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New year, same old troubles — The FTX saga continues in 2023: Law Decoded, Dec. 26-Jan. 2
2.1.2023
Having been granted the opportunity to enjoy Christmas and the New Year with his family, former FTX CEO Sam Bankman-Fried has very few reasons for optimism in 2023
Bankrupt Crypto Exchange FTX to Start Letting Customers in Japan Withdraw Funds
1.1.2023
FTX customers in Japan will soon be able to withdraw their funds that are currently frozen due to the bankruptcy process. Two FTX-owned crypto exchanges, FTX Japan and Liquid, are developing a system to allow withdrawals by mid-February. FTX’s Japanese Customers Can Withdraw Funds Soon...
Insurance Giant Tokio Marine to Offer Its Services in the Metaverse
31.12.2022
Tokio Marine, the biggest property/casualty insurance group in Japan, is taking its services and operations into the metaverse. The group, which has more than 39,000 employees all over the world, will allow its users to review and purchase insurance products on a metaverse platform, using real...
Today in Crypto: FTX-owned Liquid to Start Refunding Customers in February, The Bahamas SEC Holds $3.5M of FTX Assets
30.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: FTX-owned Liquid to Start Refunding Customers in February, The Bahamas SEC Holds $3.5M of FTX Assets
FTX Japan to Allow Customers to Withdraw Funds Starting in Mid-February
30.12.2022
The plan would make FTX Japan customers some of the first of the collapsed crypto exchange to get their money back
Kraken Shutting Down Crypto Exchange in Japan Citing Weak Global Crypto Market
29.12.2022
Cryptocurrency exchange Kraken is shutting down services in Japan. The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed to further grow its business in Japan at this time. Kraken Exiting Japan Cryptocurrency exchange...
Today in Crypto: Scammers Impersonate the US Department of State, MicroStrategy Buys-Sells-Buys Bitcoin, Midas Investments Closes Doors Due to Major Losses
28.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Scammers Impersonate the US Department of State, MicroStrategy Buys-Sells-Buys Bitcoin, Midas Investments...
First Mover Americas: Sunset for Kraken in Japan
28.12.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 28, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Japanese Gaming Company Gumi Partners With Square Enix and SBI Holdings to Strengthen Metaverse Pivot
28.12.2022
Gumi, a Japanese mobile gaming company, has partnered with Square Enix and SBI Holdings to build new business opportunities around the metaverse. The deal, which also includes the issuance of new stock valued at $52.7 million dollars, will allow the company to acquire financial and content creation...
Crypto Exchange Kraken to End Japan Operations
28.12.2022
Cryptocurrency exchange Kraken said it will exit the Japanese market and de-register from the Financial Services Agency (JFSA) as of Jan. 31, 2023
Kraken quits Japan for second time blaming a ‘weak crypto market’
28.12.2022
The crypto exchange said it will deregister from Japan’s Financial Services Agency as a Crypto Asset Exchange Operator from Jan. 31, 2023
Japan Plans to Allow Local Listing of 'Foreign' Stablecoins: Nikkei
27.12.2022
The Financial Services Agency is seeking feedback on new stablecoin regulations set to take effect in 2023
Japan Poised to Lift Ban on Non-domestic Stablecoins
27.12.2022
Japan’s top financial regulator is set to do away with a long-standing ban on the distribution of foreign firm-issued stablecoins.
Per Nikkei, the Financial Services Agency (FSA), the regulator that polices the crypto sector, will make the move “as early as next year.” But the body added that...
Today in Crypto: BTC.com & BitKeep & Defrost Finance Hacked, North Korea Stole 1,000 NFTs, Japan to Lift a Stablecoin Ban
26.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BTC.com & BitKeep & Defrost Finance Hacked, North Korea Stole 1,000 NFTs, Japan to Lift a Stablecoin Ban
Japan to lift the ban on foreign stablecoins like USDT in 2023: Report
26.12.2022
None of the 31 crypto exchanges registered with Japan's Financial Services Agency are currently offering trading in stablecoins like USDT or USDC
Japanese Securities Giant SBI, Gaming Firm Square Enix Seal Crypto Gaming Deal
23.12.2022
The Japanese securities, banking, and crypto heavyweight SBI and the Tokyo Stock Exchange-listed gaming firm Square Enix have announced a crypto gaming M&A deal. The companies have signed a share purchase deal for Gumi, an up-and-coming crypto and blockchain gaming company.
The deal is worth...
Dating App Crypto Scammers Strike Again as Catfished Japanese Man Loses $90k
21.12.2022
Crypto scammers are ramping up their catfishing campaigns on East Asian dating apps, with another Japanese man falling victim to fraudsters. The man lost “more than $90,000” to a “foreign woman” – who has since vanished.
NHK reported that, per the police, the man – aged in his 50s and a resident...
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%
20.12.2022
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese central bank was one of the only banks worldwide to hold off on raising benchmark interest rates,...
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets
20.12.2022
Ethereum rose back above the $1,200 level on Tuesday, as the dollar rebounded following the latest Bank of Japan (BOJ) policy decision. The bank adjusted its yield curve control, which increased its cap on the 10-year government bond, allowing moves of up to 50 basis points (bps), up from 25 bps....
Bitcoin ditches $16K dip as 'Leeroy Jenkins' Bank of Japan flattens dollar
20.12.2022
BTC price sees short-term relief as the DXY falls, but Bitcoin analysts warn that Japan's move means carnage for global markets