NewsColony

NewsColony Cryptocurrency News From Japan: April 26 – May 2 in Review This week’s headlines from Japan included Rakuten Wallet, GMO Coin and DMM crypto exchanges achieving regulatory registration, SBI Holdings’ VC Trade exchange announcing a 1,700% increase in fiscal year pre-tax profit, and SBI Holdings’ CEO calling out the supply chain amid the coronavirus pandemic.  Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan . Japanese exchange gains financial instruments license Crypto exchange, Rakuten Wallet, now holds status as a Kanto Finance Bureau-registered operation, “as a first-class financial instruments business operator based on the Financial Instruments and Exchange Act,” the company announced on May 1. At the start of May, regulatory specifications, known as the revised Financial Instruments and Exchange Act, came into play. The regulations require exchanges to gain approval for the offering of levera...