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Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019

Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019

bitFlyer, a Tokyo based cryptocurrency exchange reported a loss of $6.9 million after suffering a loss in customers amidst regulatory issues with the financial services agency of Japan. The company is doing all it can to stand strong and successfully survive this downtime.

Japan Blockchain Association Proposes Cryptocurrency Tax Reforms to Government

Japan Blockchain Association Proposes Cryptocurrency Tax Reforms to Government

The Japan Blockchain Association (JBA), led by Representative Director Yuji Kano of bitFlyer, submitted a proposal for cryptocurrency tax reforms to the government on July 28, 2023.

Crypto Exchange bitFlyer Implements Travel Rule for Crypto Asset Transfers

Crypto Exchange bitFlyer Implements Travel Rule for Crypto Asset Transfers

BitFlyer, a leading Japanese crypto asset exchange operator, announced the implementation of new regulations known as the travel rule, aimed at preventing criminal activities and enhancing security in the crypto industry.

ACA Group Has Decided to Abandon its Acquisition of BitFlyer Holdings

ACA Group Has Decided to Abandon its Acquisition of BitFlyer Holdings

ACA Group, a leading financial advisor for institutions across the world has officially announced to the public that it is no longer interested in purchasing holdings of a Japanese-based cryptocurrency exchange, BitFlyer

bitFlyer Co-Founder Seeks to Reinstate as CEO

bitFlyer Co-Founder Seeks to Reinstate as CEO

Yuzo Kano, co-founder of cryptocurrency exchange bitFlyer, plans to reintroduce himself as CEO at a shareholders meeting next month. Kano wants to revitalize the company by introducing stablecoins, token-issuance operations, and an IPO, while also opening up the company's blockchain. He claims bitFlyer has become stagnant since his resignation in 2019, and aims to put Japan back on the map in the world of cryptocurrency.

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