Mitsubishi UFJ Financial Group (MUFG), the 5th largest bank in the world in terms of assets ($2.589 Trillion) is to beta launch its own cryptocurrency called the MUFG Coin in 2019. The test will involve issuing coins to 100,000 users […]
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Japan
5 exchanges in Japan have shut down after increased scrutiny by the Financial Securities Agency (FSA). According to Nikkei, 2 exchanges, Mr. Exchange and Tokyo Gateway are withdrawing license applications made after increased enforcement by the financial regulators post the […]
Yahoo Japan joint venture between Yahoo! (now Altaba) and the Japanese company SoftBank is planning to launch its own cryptocurrency exchange, according to reports from Nikkie Asian Review. According to the report Yahoo Japan will own 40% in the BitARG Exchange […]
Some of Japan’s cryptocurrency exchange operators are about to be slapped with punitive measures by the Financial Services Agency, Nikkei learned on Wednesday. An unspecified number of them are expected to receive business suspension orders. The agency has been inspecting […]
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