Japan Bitcoin
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Metaplanet Announces JPY 4 Billion Venture Arm to Support Japan's Startups, Bitcoin Infrastructure
Metaplanet plans to invest JPY 4 billion through a new venture initiative aimed at supporting startups building Bitcoin-related infrastructure. The Tokyo-listed company will deploy the funds over the next few years through its new subsidiaries and may also support incubator programmes and grants for developers working on the Bitcoin ecosystem.
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UK Treasury Secretary Dismisses Creation of US-Like National Crypto Reserve
Emma Reynolds, the Economic Secretary of the Treasury, said that the UK was not looking to mirror the US in creating a national crypto stockpile. Reynolds did, however, say that the UK supported the US on increasing Web3-focussed collaborative efforts.
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Japan, US Blame This Country For $300 Million Crypto Theft
A North Korean hacking group stole cryptocurrency worth over $300 million from the Japan-based exchange DMM Bitcoin, according to Japanese police and the United States' FBI.
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Bitcoin Grabs Attention of World’s Largest Pension Fund Based in Japan
Japan’s Government Pension Investment Fund (GPIF) is considering diversifying investment portfolios. The organisation is launching a research programme to study other potential investment assets like farmland, gold, Bitcoin among others.
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Japan’s E-Commerce Major Mercari Plans to Open BTC Payments For Over 20 Million Users
Mercari is planning to open Bitcoin payments in the coming months. The Tokyo-based e-commerce giant is reportedly expected to accept payments in Bitcoin while selling items in Japan’s fiat currency, the yen.
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Bitcoin ATM Growth Drops Amid Market Slowdown, Nearly 800 BTC ATMs Pulled Out of Global Network
The number of crypto ATMs around the world has dropped from 38,776 machines to 37,980 in the last few weeks. Lack of regulatory clarity and recent market slowdown is being touted among top reasons why the growth of BTC ATMs is bring hindered at the moment.
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Japan’s Line Pay to Add Native Crypto Token LINK as Payment Option at Select Digital Merchants
Japan’s Line Corporation is enabling payments at select digital merchants with its native token called LINK (LN). This is an experimental feature for users of the messaging app and the use cases will be analysed between March 16 and December 26 this year, the company said.
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Defunct Bitcoin Exchange Mt. Gox to Pay $9 Billion to Creditors, Closing Six-Year-Old Chapter
Mt. Gox will be paying $9 billion (roughly Rs. 67,531 crore) to its former customers who lost their Bitcoin holdings in a hack attack in 2014 with. The company is yet to announce detailed information on the distribution process
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Cryptocurrency Regulator Says Easing of Restrictions in Japan Must Wait
Japan needs more convincing of the merits for making cryptocurrency investing easier for its population, according to the country’s top regulator.
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Ethereum Extends Gains to Rise 8 Percent; Bitcoin Firms
Ethereum extended gains to rise more than 8 percent on Monday to $2,587 (roughly Rs. 1.88 lakhs) but remained 40 percent below a record high of above $4,300 (roughly Rs. 3.12 lakhs) hit earlier this month.
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Japan to Deepen Research Into Digital Currencies
Japan has no plans to issue central bank digital currencies right now but must deepen research on the possibility, a top government spokesman has said.
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Japan Court Backs Karpeles Conviction for Data Manipulation
A Japanese high court on Thursday upheld a lower court’s decision that the French head of Mt. Gox, a Tokyo-based bitcoin exchange that went bankrupt after a massive hacking attack, was guilty of manipulating electronic data but not embezzlement.
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Mt. Gox Founder Mark Karpeles Given Suspended Sentence by Japan Court
The court suspended the sentence for Mark Karpeles for four years, finding the French national guilty of data manipulation but innocent on charges of embezzlement, Kyodo said.
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Bitcoin Falls To Over Four-Month Low In Persistent Bearish Trend
Bitcoin dropped to a more than four-month low on Friday, continuing a downtrend after more negative headlines such as Japan's financial regulator ordering six digital currency exchanges to make improvements on their anti-money laundering systems.
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While The World Cracks Down, Japan Emerges As A Crypto Haven
Japan's emergence as a global center for cryptocurrencies didn't start with open-minded lawmakers or prescient investments by the country's financial giants. Instead, it began with an American felon who arrived in the country looking for a fresh start.
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Metaplanet Announces JPY 4 Billion Venture Arm to Support Japan's Startups, Bitcoin Infrastructure
Metaplanet plans to invest JPY 4 billion through a new venture initiative aimed at supporting startups building Bitcoin-related infrastructure. The Tokyo-listed company will deploy the funds over the next few years through its new subsidiaries and may also support incubator programmes and grants for developers working on the Bitcoin ecosystem.
-
UK Treasury Secretary Dismisses Creation of US-Like National Crypto Reserve
Emma Reynolds, the Economic Secretary of the Treasury, said that the UK was not looking to mirror the US in creating a national crypto stockpile. Reynolds did, however, say that the UK supported the US on increasing Web3-focussed collaborative efforts.
-
Japan, US Blame This Country For $300 Million Crypto Theft
A North Korean hacking group stole cryptocurrency worth over $300 million from the Japan-based exchange DMM Bitcoin, according to Japanese police and the United States' FBI.
-
Bitcoin Grabs Attention of World’s Largest Pension Fund Based in Japan
Japan’s Government Pension Investment Fund (GPIF) is considering diversifying investment portfolios. The organisation is launching a research programme to study other potential investment assets like farmland, gold, Bitcoin among others.
-
Japan’s E-Commerce Major Mercari Plans to Open BTC Payments For Over 20 Million Users
Mercari is planning to open Bitcoin payments in the coming months. The Tokyo-based e-commerce giant is reportedly expected to accept payments in Bitcoin while selling items in Japan’s fiat currency, the yen.
-
Bitcoin ATM Growth Drops Amid Market Slowdown, Nearly 800 BTC ATMs Pulled Out of Global Network
The number of crypto ATMs around the world has dropped from 38,776 machines to 37,980 in the last few weeks. Lack of regulatory clarity and recent market slowdown is being touted among top reasons why the growth of BTC ATMs is bring hindered at the moment.
-
Japan’s Line Pay to Add Native Crypto Token LINK as Payment Option at Select Digital Merchants
Japan’s Line Corporation is enabling payments at select digital merchants with its native token called LINK (LN). This is an experimental feature for users of the messaging app and the use cases will be analysed between March 16 and December 26 this year, the company said.
-
Defunct Bitcoin Exchange Mt. Gox to Pay $9 Billion to Creditors, Closing Six-Year-Old Chapter
Mt. Gox will be paying $9 billion (roughly Rs. 67,531 crore) to its former customers who lost their Bitcoin holdings in a hack attack in 2014 with. The company is yet to announce detailed information on the distribution process
-
Cryptocurrency Regulator Says Easing of Restrictions in Japan Must Wait
Japan needs more convincing of the merits for making cryptocurrency investing easier for its population, according to the country’s top regulator.
-
Ethereum Extends Gains to Rise 8 Percent; Bitcoin Firms
Ethereum extended gains to rise more than 8 percent on Monday to $2,587 (roughly Rs. 1.88 lakhs) but remained 40 percent below a record high of above $4,300 (roughly Rs. 3.12 lakhs) hit earlier this month.
-
Japan to Deepen Research Into Digital Currencies
Japan has no plans to issue central bank digital currencies right now but must deepen research on the possibility, a top government spokesman has said.
-
Japan Court Backs Karpeles Conviction for Data Manipulation
A Japanese high court on Thursday upheld a lower court’s decision that the French head of Mt. Gox, a Tokyo-based bitcoin exchange that went bankrupt after a massive hacking attack, was guilty of manipulating electronic data but not embezzlement.
-
Mt. Gox Founder Mark Karpeles Given Suspended Sentence by Japan Court
The court suspended the sentence for Mark Karpeles for four years, finding the French national guilty of data manipulation but innocent on charges of embezzlement, Kyodo said.
-
Bitcoin Falls To Over Four-Month Low In Persistent Bearish Trend
Bitcoin dropped to a more than four-month low on Friday, continuing a downtrend after more negative headlines such as Japan's financial regulator ordering six digital currency exchanges to make improvements on their anti-money laundering systems.
-
While The World Cracks Down, Japan Emerges As A Crypto Haven
Japan's emergence as a global center for cryptocurrencies didn't start with open-minded lawmakers or prescient investments by the country's financial giants. Instead, it began with an American felon who arrived in the country looking for a fresh start.
