Japanese Watchdog to Check 32 Exchanges

Financial Service Agency of Japan will test exchanges at 43 different point
05 February 2018   257

Japanese Financial Service Agency announced the check of 32 local cryptocurrency exchange. This is reported by Bitcoin com.

The inspection will affect 16 cryptoexchanges, which have already applied for licenses in the FSA. Also, the agency will check the activities of the other, already licensed trading platforms.

The agency will test the activities of cryptoexchange at 43 different points, which include aspects related to risk management, cybersecurity and ensuring the safety of users' funds.

In September last year, the Agency granted applications for a license for 11 local crypto-exchanges. Among them:

  • Money Partners,
  • Quoine,
  • Bitflyer,
  • Bit Bank,
  • SBI Virtual Currencies,
  • GMO Coin,
  • Bittrade,
  • Btcbox,
  • Bitpoint,
  • Fisco Virtual Currency
  • Zaif.

After that, in December, these Japanese trading platforms were licensed 

  • Tokyo Bitcoin Exchange,
  • Bit Arg Exchange Tokyo,
  • FTT Corporation,
  • Xtheta Corporation, 
  • Bitocean Corporation

The following exchanges are currently awaiting licensing:

  • Minnano Bitcoin,
  • Payward Japan,
  • Lemuria Bitcoin Exchange (Bitcrements),
  • Campfire Corporation,
  • Tokyo Gateway,
  • Lastroots Corporation,
  • Debit,
  • Eternal Link,
  • FSHO Corporation,
  • Kirin Corporation,
  • Bit Station,
  • Blue Dream Japan,
  • Mr . Exchange,
  • Bmex Corporation 
  • Bitexpress Corporation.

Shortly after the hacking of the large crypto-exchange Coincheck, the Japanese regulator checked the financial condition and reliability of the security systems of the trading platform. FSA obliged the management of the Exchange to strengthen the reliability of security systems and by February 13 to provide the department with a report on the work done. 

Consensus 2018 summit to be held in New York City

4th annual blockchain technology summit - Consensus 2018, will take place in New York City on May 14-16
22 April 2018   41

CoinDesk has announced its 4th annual blockchain technology summit Consensus 2018 on May 14-16 at the New York Hilton Midtown. Along with the discussions on the blockchain technology, the event is going to feature a hackathon, PoW pitch competition and a scholarship award in a partnership with Zcash. Title sponsors of the event include bloq, Deloitte, Ledger, Octagon Strategy and SONM.

Consensus 2018 will feature 250+ speakers and 4,000+ attendees from the leading industry startups, investors, financial institutions, enterprise tech leaders, and academic and policy groups who are building the foundations of the blockchain and digital currency economy. Among the notable speakers there will be Blockstack co-founder Dr. Muneeb Ali, J.P.Morgan blockchain program lead Amber Baldet, eToro CEO and founder Yoni Assia, Hyperledger executive director Brian Behlendorf, ConsenSys founder Steve Cerveny, Athena Capital founder Meltem Demirors and many others.

The full 3-day agenda of the event can be found here.