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Japanese Parliament Moves New Crypto Regulations to the Upper House

The Japanese House of Representatives has passed new crypto regulation in the upper house of the National Diet, local news agency Nikkei reports on May 21.The lower house has reportedly moved crypto-related amendments to the existing financial law to the House of Councillors at a recent plenary session.                 According

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Bitmain-Backed Japanese Crypto Exchange Liquid Readies US Launch

By CCN: Liquid, a Bitmain-backed Japanese cryptocurrency platform operated by Singaporean crypto exchange Quoine, plans to expand into the United States. Liquid hopes to on-board U.S. clients by January 2020.In an April 29 statement, Liquid said it partnered with a consortium of crypto and fintech investors called Virtual Currency Partners

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CEO of Japanese Finance Giant SBI Appointed as Ripple Labs Executive

Disclaimer. This article has been updated to include comments from Yoshitaka Kitao during the financial results conference call.Yoshitaka Kitao, CEO and representative director of Japanese financial services giant SBI Holdings, has been appointed as an executive of Ripple Labs Inc., Cointelegraph Japan reports on April 26.As previously reported, SBI Holdings

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Japanese Billionaire SoftBank Founder Lost $130 Million on Bitcoin Investment

Japanese billionaire and founder of multinational conglomerate SoftBank Group, Masayoshi Son, reportedly lost over $130 million with his bitcoin (BTC) investment, the Wall Street Journal reports on April 23.Per the report, people familiar with the matter claim that Son made the investment at the recommendation of Peter Briger, the

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Japanese Cryptocurrency Exchange Zaif to Resume Activity Seven Months After Hack

Japanese cryptocurrency exchange Zaif announced that the transfer of the business from Tech Bureau to Fisco Digital Asset Group (FDAG) will become effective on April 22, and that normal activity will resume on the next day. Cointelegraph Japan reported on the developments on April 20.Bitcoin (BTC), bitcoin cash (BCH),

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Japanese Regulators to Introduce New Rules Regarding Exchanges’ Cold Wallets

Japan’s Financial Services Agency (FSA) will reportedly introduce new rules regarding cold wallets for storing cryptocurrencies at crypto exchanges, Reuters reported on April 17.Citing a source familiar with the matter, Reuters reports that the country’s financial regulator will reportedly require cryptocurrency exchanges to strengthen internal supervision of cold wallets

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