Major Japanese exchange Huobi is asking its users to vote before August 16 on which new cryptocurrencies they would like to see listed. According to an update on the Huobi website posted on July 16, the Japan-based exchange is considering adding Enjin (ENJ), IOS Token (IOST), Neo (NEO), Ontology (ONT), Qtum (QTUM), and Tezos (XTZ). Huobi account holders started voting on which tokens they want to see listed on the exchange on July 16. Users are granted one vote per account every Friday for a maximum of five votes. Voting will end at midnight on August 16. The Japanese crypto …
This week’s headlines from Japan included the country’s Financial Services Agency revealing feedback from the public on recent regulation, the Cabinet Office Ordinance announcing regulatory changes, Zaif exchange removing three crypto assets, Bitbank’s COO predicting crypto exchange mergers, and Nomura Research Institute issuing Japan’s first blockchain-based bond. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. Japanese FSA receives comments on new regulations The Japanese Financial Services Agency, or FSA, unveiled 172 comments from citizens and groups, pertaining to recent crypto asset laws taking effect on May 1. The fresh laws span several areas, …
Coincheck Inc., a Japan-based crypto exchange with over 1.5 million verified customers, is eyeing Nasdaq listing after a special purpose acquisition company (SPAC) merger with Thunder Bridge Capital Partners IV, Inc. The combined holding company would be called Coincheck Group, N.V and is expected to list on Nasdaq after finalization of the deal by the second quarter of 2022 with a ticker symbol “CNCK.” SPACs are publicly traded corporations that do not conduct business. They sell their stock to the public in order to obtain funding for the future acquisition of a private company. The value of the merger deal …
Mt. Gox trustee Nobuaki Kobayashi released updated information on Aug. 31 regarding the rehabilitation plan for creditors of the long defunct crypto exchange. According to the file, the restriction reference period starts on September 15, in which "the assignment, transfer or succession, provision as collateral, or disposition by other means of rehabilitation claims are prohibited." Kobayashi confirmed that creditors have until September 15 to submit claims regarding funds lost when the early crypto exchange collapsed in 2014: "During the Assignment, etc. Restriction Reference Period, the Rehabilitation Trustee will cease accepting applications for claim transfer procedures through the Rehabilitation Claim Filing …
Yuzo Kano, the co-founder of Japan-based cryptocurrency exchange bitFlyer, is seeking to reinstate himself as CEO in a shareholders meeting next month, in an apparent bid to reinvigorate what he claims is a stagnating firm. Kano resigned in 2019 following a series of management disputes but is now determined to reinvigorate the crypto firm and lead it toward an Initial Public Offering (IPO) in the coming months, according to a Feb. 26 report by Bloomberg. The former CEO also said he also wants to put Japan back on the map in the world of cryptocurrency. “I will make it capable …