Cryptocurrency Analysis and News Portal
LVC Corporation, the crypto subsidiary of messaging giant Line, will launch trading of its proprietary cryptocurrency Link in Japan in April.According to a press release on Jan. 30, LVC is also developing a system meant for Link’s debut in Japan on its local cryptocurrency exchange BitMax. Line already began Link
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An official of the central bank of Japan announced Thursday that it must brace itself for the issuance of virtual currencies, considering the fast-evolving world of global payments.Not much media coverage has been given on Japan’s digital currency until now. It all started when at a recent finance seminar Masayoshi Amamiya,
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Japan needs to keep researching a central bank digital currency, even if it won't launch one just yet, accord to the Bank of Japan's (BoJ) deputy governor.As per a Reuters report on Thursday, Masayoshi Amamiya said at a Tokyo seminar that if advances in payments technology arrive quickly, there may
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This week’s news from Japan included declining trading volume, statements from prominent figures on China’s pending digital currency, a Lisk staking announcement and a blockchain-based letter of credit.Check out some of this week’s crypto and blockchain headlines, originally reported by CryptoX Japan.Japanese Prime Minister Aso warns against digital YuanJapan’s
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Bitcoin (BTC) and cryptocurrency exchanges in Japan will face significant restrictions on margin trading as soon as this Spring, according to reports.Referencing sources at Japan’s finance regulator, the Financial Services Agency (FSA), local English-language news outlet Japan Times revealed plans to limit margin leverage to twice the total of
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XRP, Ripple’s native cryptocurrency which increased by more than 15 percent in merely two days, will be delisted from BITBOX. The exchange is operated by Japan’s biggest messaging application LINE.Why is XRP being delisted, and what impact will it have?In a standard statement, the BITBOX team said that it actively
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Huobi Japan announces plans to raise approximately JPY 500 Million (USD 4.6 Million) in new funding. The funding was raised by issuing new stocks to the Tokai Tokyo Financial Holdings (TTFH) through private placement. The stock issuance is set for Q1 2020. TTFH is a comprehensive securities firm that provides financial services such
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Japanese financial services firm Tokai Tokyo Financial Holdings will invest about 500 million yen (nearly $4.6 million) in the Japanese branch of cryptocurrency exchange Huobi.According to a press release on Dec. 26, the investment is part of a broader collaboration with Huobi Japan, wherein Tokai will acquire shares in
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Built on Quorum, a permissioned blockchain based on ethereum and developed by JPMorgan, IIN is designed to enable member banks to exchange information in real time, allowing them to verify a payment has been approved. This, the bank says, helps reduce friction in international payments and ultimately leads to faster
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