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Japanese Crypto Exchange SBI VC Trade Offers New Customers Free XRP


Japan’s newest crypto players are getting increasingly aggressive in their marketing efforts – with financial giant SBI now offering all new crypto customers handouts of the XRP token. SBI operates the SBI VC Trade crypto exchange, and per an official tweet, anybody opening an account between June...

57% of Surveyed Japanese Companies Set to Adopt Blockchain Technology


A survey of Japanese businesses has found that 57% of companies are considering blockchain adoption – but most fear that Japan is lagging behind other nations in the race to get blockchain-powered solutions up and running in the corporate world. These were the findings of a report from Tokyo-based...

Court Rules on What Japanese Exchanges Must Do with Hard Fork Tokens


A ruling made by a Tokyo District Court – and unearthed by the CEO of Japanese crypto exchange bitFlyer – appears to suggest that exchanges are not legally obliged to transfer any cryptoassets generated by hard forks to their customers. Per a series of tweets from bitFlyer CEO Yuzo Kano, a Tokyo...

Japan Implements Significant Changes to Cryptocurrency Regulation Today


Major changes are happening in the cryptocurrency space in Japan as new cryptocurrency regulation enters into force today. Among notable changes are the regulation of crypto custody service providers and crypto derivatives businesses. Japan has 23 regulated crypto exchanges; unregulated platforms...

Another Japanese SBI-backed Crypto Exchange Set to Begin Trading


The Japanese crypto scene is set to welcome its 23rd license-holding exchange after the heavily backed FXCoin platform announced it would begin trading next month. In an official statement, FXCoin stated that it was now accepting applications from traders wishing to open accounts on the platform...

Japanese Analyst Says Traditional Investors Will Come Flocking to Crypto


A Japanese analyst says that institutional investors are growing increasingly crypto-keen – and believes that the coronavirus pandemic will only serve to heighten their interest. Per Fisco, via Gentosha, popular Japanese blockchain and crypto author and analyst Tetsuyuki Oishi says that...

Politician Challenges Japanese Gov’t on Crypto Tax Rate, Urges Review


Shun Otokita. Sourse: a screenshot, Instagram/otokitashun A Japanese lawmaker has challenged the government on its crypto tax rate policy, claiming that the current rate of taxation on crypto-related profits is “too high” – claiming that “investors are moving their money overseas” rather than...

Japanese Government Green-lights New Crypto, STO Regulations


After a slight delay due in part to the coronavirus outbreak, the Japanese government has green-lighted two new legal crypto exchange-specific amendments to existing financial acts, paving the way for new banking regulations and cold wallet requirements. The new laws will also potentially pave...

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