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Japan raps Coincheck, orders broader checks after $530 million cryptocurrency theft The hack has drawn into focus Japan's approach to regulating cryptocurrency exchanges. Last year, it became the first country to regulate exchanges at the national level - a move that won praise for boosting innovation and protecting consumers, and that contrasts sharply with crackdowns in South ...
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Cryptocurrency scams reel in Asia's unseasoned investors Asian investors are piling into cryptocurrencies, but many may be unaware of the risks. (Photo by Wataru Ito). TOKYO -- The cryptocurrency boom has created fertile ground for hackers and fraudsters in Asia, where market experts warn that financial literacy is not keeping pace with economic growth.
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Bitcoin price – today's exchange rate value in GBP and USD as cryptocurrency continues to fall He said: "There are great concerns regarding virtual currencies and justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges." It comes just months after its price exceeded the value of an ounce of gold for the first time – then about £940. But investors are worried by the ...
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Bitcoin is BORING!' Here's what needs to happen before EVERYBODY uses cryptocurrency Bitcoin and the cryptocurrency craze has been met with scepticism by institutional investors, but Bonnie Cheung, a venture partner at 500 Startups, has revealed what needs to happen for everybody to adopt the digital currency. Speaking to Bloomberg, Cheung said: "From an investor perspective, ...
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Japan has a new cryptocurrency-themed girl band A new J-pop girl band is capitalising on the cryptocurrency craze by singing about the digital currency market while wearing metallic wrestling-style masks and French maid dresses. Each girl in the eight-strong group, who go by the name of Virtual Currency Girls – or Kasotsuka Shojo in Japanese ...
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Chaos vs. Order — The Cryptocurrency Dilemma Order — The Cryptocurrency Dilemma. Crypto crypto crypto crypto. It's here. It's happening in a big way, and faster than anyone can keep track. Let's consider two main trends in the space: Blockchain as a technology — there is a nuclear arms race for the next best blockchain. Cryptocurrency as a ...
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Japan's FSA to conduct inspections on other cryptocurrency exchanges After the Financial Services Agency (FSA) ordered Coincheck to submit a report on the hacking incident that took place last week, Reuters reports that the Japanese financial regulator is considering conducting inspections on other cryptocurrency exchanges. The post Japan's FSA to conduct inspections ...
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