JAPAN

Nomura and Crypto Garage will join Komainu in its efforts to provide custody services to institutional clients in Japan.

The new services targeting wealthy clients will be offered from October 18.

The platform reported a 26.5 percent rise in yearly demand in forex markets.

The addition has been made following requests from its clients.

The platform will allow all digital IP holders to easily sell rights as NFTs.

The decline in trading activities is expected in the summer months.

The agency is aiming to bring the new set of crypto rules by mid-2022.

The exchange will initially offer trading services with five cryptocurrencies.

FX trading volume climbed by 10 percent month-over-month and 95 percent year-over-year.

Retail and investment management divisions have maintained solid growth.

The country is working on both regulatory and diplomatic levels.

The partners are trying to tap into the growing remittance demand in Japan.

Trading volume with OTC FX instruments came down by 12 percent on a month-over-month basis.

The exchange is allegedly illegally operating in the country without any registration.

The FSA granted an operating permit on the same day to the Japanese company Tokyo Hash.

The crypto exchange, Bybit was also the recipient of the warning issued by the Japanese financial watchdog.

The internet giant has partnered with Samurai Partners for the NFT initiative.

The total number of FX Daily Futures contracts reached 1.9 million in May 2021.

The financial watchdog says Bybit's marketing campaign keeps targeting Japanese investors despite it has not registered.

Coincheck is planning to conduct an initial exchange offering this summer.

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