Late last week, Japanese cryptocurrency exchanges started making (weak) moves to self-regulate. This week, Japan is cracking down on exchanges over what Reuters reports as a lack of "proper" internal control systems as a means to mitigate risk. There...
Japan sanctions cryptocurrency exchanges amid illegal activity
Late last week, Japanese cryptocurrency exchanges started making (weak) moves to self-regulate. This week, Japan is cracking down on exchanges over what Reuters reports as a lack of "proper" internal control systems as a means to mitigate risk. There...
Government-registered cryptocurrency exchanges in Japan are setting up a self-regulation body in the region. The move, Reuters reports, is an effort to legitimize and establish trust in the area following the $530 million Coincheck theft in January....
South Korea has no plans to ban cryptocurrency trading, according to government authorities. The announcement follows reports earlier this month that the country was considering shutting down trading because of tax evasion, which led to massive disru...
Last week, hackers stole around $534 million worth of cryptocurrency XEM from Tokyo-based exchange Coincheck, and now, Reuters reports, the hackers behind the heist are trying to sell the stolen cryptocurrency. Jeff McDonald, vice president of the NE...
Tokyo-based cryptocurrency exchange Coincheck just made history, and not in a good way. It has lost around $534 million worth of NEM tokens, one of the lesser-known cryptocurrencies, after its network was hacked on January 25th, 12:57pm EST. The atta...