Japan

SBI Holdings Latest Crypto Venture Will See It Make Mining Chips

Japan’s SBI Holdings has teamed with an unnamed “large” semiconductor firm in the U.S. to make crypto mining chips and systems.

The long-defunct bitcoin exchange Mt. Gox is finally moving toward settling creditors’ accounts in cryptocurrency or cash.

Japan is lowering the limits for cryptocurrency margin trading from next year, and will also mandate registration of platforms offering the service.

An 18-year-old Japanese youth has been sent to prosecutors in the country’s first ever trial involving cryptocurrency cyber-theft.

Former Mt. Gox CEO Mark Karpeles was found innocent of embezzlement in a Tokyo court, but received a suspended sentence for manipulating data.

Japan financial group Nomura has invested in Y Combinator-backed smart contract auditing startup Quantstamp.

Reports of suspicious cryptocurrency transactions in Japan soared last year, but were a tiny fraction of the overall total.

The two Japanese tech giants have partnered for a trial using blockchain to provide educational records that cannot be faked.

Japanese telco SoftBank is exploring blockchain tech as a way to improve upon current centralized and fragmented ID and authentication services.

Japanese banking giant Mitsubishi UFJ Financial Group is launching a high-throughput blockchain-based payments network next year.