ChainDD Exclusive | Japan's Once-in-a-Millennium “Golden Week” is Approaching and All Large Digital Currency Exchanges are Playing the Waiting Game


May 07, 2019

摘要: Ten consecutive days of holiday provide a good opportunity for all parties in the digital currency trading industry to engage in expansion. However, the Japanese Financial Services Agency (FSA) is not satisfied.





Huobi和Simplex联手开发了Huobi OTC信用卡交易系统。



日本电子商务巨头Rakuten Exchange本月15日宣布其自营数字货币兑换“Rakuten Wallet”已开始用户注册。可以直接从Rakuten Group的Rakuten Bank开户平台登录平台。乐天计划从今年夏天开始正常交易,这为日本市场注入了极大的信心。

Rakuten是日本最大的本地电子商务平台,引起了人们的广泛关注。Rakuten开始接触“Everyone's Bitcoin”,这是一个与去年同等地位的交易所。去年3月,该平台获得了FSA的交易许可。3月底,该交易所更名为“Rakuten Wallet”。

Rakuten Group has revealed that new clients of the platform will be able to choose online registration. However, clients with Rakuten bank cards only need to go through a simple verification process. Rakuten has large market shares not only in e-commerce business but also in small commodity markets such as the supermarket and electronic appliance markets. As a link in the digital currency payment system, Rakuten seems poised to explore scenarios for the use of digital currencies.

SBI Exchange is ceasing BCG trading but is still active overseas.

Recently, SBI Exchange announced that it is expected to cease BCH trading in June this year since BSV has been delisted by many exchanges. However, SBI Group is still highly active overseas and invested three million USD in the Vietnamese blockchain startup Utop through its blockchain subsidiary FTP last week. In January this year, it also invested 15 million USD in the Swiss digital currency wallet startup Breadwinner AG.

BitFlyer President went to Malta.

ChainDD's research staff stationed in Japan discovered that last week, president Yoshio Hirako of bitFlyer, currently ranked top in Japan in terms of trading volume, was seen in Malta and suspected to be in contact with the Maltese government for possible global market exploration.

Zaif is closing its curtain and after the merger, the users of the two exchanges will merge.

Zaif Exchange will soon cease operation totally and logon will be impossible for all the users, who will be transferred to Fesco Exchange. On April 23, the platform was forced to stop the trading of MONA coins, which will be restored on the new platform.

Last September, during the height of the tightening of the control by the FSA, Zaif lost MONA coins worth 6.7 billion JPY. Afterwards, it accepted the takeover offer by the parent company of Fesco, who offered help for the rescue.

Three. Mitsubishi UFJ Financial Group lost 100 billion JPY in March.

ATMs in Japan do not operate 24 hours and the hassle of paying by cash makes online payment penetration among clients easy. However, this has also caused scrimmages. Since the Japanese government's Society 5.0 initiative, large financial groups have started developing business in the blockchain industry vigorously in order to respond to the policy call.

A cashless society has always been the focus of large financial groups' battle. Since the beginning of the FSA's empirical experiment on blockchain, the three financial groups in Japan have invested large amount of human resources and money in the development of payment systems using smart phones, including credit cards and royalty cards. Among them,  Mitsubishi UFJ Financial Group handed the development business to Nico. Since the beginning of 2016, it has invested more than 150 billion JPY.






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