GMO Internet Announces Decrease in Sales and Increase in Profit for Its Cryptocurrency Business in FY2019
GMO Internet, Inc., <9449> a major Japanese internet-related services company announced its business results for FY2019 (January–December 2019) on February 12. Cumulative sales grew to \196.17 billion, an increase of 5.9% year on year, and operating income was \25.27 billion,…
Japan’s Liberal Democratic Party Encourages Government to Make Preparations in Issuing Digital Currency
According to a report from the Nikkei newspaper on February 7, an alliance of strategic policymakers for formulating rules (led by chairman Akira Amari) for Japan’s ruling Liberal Democratic Party decided on a proposal to urge the government toward preparing…
Cryptocurrency Has Steady Footing, But I Recommend Not Chasing Altcoin Halivening Too Seriously
The following is a comment posted by FISCO guest analyst Tetsuyuki Oishi (also CEO of Bitcoin Lab (Twitter: @bigstonebtc). At FISCO, we connect with individuals who actively convey cryptocurrency information, and we are working toward dispensing more diverse information to…
Why is crypto more popular with young people?
The internet-based medium of exchange, cryptocurrency, uses cryptographic functions to perform financial transactions. In recent years, it has become one of the most popular currencies around the world, especially for young people. Many kinds of research have been done, most…
Liberal-Democratic Party of Japan Proposes a Move Toward State-Issued Digital Currency
According to the Nikkei Shimbun, the ruling Liberal-Democratic Party of Japan (LDP) has adopted a policy of gathering recommendations in the spring toward state-issued digital currency from the perspective of protecting personal information and combating money laundering. The Bank…
Yahoo! Japan Subsidiary Z Corporation, Crypto Asset Exchange TaoTao, and Binance Move Toward Strategic Partnership
Z Corporation Inc., a wholly owned subsidiary of Japan’s Z Holdings Corporation (formerly known as Yahoo Japan Corporation), and TaoTao Inc., a crypto asset exchange subsidiary of the same company, announced on January 17 that they agreed to open negotiations…
How to Accept Cryptocurrency Payments Using B2BinPay
One of the bigger criticisms made about the many different cryptocurrencies out there is that they just aren’t really currencies. I mean, do people really use them to buy anything? For the moment, the answer to that is kind of…
Japan Virtual Currency Exchange Association Publishes Company Member Statistics for November 2019
The Japan Virtual Currency Exchange Association (JVCEA), a self-regulating organization for the digital assets (cryptocurrency) industry in Japan, released statistical information about its company members for November 2019 on January 10, including data such as spot transaction turnover and the…
SEC thinks IEOs are breaking securities laws too
The Securities and Exchange Commission of the United States of America announced the Initial Exchange Offerings on cryptocurrencies are not necessarily completely legal. Sure they have not put their finger on the specific issues with the regulation or called the…
Japanese Educational Institution Operators Charged with Misappropriating Managed Funds to Buy Cryptocurrency
The Japanese educational institution Meijo Gakuin Educational Corporation will file a criminal complaint for embezzlement against the company’s former chairwoman and other associated individuals on suspicions that operating funds for the private university Osaka University of Tourism, which is also…