Four major South Korean cryptocurrency exchanges have reportedly joined their forces in order to combat money laundering, sources told local news agency The Korea Herald on Monday, Jan. 28. Quoting a report from South Korean news…
Tag: Japanese crypto policy
Japan: E-Commerce Giant Rakuten to Move Crypto Exchange to New Payments Subsidiary
Japanese e-commerce firm Rakuten has announced a revision to its corporate restructure, setting up a new payments subsidiary that includes its cryptocurrency business, Cointelegraph Japanreported Jan. 21. Rakuten, known informally as ‘Japan’s Amazon,’ originally revealed in…
Japan: Seven Cryptocurrency Exchanges Could Receive FSA-Issued Licenses in Six Months
According to new insight into the Japanese financial agency’s review process of companies applying for a cryptocurrency exchange license, seven applications will be either approved or rejected within six months. Cointelegraph Japan reported on this development on Jan….
Japan’s Financial Regulator May Approve Crypto ETFs: Report
Japan’s Financial Services Agency (FSA) is apparently open to approving crypto exchange-traded funds (ETFs). A Bloomberg report on Monday, citing a person “familiar with the matter,” said that the FSA is…
Japanese Financial Regulator Receives 190 Cryptocurrency Exchange License Applications
The Japanese Financial Services Agency (FSA) received 190 cryptocurrency exchange license applications, an unnamed FSA staff member told Cointelegraph Japan on Dec. 28. The FSA has given the local…
Japanese Giant Mizuho Financial Group to Introduce Digital Currency for Cashless Payments
Japan’s Mizuho Financial Group plans to introduce a digital currency to be used for remittances and payments in March, English-language Asian media Nikkei reports Dec. 26. According to the…
Japan’s Financial Regulator to Introduce New ICO Regulations
Japan’s financial regulator is set to introduce new Initial Coin Offering (ICO) regulations to protect investors from fraud, local news outlet Jiji Press reported Dec. 1. According to “informed”…
Japan: Queries About Cryptocurrencies Steadily Decline, Financial Regulator Reveals
The number of enquiries about cryptocurrencies from Japanese investors has declined in the third quarter of 2018, according to a report published by Japan’s Financial Services Agency (FSA) Friday,…
Japanese Crypto Exchange Group Gets Legal Status to Self-Regulate
The Financial Services Agency (FSA), Japan’s finance regulator, has formally approved a cryptocurrency exchange association as a self-regulatory industry body. The FSA said in a notice on Wednesday that…
Japanese Taxation Committee Seeks to Simplify Cryptocurrency Tax Reporting
A Japanese taxation policy committee held a debate with the aim of simplifying cryptocurrency tax Wednesday, Oct. 17, Japanese daily news outlet Sankei News reports. Highlighting the complex tax…
