Japan is a friendly jurisdiction for cryptocurrency trading and development, having eliminated the consumption tax on Bitcoin trading in 2017, after which it recognized the coin as legal tender.
This week in Japan, a crypto exchange that was hacked earlier this year has closed its doors, while the central bank has come out as bullish on blockchain technology.
In contrast with Japan, China has a very strict policy toward cryptocurrencies, having banned financial institutions from facilitating crypto transactions.
Almost one year after hack, Zaif crypto exchange closes.
The operator of Japanese cryptocurrency exchange Zaif, Tech Bureau Inc., closed the exchange down on Aug. 22.
A large-scale failure of the Amazon Web Service led to connection problems for several cryptocurrency exchanges, including Japanese exchange GMO Coin.
Users of major cryptocurrency exchange Binance also experienced some difficulties.
The app launch comes on the heels of the introduction of Rakuten Wallet's new cryptocurrency exchange.
The platform allows for spot trading in three cryptocurrencies: Bitcoin, Ether and Bitcoin Cash.Cryptocurrency exchange offers leveraged trading.
Japanese cryptocurrency exchange Dekalet has begun offering leveraged trading for five different cryptocurrencies: Bitcoin, Ether, Ripple , Bitcoin Cash and Litecoin.
Crypto News From Japan: Week in Review
gepubliceerd op Aug 26, 2019
by Cointele | gepubliceerd op Coinage
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