Major U.S. companies have been avoiding the crypto market for a long time. And now, according to Mike Novogratz, a prominent investor and former hedge fund manager at Fortress Investment Group, there is a major reason for this. Continue reading Why Major U.S. Financial Companies Avoid the Crypto Market
Tag Archives: Japan
Major Philippine Bank Taps IBM for Japan Blockchain Remittance
The Rizal Commercial Banking Corporation (RCBC), one of the Philippines’ top 10 banks by assets, has announced an upcoming remittance payments service from Japan using blockchain technology. Continue reading Major Philippine Bank Taps IBM for Japan Blockchain Remittance
MMA Title Challenger Mei Yamaguchi Sponsored by Bitcoin Cash Fan Roger Ver
MMA fighter Mei Yamaguchi from Japan is set to fight Angela Lee for the Atomweight World Championship title at One Championship’s ‘Unstoppable Dreams’ in Singapore and, bitcoin cash promoter Roger Ver will be sponsoring her in that match. In a video announcing the sponsorship deal, Ver sat down with Yamaguchi to discuss MMA and cryptocurrencies. He was excited to demonstrate how Bitcoin Cash worked and sent her $1,000 in bitcoin cash (0.0642 BCH) in real time. Yamaguchi, in turn, discussed her MMA career. Continue reading MMA Title Challenger Mei Yamaguchi Sponsored by Bitcoin Cash Fan Roger Ver
Japan’s BitFlyer Raids Banking Talent in Bid For Global Crypto Exchange
Yuzo Kano, chief executive of major Japanese exchange bitFlyer is trying to build a global cryptocurrency powerhouse, one former financier at a time. The Goldman Sachs Group alumnus who made bitFlyer Japan’s largest bitcoin exchange has doubled his staff in the past six months in a bid for global expansion. His team, which is expected to reach 300 this year, includes a fixed income chief at Barclays Plc and a former Credit Suisse Group AG senior private banker, according to Bloomberg. Continue reading Japan’s BitFlyer Raids Banking Talent in Bid For Global Crypto Exchange
Japan Bolsters Crypto Exchange Regulations to Prevent Another Coincheck
Japanese regulators have announced stricter regulations for cryptocurrency exchanges in an effort to prevent another heist like the one that befell Coincheck in January, according to Nikkei Asian Review. The country’s Financial Services Agency expects to begin using a new, stricter framework for registered cryptocurrency exchanges this summer, and will advise those that fail to meet its new rules to discontinue operations. Both new and existing operators will be required to meet the new standards. Continue reading Japan Bolsters Crypto Exchange Regulations to Prevent Another Coincheck