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Japan
GMO's Cryptocurrency Business Made $2.3 Million Profit in Q2
After a net loss reported in Q1, the Japanese IT giant says it made an 11 percent profit through its crypto business this last quarter.

Japanese Crypto Exchanges File to Form Self-Regulatory Organization
Sixteen Japanese cryptocurrency exchanges have applied to form a certified self-regulatory organization for the industry.

Mt Gox Creditors Are Preparing to Claim for Bitcoin Repayments
A group of creditors of the now defunct bitcoin exchange Mt. Gox have started preparing a rehabilitation plan to claim for bitcoin repayments.

Data Shows US Dollar, Not Japanese Yen, Is Dominating Bitcoin Trade
Inconsistency in the way data providers count trades across exchanges has overstated the yen's importance as a trading pair, CoinDesk research finds.

Japanese Crypto Exchanges Push for Limit on Margin Trading Borrowing
A self-regulatory organization formed by crypto exchanges in Japan is proposing a limit on how much investors can borrow when margin trading

A Japanese Telecom Giant Wants to Use Blockchain to Store Contracts
Nippon Telegraph and Telephone is looking to invent a new contract agreements system based on blockchain technology.

World's First Bank-Backed Crypto Exchange Finally Opens to the Public
VCTRADE, the new crypto exchange built by financial giant SBI Holdings, is finally open to all Japanese residents after months of delays.

Messaging Giant Line to Launch Crypto Exchange in July
Line, the company behind a popular chat app in Japan, announced Thursday that it will open a cryptocurrency exchange in July.

Huobi Pro Exchange to Suspend Crypto Trading in Japan
Huobi Pro is to stop offering trading services to investors living in Japan, reportedly over its lack of a license in the country.

Japan's Finance Minister Balks at Changing Crypto Tax Rules
Japan's top financial official is cautious about the idea of his nation changing how it taxes gains from cryptocurrencies.
