Japan Bootstraps Regulated SWIFT-Like Global Crypto Payments Network

Japan Bootstraps Regulated SWIFT-Like Global Crypto Payments Network

Original Author: Paul de Havilland – Go to Original Source

Japan is set to further its pioneering spirit when it comes to cryptocurrency. The Japanese government is currently developing an international cryptocurrency payments network similar to the SWIFT network currently used by banks, Reuters reports. Japan Leads Crypto Into the Mainstream The Japanese plan is ostensibly designed to counter money laundering fears digital currencies have […]

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Crypto Not Cash: Hacked BitPoint’s Masterplan to Refund 50,000 Victims

Crypto Not Cash: Hacked BitPoint’s Masterplan to Refund 50,000 Victims

Original Author: David Hundeyin – Go to Original Source

50,000 victims of the Japanese crypto exchange Bitpoint’s recent hack will have their stolen wallet holdings reimbursed in crypto. This was revealed in a press conference in Tokyo, where reporters were informed that the company had decided to pay back victims in crypto using a 1:1 ratio, as against fiat payouts. Bitpoint’s Unusual Alternative to […]

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