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Japan to Check Money Laundering Policies of Crypto Exchanges Ahead of FATF Inspection

Japan’s Financial Services Agency (FSA) is reportedly cracking down on crypto exchanges that offer anonymous transactions or have weak identity verification practices in preparation for inspection by the Financial Action Task Force (FATF) this fall. Nikkei Asian Review reported the development on May 22.The FATF will reportedly send its

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Japan Regulator Surprises Crypto Exchanges with Sudden On-Site Inspections

Japan’s Financial Services Agency (FSA) has reportedly carried out unscheduled onsite inspections at cryptocurrency exchanges Huobi Japan and Fisco Digital Asset Group(FDAG).According to Reuters, the inspection is taking place so that the regulatory body can find out if the exchanges have been taking adequate steps to protect their customers, as

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Blockchain Solutions Spending in Asia/Pacific, Bar Japan, to Hit $2.4 Bln by 2022

Blockchain solutions spending in Asia/Pacific excluding Japan (APEJ) is forecast to hit $2.4 billion by 2022, according to an April 23 report from United States-based market research firm International Data Corporation (IDC).IDC's Worldwide Semiannual Blockchain Spending Guide provides an analysis of spending data from the emerging blockchain sector from

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2019 Japan Prize Awarded for Significant Achievements in Technology and Science

2019 Japan Prize Awarded for Significant Achievements in Technology and Science April 9, 2019 by Jon Southurst Bitsonline was fortunate this week to attend the 35th Japan Prize presentation ceremony in Tokyo. The Prize, similar in status to the Nobel Prize, is awarded annually to recognize significant contributions to progress in

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East Japan Railway Co. To Allow Ticket Payment In Cryptocurrency via Suica Smart Card

East Japan Railway Company or JR East, Japan’s largest railway company, plans to start accepting payments in cryptocurrency through its Suica smart cards, according to a report by Japanese media house ANN News. For the project, JR East has partnered with Japanese cryptocurrency exchange DeCurret, which was approved recently by the

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