A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from giants Binance, […]
Cryptocurrency exchange Kraken is suspending all of its services to Japanese residents. The exchange has been allowed to operate in Japan while its application with the country’s financial regulator is being reviewed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Kraken Pulling Out of Japan Kraken announced on Tuesday the suspension of its services […]
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Coincheck, the Japanese exchange that lost ~$550 million worth of NEM to hackers, will stop dealing with Monero, Dash and Zcash. The trading platform has recognized the risk posed by these cryptocurrencies which provide high levels of anonymity. Half of the NEM coins stolen in the hack may have been converted already on the darknet, […]
Hacked Japanese exchange Coincheck is getting ready to start compensating its customers next week as it plans to resume operations. The exchange has been slapped with two business improvement orders so far by Japan’s financial regulator and may stop trading some cryptocurrencies for safety reasons. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 […]
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A recent survey of 10,000 men and women across Japan shows that 88% of them have heard of bitcoin. Among those that have bitcoin, 47% said that they have used it in retail stores but long-term investment is most respondents’ main reason for purchasing bitcoin. Also read: Local Japanese Government Considers ICO to Revitalize Region 88% […]
Japan’s largest bitcoin exchange by volume, Bitflyer, has launched its own reloadable Visa prepaid card. Customers can fund them using bitcoin through Bitflyer or other bitcoin wallets. The exchange is also giving away gifts to 1,000 customers during the launch period. Also read: Bitcoin Debit Cards Halt Service to Non-European Residents Due to Visa’s New […]
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Remixpoint, a Japanese company engaged in a number of energy-related businesses, has recently launched a new electricity service with bitcoin payments integrated to serve customers all over Japan. The company is now offering customers who pay with bitcoin a discount on their electricity bills. Bitcoin payments are processed by the company’s cryptocurrency exchange subsidiary, Bitpoint. […]
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Japan’s top customer-to-customer (C2C) ticket exchange marketplace, Ticket Camp, announced last week that it has become the first in the Japanese ticket industry to accept bitcoin. The site has about 5 million users and processes approximately 5.8 billion yen per month. Also read: World’s Largest Bitcoin Exchange Bitflyer Expands into US Market First in Ticket Industry […]
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