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BUSINESS

Japan inspects digital currency exchanges

Kyodo News, Published on 09/02/2018

» TOKYO: Japan's financial regulator has begun on-site inspections of multiple digital currency exchanges to check their risk management systems, following a massive theft of digital money worth 58 billion yen ($533 million) from Coincheck Inc, a minister said Friday.

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BUSINESS

MUFG to launch virtual currency service

Kyodo News, Published on 03/01/2017

» TOKYO - Mitsubishi UFJ Financial Group Inc will issue a virtual currency in the fiscal year through March 2018 to provide a money transfer service at lower fees, becoming the first major Japanese banking group to launch such a business, sources close to the matter said Tuesday.