far culminating in the $ 33.5 mln sale of the hacked exchange to Japanese financial services provider Monex Group.
Recently, it was notably involved in a theft, when hackers stole over $ 500 million - worth of the digital asset from
Japanese crypto exchange Coincheck, though prices suffered little as a result.
The aftermath of the January 26 hack of more than $ 500 mln worth of NEM from
Japanese crypto exchange Coincheck has led to a regulatory re-examination of Japan's crypto industry, so far culminating in the...
«Bitcoins for Free»:
Japanese Crypto Exchange Zaif Was Accidentally Giving Bitcoins Away for 20 Min
Search giant Yahoo! will buy 40 % of
a Japanese crypto exchange next month and launch one of its own in 2019, reports claim.
Japanese crypto exchange operator creates new group to advise on increased security protection measures for customers» data GMO Internet, the operator of
Japanese crypto exchange GMO...
Also the hack of
the Japanese crypto exchange Coincheck, where some hundreds of millions of dollars disappeared caused enough unrest.
Japanese crypto exchange Coincheck, made famously after hackers made off with more than $ 400 million in digital token NEM, has been acquired.
Japanese crypto exchange Coincheck was the victim of a $ 530 million heist in January.
The latest difficulties comes as Zaif gains increased regulatory scrutiny in the wake of January's $ 530mln hack of
Japanese crypto exchange Coincheck.
Japan's cryptocurrency sector was shaken at the beginning of this year by a hack of around around $ 534 mln in NEM at
the Japanese crypto exchange Coincheck.
Notably, NEM's cryptocurrency was involved in a hack in late January, when hackers stole around $ 530 million - worth of the digital asset from
Japanese crypto exchange Coincheck.
This time around, the FSA told
the Japanese crypto exchange Eternal Link that it was to stop all business operations as of today, April 6th.
The biggest
Japanese crypto exchange, Coincheck, may also be getting a new owner.
The hacked
Japanese crypto exchange Coincheck has confirmed its intention to refund the stolen money to the affected 260,000 users, the NEM.io Foundation said in its blog post.
Not exact matches
By Samuel Mowers at Investorideas.com France Cuts Tax Rates,
Japanese Exchange Almost as Successful as Stock
Exchange Operator and Australian Regulator Talks
Crypto France's tax...
This week the
Japanese Financial Services Agency (FSA) distributed a report, in the wake of examining
crypto -
exchanging stages in the nation.
#
Crypto Corner: France Cuts Tax Rates,
Japanese Exchange Almost as Successful as Stock
Exchange Operator and Australian Regulator Talks
Crypto - April 27, 2018
Capital flowed back into bitcoin on Tuesday amid reports that a major
Japanese exchange was planning to make a bid for Coincheck, the Tokyo - based
crypto platform that was recently hacked.
Clients thought about by
Japanese Financial Services Agency uncover that the nation's aggregated
crypto -
exchanging -LSB-...]
A new report reveals $ 6.2 million worth in
crypto assets being stolen from
Japanese exchanges and users» wallets via hacker attacks.
Bitcoin rose after reports
Japanese online broker Monex Group is looking to take over recently hacked
crypto exchange Coincheck.
Capital flowed back into bitcoin on Tuesday amid reports that a major
Japanese exchange was planning to make a bid for Coincheck, the Tokyo - based
crypto platform...
Finally, Japan's demand for stronger security on
exchanges actually bodes well for Bitcoin, since it may help restore
Japanese investors» faith in
cryptos following the $ 530.0 - million Coincheck hack.
The Binance hack, SEC's new regulations for
exchanges, and penalties on
exchanges issued by the
Japanese regulatory body have all jointly served to spark a widespread sell - off in
crypto markets.
BitFlyer, a
Japanese cryptocurrency
exchange has delighted
crypto enthusiasts worldwide with their announcement of expanding base into U.S. wherein it has received an approval of operating in 42 states.
Regulators around the world have been ramping up supervision of the cryptocurrency space this week, with
Japanese regulators suspending two cryptocurrency
exchanges and the US Securities and
Exchange Commission telling
crypto exchanges they must register with it.
NEM was the cryptocurrency that was the target of the biggest ever hack attack that took place in January this year, where $ 530 million worth of NEM token were stolen from the
Japanese crypto -
exchange Coincheck.
Bit Station and FSHO, two
crypto exchange platforms in the country, were suspended by the
Japanese government last Thursday.
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Bitfinex, the popular bitcoin and cryptocurrency
exchange company today announced a fiat expansion that will see the addition of a number of new
crypto - fiat trading pairs, as well as the enabling of deposits and withdrawals in
Japanese Yen and British Pound Sterling.
News Five cryptocurrency
exchanges in Japan are closing after their operators reportedly withdrew their applications with the
Japanese financial regulator to operate
crypto exchanges.
The move comes in the wake of January's $ 532 mln hack of
Japanese exchange Coincheck, dubbed the biggest
crypto theft in history.
Japanese cryptocurrency
exchange Bitflyer reported a 100 % increase in the number of its users in just the past four months, as the company continues to grow
crypto adoption in Japan by partnering with major stores.
Last week, Altcoins hit the lowest levels in the last four months after
Japanese and South Korean regulators clamped down on
crypto exchanges.
Five cryptocurrency
exchange operators in Japan have withdrawn their applications with the
Japanese Financial Services Agency (FSA) to register their
crypto exchanges, Nikkei reported on Thursday, adding that «More are expected to follow, as the FSA has given several
exchanges a chance to voluntarily close before ordering them to do so.»
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Featured
Japanese cryptocurrency
exchange Bitflyer reported a 100 % increase in the number of its users in just the past four months, as the company continues to grow
crypto adoption in Japan by partnering with...
News
Japanese cryptocurrency
exchange Coincheck is reportedly considering a capital tie - up in order to regain the trust of
crypto investors, following a recent hack where 58 billion yen worth of cryptocurrency was lost.