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Earlier in the year, the company announced the launch of its own cryptocurrency; Rakuten Coin.
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Japan Bitcoin trading volume increases to a total of 40% of the global Bitcoin trading
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- Crypto Market Suffers From Uncertainty in Asia, Losses Up to 40%.
- The news comes as Japanese regulators ramp up oversight over the country's crypto exchanges.It offers improved risk management and makes frequent developments in the digital currency space.
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Japan's corporate world seems to be taking a liking to the digital platform. Japan Tops Bitcoin Trade Volumes Again As Poland Takes Surprise.
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BitFlyer, which is now Japan's main bitcoin exchange, claims more than
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- This is the latest decision in Japan to show support for digital currency.
- BitFlyer, the country's biggest cryptocurrency exchange, has suspended the registration of new accounts to overhaul its verification system.
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- With BTC being a legal currency in the country, this could be where the extra volume in the crypto markets is coming from.
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- Currently, there are 16 government-approved crypto exchanges operating in Japan.It’s volatile.
- Japan Library of Congress Japan cryptocurrency exchange to refund stolen $400m Japan embracing cryptocurrencies despite big theft cases Phys.org Blockchain Top 5 Cryptocurrencies in Japan Oct 25th, 2017 While the World Cracks Down, Japan Emerges as a Crypto Haven Bitcoin and Altcoin Prices — Cryptocurrency Market — TradingView News.
- Bitcoin Bazaar (only available in Japanese) Our online shop that lets you buy things in Bitcoin.Cryptocurrencies including bitcoin, monacoin, and bitcoin cash were stolen from the exchange’s online wallet, where hackers were able to gain access to through the internet.
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- The announcement is further evidence of the regulator’s work on ensuring enhanced transparency within the digital coin industry.
Japan Gives Crypto Exchanges Power to Self-Regulate
- The FSA also disclosed that, by comparison, the Japanese cryptocurrency margins and futures market had around 142,842 traders by the end of March 2018.
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