The crypto bear market can be depressing. It feels that all the excitement and hope is gone. In our view, however, the converse is true. In this article we will first examine the current bear market and argue why it creates an ideal environment for progress and innovation. ...
Part 1: India, China, Japan, and South Korea Cryptocurrency innovation can wither or flourish within a country depending on the regulatory stance taken by national governments. Heavy restrictions around ICOs may see entrepreneurs moving abroad to raise money. Strong regulations around cryptocurrency trading can create sufficient financial and operational...
In the world of cryptocurrency, Japan is most famous for being the first country to officially recognize Bitcoin as a legal form of tender. Since then, a slew of regulatory actions, in particular against cryptocurrency exchanges, has caused some to accuse the Japanese government of stifling innovation in the sector. Any...
On Friday, Japan’s Financial Services Agency (FSA) issued business improvement orders to six licensed cryptocurrency exchanges. The orders followed on-site inspections and are the latest in a long line of regulatory actions the FSA has taken with regard to exchanges. The orders have impacted big players, like BitFlyer, which...