Japan Crypto News

A top official says the U.S. and Europe should closely supervise crypto firms.

Due to Japan's liberal regulations, the crypto market in the country has a lot of potential, according to Monex's CEO.

The full closure will come after Coinbase finalizes discussions with Japanese regulators.

Mt. Gox has set March 10 as new deadline for repayment registration and approved creditors will now receive their BTC on Sept. 30 instead of July 31.

Kraken said affected users should withdraw their funds before Jan. 31, 2023, and added that deposits will be suspended by Jan. 9, 2023.

Even though the recent bear market isn't encouraging for Bitcoin, which has fallen by 66% since January, it's still better than the bear market of 2018.

Remittances through these stablecoins are limited to 1 million yen ($7500) per transaction.

Binance freezes $3 million after the Ankr attacker stole 6 quadrillions of aBNB, data shows over  8% of Bitcoin was purchased between $15,5K and. $17K, and much more in this edition of CryptoSlate Wrapped Daily.

The new FTX trading management team has approved the plan to resume withdrawal services, the Japanese subsidiary announced on Thursday.

Binance now controls over 75% of exchnages' monthly trading volume, according to available data.

Asia currently holds 7.3% of the total Bitcoin supply as market moves inversely to the West

Japan Credit Bureau announced it will start the “JCBDC“ pilot project to test contactless credit-card based settlement solutions for general use retail CBDC despite the central banks' cancellation of its CBDC project.

The Lazarus group sent phishing emails to employees of crypto companies and successfully infected their computers with malware.

The Japanese government has decided to revise six laws related to foreign exchange, which will also affect crypto trading platforms.

Mt. Gox has enabled an online claim function that will allow creditors to register their information and select a repayment method for subsequent disbursement of funds.  

Japan's Prime Minister Fumio Kishida has made Web3 development one of the pillars of economic revitalization since assuming office in 2021.

The government is looking to amend three laws simultaneously, one of which would help track where and when criminals send crypto.

The funding came in equal parts from Hong Kong-based parent Animoca Brands and Japanese banking giant MUFG Bank.