Japan: E-Commerce Giant Rakuten to Move Crypto Exchange to New Payments Subsidiary

More from: | CoinTelegraph | 0 Japanese e-commerce firm Rakuten has announced a revision to its corporate restructure, setting up a new payments subsidiary that includes its cryptocurrency business, Cointelegraph Japan reported Jan. 21. Rakuten, known informally as ‘Japan’s Amazon,’ originally revealed in August last year it would seek to... Read more

ConsenSys Exec: Layoffs Did Not Exceed 10 Percent, Mainly Affect Support Staff

More from: | CoinTelegraph | 0 Recent layoffs at blockchain software technology company ConsenSys did not exceed 10 percent of staff. The company’s Executive Director of Enterprise and Social Impact Vanessa Grellet spoke to Cointelegraph about the recent developments at the Crypto Finance Conference in Switzerland on Jan. 18. Grellet... Read more

Proposed License Requirements End Anonymous Crypto Selling and Buying in the Netherlands

More from: | CoinTelegraph | 0 Pete Hoekstra, the Netherlands’ Minister of Finance, has received official advice that a licensing system should be introduced for crypto services, Dutch media outlet Nederlandse Omroep Stichting (NOS) reports on Jan. 18. Hoekstra reportedly requested advice about cryptocurrencies from the Netherlands’ Authority for the... Read more

Leaders of South Korean Crypto Exchange Komid Jailed for Faking Volume: Local Media

More from: | CoinTelegraph | 0 Two leaders of the South Korean cryptocurrency exchange Komid were reportedly sentenced to serve jail time for faking exchange volumes, Korean crypto media outlet blockinpress reports on Jan. 18. The exchange’s CEO, surnamed Choi, received a three-year sentence, while another company leader with an... Read more