Japan Explores Crypto ETFs after Snubbing Bitcoin Futures

Japan Explores Crypto ETFs after Snubbing Bitcoin Futures

Cryptocurrencies have had a rough 2018. A yearlong sellout has been crushing for a large portion of the investors who were hoping for prices to recover after the January 2018 plunge. Moreover, cryptocurrencies’ continued association with stories of fraud and money laundering related crimes have not helped in improving their image. This caused authorities across the world to clamp down on the digital assets market and block, ban or bar most of them from trading…

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Japanese IT Giant GMO Internet Quits Mining Equipment Business

Japanese IT Giant GMO Internet Quits Mining Equipment Business

The fallout from the downfall of cryptocurrency prices continues as a Japanese IT giant GMO Internet says it will stop making and selling crypto mining equipment after a year in harsh market losses. In December 2017, cryptocurrencies were at their peak; however, just a couple of weeks later, they had suffered the largest downfall in crypto market’s lifetime in January 2018. Cryptocurrencies and digital assets suffered this downtrend throughout 2018. A year of underwhelming and…

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Research: Asia Might Be the Most Influential Region in the Global Cryptocurrency Ecosystem

Research: Asia Might Be the Most Influential Region in the Global Cryptocurrency Ecosystem

A recent research by the Mosaic research team suggests that the Asian region does not get enough recognition for the vital role it plays in the global cryptocurrency ecosystem. Due to the erroneous view from major cryptocurrency headlines, nine of ten people will argue that European countries and the United States are in control of the wheels in the crypto verse, especially in terms of influencing cryptocurrency prices. This can’t be further from the truth…

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Japan Introduces Initial Coin Offering (ICO) Regulations to Protect Investors

Japan Introduces Initial Coin Offering (ICO) Regulations to Protect Investors

On December 1, it was reported that Japan’s Financial Services Agency is set to launch regulations on initial coin offerings (ICO). Japan has moved towards regulation in this area because of concerns of ICO frauds and scams around the world. The aim of the regulation is to protect Japanese investors by limiting the amount they can invest in ICOs. Additionally, businesses offering their own cryptocurrencies will be required to register with the Financial Services Agency….

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Japanese Cybersecurity Company Pinpoints Five Suspicious Transactions in the Hack into Zaif Exchange

Japanese Cybersecurity Company Pinpoints Five Suspicious Transactions in the Hack into Zaif Exchange

Security experts from Japan Digital Design (JDD) have been working on tracking down the source of the malicious hack against Zaif crypto exchange, which resulted in the theft of approximate $60 million in cryptocurrency. JDD reports that the hunt so far yielded evidences regarding five different suspicious transactions, and that the relevant data was imparted to the authorities. One of the methods that JDD employed on behalf of Zaif to learn more about such hacking attacks…

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Google to Re-Allow Crypto Exchange Ads in the U.S. and Japan

Google to Re-Allow Crypto Exchange Ads in the U.S. and Japan

It wouldn’t really surprise most people to hear that the most influential tech company in the world is Google; any tiny move that Google decides to take affects countless business entities and private individuals significantly. And indeed, when Google announced on its hermetic ban on crypto-related ads, it’s been tremendously consequential for many businesses and people that regularly conduct cryptocurrency business. Now, Google lifts its airtight embargo on cryptocurrency advertisements. Well, sort of. The Google…

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As Japan’s Police Reports Crypto Scams Tripled in H1 2018, Japanese Crypto Exchange Zaif Is Hacked

As Japan’s Police Reports Crypto Scams Tripled in H1 2018, Japanese Crypto Exchange Zaif Is Hacked

In another attestation to the growing phenomenon of crypto scams all around the world, Japanese police has disclosed that in the first six months of 2018, cryptocurrency frauds have tripled. And if that wasn’t enough, coincidentally, a Japan-based crypto exchange was recently hacked and lost dozens of millions of dollars. Ever since the end of World War II, Japan has always been one of the leading countries on the planet in technological innovation – and…

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