SBI Remit, a Japanese money transfer company and subsidiary of internet giant SBI Group, is partnering with payment platform BitPesa to leverage Bitcoin and blockchain technology, removing friction, improving efficiency and supporting digital interoperability for cross-border payments. The move is expected to help businesses scale faster between Japan and Africa. Japanese companies will be able to buy…


Some countries in Asia are feeling the pain of inadequate cryptocurrency regulation, while others, like India, China and South Korea, have taken an uncertain or hostile stance to cryptocurrency. In contrast, Japan is building a clear framework for how virtual currency exchanges, and soon initial coin offerings (ICOs), should operate there. In doing so, Japan…

Money Group sees 10-year high share prices today after the brokerage announced that it would be paying ¥3.6bn ($33.5m) for Coincheck, a Japanese cryptocurrency exchange that deals primarily in Bitcoin. Confirmation of the Monex acquisition of Coincheck, which has been discussed and hinted at through the week, saw Monex shares surging 20%, a sign that investors support…


Japan’s FSA gives official endorsement to 11 cryptocurrency exchanges Following on from the recent news of both China and South Korea’s crackdown on crypto currencies, Japan has taken the lead and announced it has approves 11 companies to operate as cryptocurrency exchanges within the country. The Japanese government has recoginised Bitcoin as legal tender in…