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Nalezeno "BitBank": 12

Japan to Review Crypto Regulations, Potentially Easing Tax Burden

1.10.2024
Japan is reportedly set to review its cryptocurrency regulations, potentially reducing taxes on digital assets. The Financial Services Agency (FSA) plans to assess whether current crypto regulations under the payments act provide sufficient investor protection. The review may lead to reclassifying...

Mt. Gox Moves $2.71 Billion BTC, 1544.7 Bitcoin Sent To Bitbank

5.7.2024
Mt. Gox, the defunct crypto exchange, has begun moving large amounts of Bitcoin as part of its long-awaited repayment plan. This action, coupled with movements from government-held wallets, has led to a sharp decline in Bitcoin’s price. Breaking Down the Bitcoin Movements According...

Hong Kong Authorities Block Two Crypto Websites Suspected of Fraud

20.12.2023
Source: Pixabay The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding two crypto firms suspected of engaging in fraud. The watchdog has cautioned the public to be wary of “LonShiX” and “Bitbank (Global) Financial Holding Group,” both...

Japanese Megabank Mitsubishi UFJ Teams up with Crypto Exchange for Stablecoin Project

8.11.2023
Source: Funtap/Adobe The Japanese banking giant Mitsubishi UFJ will join forces with one of the nation’s biggest crypto exchanges for a new stablecoin offering. The bank will team up with Bitbank, one of Japan’s biggest and longest-running crypto exchange platforms. The firms and their partners...

Japan's Bitbank to set up a custody firm to facilitate institutional entry to local markets

24.5.2022
In partnership with Sumitomo Mitsui Trust Holdings, crypto exchange Bitbank revealed plans to establish JADAT, a crypto-specialized custodian

Major Japanese Bank Sumitomo Mitsui Trust to Launch Cryptocurrency Custody Business

24.5.2022
Sumitomo Mitsui Trust, one of the major banking institutions in Japan, will reportedly enter the cryptocurrency custody business. The company is entering a partnership with Bitbank, a Tokyo-based cryptocurrency exchange, to launch a new company that will focus on offering institutional-grade...

Japanese Gaming Giant Enters Metaverse, BitBank Adds Lightning Amid Crypto Tax Reform Call

18.2.2022
As the Japanese crypto scene is sending more signs of adoption and investments, a blockchain business leader is calling for a crypto tax laws reform. Here's what recently happened in the Land of Rising Crypto Sun. ... Read More: Japanese Gaming Giant Enters Metaverse, BitBank Adds...

26% of crypto investors in Japan tried out NFTs: Survey

26.11.2021
Major Japanese cryptocurrency exchange Coincheck launched its own NFT marketplace back in March 2021

Leading Bitcoin Payments Processor Bitpay Joins Crypto Patent Alliance COPA

18.4.2021
The world’s largest provider of cryptocurrency payment services, Bitpay has announced the company is joining the Square-founded crypto patent effort the Crypto Open Patent Alliance (COPA). Bitpay has been working with blockchain products since 2011 and the firm will share open-source projects...