Blockchain company BUIDL launches an anti-money laundering tool for cryptocurrency exchanges
On July 22, BUIDL, a Japanese company engaged primarily in blockchain consulting, demonstration experiments, and tool development, launched SHIEDL, an anti-money laundering (AML) and counter financing of terrorism (CFT) tool for cryptocurrency exchanges. SHIEDL is an address risk analysis…
Cryptocurrencies stolen from Bitpoint Japan valued at JPY 3.02 billion
On July 14, Bitpoint Japan, a cryptocurrency exchange operated by Remixpoint, a TSE 2nd section listed company engaged in the financial and energy businesses in Japan, reported cryptocurrencies valued at about JPY 3.02 billion (about USD 28 million) had been…
Marubeni to develop a renewable energy procurement and trading platform using blockchain
On July 5, Marubeni < securities code : Â 8002> announced that it had signed a convertible loan agreement on July 1, 2019 with the start-up company WePower UAB, which is developing a renewable energy procurement and trading platform. According…
Keychain and Chubu Electric Power conduct verification testing on peer-to-peer trading that uses blockchain technology
On July 1, Keychain, a limited liability company which develops and provides Keychain Data Provenance Infrastructure (DPI) blockchain-based data security technology, announced that it had conducted verification testing on personal authentication that uses blockchain technology, issuance of digital assets, and…
FSA clarifies Guidelines for Administrative Processes of virtual currency exchanges
On June 21, the Financial Services Agency of Japan (the “FSAâ€) issued a draft partial amendment to the Guidelines for Administrative Processes of virtual currency exchanges. The FSA is planning to clarify the contents of the Guidelines for Administrative…
Japan’s leading foreign exchange brokerage makes a subsidiary of a cryptocurrency exchange
On June 14, Money Partners Group (securities code : 8732), one of Japan’s leading foreign exchange brokerages, announced that an agreement had been reached to acquire all the shares of a special-purpose company that owns all the shares of COINAGE,…
Bank of Japan Governor shows a willingness to promote financial and technological innovation at G20
On June 8, the Bank of Japan released the closing remarks of Mr. Haruhiko Kuroda, Governor of the Bank of Japan, at the G20 High-level Seminar on Financial Innovation entitled “Our Future in the Digital Age.†According to information…
SMARTVALUE launches GaaS, a blockchain-based resident ID platform
On May 31, SMARTVALUE (securities code: 9417), a Japanese company primarily engaged in the mobile business, which operates DOCOMO shops (Japan’s leading wireless telecommunications service provider including mobile phones), announced the launch of GaaS—a resident ID platform (Government as a…
Bitcoin: Know More Than Just the Word
You must have had heard the name “Bitcoin” probably online or from your colleagues. It is one of the most hyped concepts in the world of finance and is still a mystery to many. Well, if you have no idea…
Cryptocurrency Investment: Should I Do Or Not?
In this digital age, we come across new technology being launched in the market every day. Some stays in the must-use list of most people while others just fade away. Nowadays, cryptocurrency is on the trend and are being used…