Japanese Watchdog to Warn Binance

Let's check the impact of these news to the Bitcoin price
22 March 2018   260

The Financial Services Agency of Japan (FSA) warned the Binance exchange for the need to obtain a license to continue working in the country. This is reported by Nikkei.

According to the regulator, the work of Binance in Japan without a license from the Financial Services Agency violates the local law on payment services and thereby jeopardizes the interests of investors. In addition, if the crypto-exchange does not suspend activities in Japan, a criminal case will be brought against it.

Binance is one of the world's largest cryptocurrency exchanges, while Japan also holds a leading position in the development of the bitcoin industry. Thus, it is not surprising that immediately after the spread of this news, the price of the first cryptocurrency went down.

Bitcoin Price Chart
Bitcoin Price Chart

As you can see on the chart above, BTC price fell down from $9030 to $8726 in 1.5h. At the moment of press, these are main bitcoin market parameters:

  • Average price: $8 775,51
  • Market cap: $148 597 132 463
  • 24h volume: $5 822 390 000

Australia joins the crypto-discussions arena with Bitcoin & Blockchain Fair

The inaugural Bitcoin and Blockchain Fair will be presented at the Sydney Showgrounds on May 12-13 with an all-round program about cryptocurrency and blockchain
21 April 2018   23

A high profile event in cryptocurrency and blockchain is coming to Sydney, Australia on May 12-13 – Bitcoin and Blockchain Fair. The conference will provide a platform to interact and discuss on all areas of the cryptocurrency and blockchain technology sectors (fintech, investment, venture capital, regulation, ICO, etc.), current opportunities and perspectives in the form of a Forum and an Exhibition Showcases.

The Exhibition Showcase that will allow to exhibit showcases and engage with crypto services providers, government and fintech startups. Forum is the bulk of the conference and is comprised of 2-day sessions to allow international speakers and industry leaders of the crypto and blockchain sectors a chance to share their expertise. May 12 is focusing on cryptocurrency and ICO engagement; May 13 wil cover blockchain technology overview, case studies, solutions and future trends.

The fair is organized by ABF Business and Principal Sponsor Coinspot. Exhibitors and Speakers include attendees from Asia, Europe and USA together with key Australian high profile crypto & blockchain enterprises. The full agenda of the event can be found here.