Japan’s GMO Gets Ready to Start Selling 7nm Bitcoin Mining Chips

Japanese internet giant GMO has updated its plans to manufacture and sell its 7nm bitcoin mining chips as well as for its own mining operations. Interested customers will soon be able to reserve some of these chips. Also read: Yahoo! Japan… Continue Reading

Japan’s Internet Giant GMO Wants to Borrow BCH, ETH, LTC, XRP From Customers

GMO Internet’s cryptocurrency exchange has added four more cryptocurrencies to its loan program which allows customers to lend their cryptocurrencies to the company. The program was originally launched last month for just bitcoin (BTC) but GMO has now added bitcoin cash… Continue Reading

Japan’s GMO Has Mined Over 900 Bitcoins – Hashrate Doubled Last Month

The mining operation of Japan’s internet giant GMO has resulted in over 900 bitcoins and 537 bitcoin cash so far, as the company roughly doubled its hashrate last month. Meanwhile, its crypto exchange reported a first-quarter loss after the country’s financial… Continue Reading

Another Crypto Exchange Ordered to Improve by Japanese Regulator

The Japanese financial regulator has targeted another cryptocurrency exchange for improvement after an on-site inspection revealed inadequate standards. The exchange must comply and submit a written report next month. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Another Exchange… Continue Reading

16 Regulated Crypto Exchanges Unveil Plans to Restore Public Trust in Japan

The new Japanese cryptocurrency association comprising of sixteen government-approved exchanges debuted on Monday. The group has unveiled its plans to spearhead self-regulation in order to rebuild the public’s trust in the crypto industry. Also read: Yahoo! Japan Confirms Entrance Into the… Continue Reading

16 Government-Approved Crypto Exchanges Have Formed Self-Regulatory Group in Japan

A new association has been registered in Japan consisting of 16 government-approved cryptocurrency exchanges. The group will focus on establishing self-regulatory rules and will have the authority to investigate and sanction members that do not comply with self-regulation. Also read: Yahoo!… Continue Reading

Japan’s GMO Wants to Borrow Bitcoins from Customers

Japanese internet giant GMO has launched a service to allow customers to lend their bitcoins to the company. Customers’ bitcoin balances will be debited from their GMO Coin trading accounts once loan agreements have been reached. This program is similar… Continue Reading

Nine Japanese Crypto Exchanges Have Suspended Operations So Far

A total of nine cryptocurrency exchanges in Japan have suspended their operations so far. This includes the latest two, one of which was sanctioned by the Japanese financial regulator on Wednesday while the other voluntarily withdrew its license application. Also… Continue Reading

Japan Revises Registration Rules for Cryptocurrency Exchanges

The Japanese financial regulator has revised its rules and procedures for registering cryptocurrency exchanges following the hack of Coincheck and the inspections that revealed many inadequate security measures of multiple exchanges. The regulator says its aim is to rebuild the… Continue Reading

Japanese Crypto Exchange GMO Vows to Improve After Regulator Orders Upgrades

The cryptocurrency exchange subsidiary of the Japanese internet giant GMO has detailed its plans to improve its operations. GMO Coin has submitted a business improvement report to the country’s financial regulator. GMO Internet has also set up an information security… Continue Reading