Crypto News from Japan: September 22-29

In this week’s selected cryptocurrency and blockchain-related news from Cointelegraph Japan, Bitflyer is adding the ether (ETH) / yen pair to its trading platform, the official website is adding a Japanese language version, while Monex CEO Oki Matsumoto says that Facebook opened Pandora’s box with their stablecoin project Libra.

Here is the final week of cryptocurrency and blockchain news in retrospect, as originally reported by Cointelegraph Japan.

BitFlyer is adding a pair of ether and Japanese yen to its trading platform

On September 25, Cointelegraph Japan reported that Tokyo-based cryptocurrency exchange BitFlyer was adding the ether / yen (ETH / JPY) pair to BitFlyer Lightning, a virtual forex trading tool for professionals.

On the same day, Cointelegraph reported that BitFlyer was adding five new altcoins to its platforms in Europe and the US. In Europe, the exchange will add Bitcoin Cash (BCH), Ethereum Classic (ETC), Litecoin (LTC), Lisk (LSK) and Monacoin (MONA), while US customers will have access to BCH, ETC and LTC.

The blockchain consortium intends to create a commercial use case in 2020

On September 25, the CBSG consortium, led by US blockchain technology company TBCASoft and Japanese holding company SoftBank, announced plans to create a commercial use case for payment systems using blockchains in early 2020.

Softbank executive officer Nozaki Daichi said that CBSG’s effort to create a commercial use case is a great opportunity to differentiate itself from its competitors. now supports the Japanese language

On September 27, the official website of the Ethereum network supported the Japanese language. now offers its content in five different languages: English, French, Korean, Simplified Chinese, and Japanese. According to Ethereum Japan’s Masaharu Uno, the support of the Japanese language was made possible through the joint efforts of volunteers.

Bitpoint Japan crypto exchange will resume services on September 30th

Cryptocurrency exchange Bitpoint Japan announced that it will resume its cryptocurrency delivery service on September 30th.

Bitpoint ceased all of its services including trading, deposits and withdrawals when it encountered irregular withdrawals from its hot wallet in July, resulting in a loss of $ 32 million in crypto assets.

Oki Matsumoto, CEO of Monex, shares his opinion on Libra

On September 27, Cointelegraph Japan reported that Oki Matsumoto, CEO of Japanese financial services giant Monex Group, said the Facebook Libra announcement “opened Pandora’s box”.

He went on to explain that the criticism of what Facebook can do with the scales in developed countries largely consists of two elements.

First, Matsumoto stated that suspicion about Facebook’s management of personal data is widespread, with some feared that it might violate users’ privacy.

The second critical element is that the scales could prevent the implementation of monetary policy in developing countries.

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