RATE Group | Cryptocurrency News From Japan: April 26
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Cryptocurrency News From Japan: April 26

03 May Cryptocurrency News From Japan: April 26

Posted at 03:08h in Cryptocurrency News by

This week’s headlines from Japan included Rakuten Wallet, GMO Coin and DMM crypto exchanges achieving regulatory registration, SBI Holdings’ VC Trade exchange announcing a 1,700% increase in fiscal year pre-tax profit, and SBI Holdings’ CEO calling out the supply chain amid the coronavirus pandemic. 

Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan.

Japanese exchange gains financial instruments license

Crypto exchange, Rakuten Wallet, now holds status as a Kanto Finance Bureau-registered operation, “as a first-class financial instruments business operator based on the Financial Instruments and Exchange Act,” the company announced on May 1.

At the start of May, regulatory specifications, known as the revised Financial Instruments and Exchange Act, came into play. The regulations require exchanges to gain approval for the offering of leveraged and derivative crypto trading.

GMO Coin also secures regulatory approval

Japanese…

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