Crypto News From Japan: Sept. 2–8

Japan, one of the leading markets for cryptocurrencies, has seen a series of important developments for the cryptocurrency and blockchain industries this week. The country’s financial regulator, the Financial Services Agency (FSA), has licensed crypto-related businesses. Japanese Deputy Prime Minister and Finance Minister Taro Aso noted that regulators need to find new approaches to address …

Swiss National Bank President Says Stablecoins Could Hamper Policy

Swiss National Bank (SNB) President Thomas Jordan said that stablecoins pegged to foreign currencies could hamper Switzerland’s monetary policy in some circumstances. Cryptocurrencies’ limited use as payment instruments On Sept. 5, Jordan spoke at the University of Basel, saying that he is convinced that cryptocurrencies are of limited use as payment instruments, stores of value …

TZERO CEO Issues Letter to Investors, Addresses Patrick Byrne’s Resignation

The CEO of Overstock’s blockchain subsidiary tZERO, Saum Noursalehi, has issued an update on tZERO’s progress and addressed the departure of Overstock’s CEO Patrick Byrne. In a letter to investors published on Sept. 6, Noursalehi addressed Byrne’s resignation as the CEO of American e-commerce giant Overstock.com. Noursalehi assured that Byrne’s departure will not have an …

Bitcoin’s Risk Keeps Most Women Away From Cryptocurrency

Bitcoin (BTC) is less popular among women because they are less interested in risky investments, according to one of the cryptocurrency’s best-known female proponents. Ryyti: Women “more risk-conscious” In a Twitter discussion on Sept. 5, Miss Universe Finland 2015 winner, Rosa-Maria Ryyti, argued Bitcoin’s risk factor made it more appealing to men. She was responding …

OKCoin’s Fiat-to-Token Trading Now Available in 7 More US States

San Francisco-based cryptocurrency exchange OKCoin will now offer fiat-to-token and token-to-token trading services to residents of seven more US states. OKCoin expands services in the United States of America On Sept. 5, OKCoin, one of the top cryptocurrency exchanges by adjusted volume, announced that its trading services are now available in 7 new US states: …

Why $180 ETH Is Now Critical for the Bulls

Trading Ether (ETH) is rarely easy, particularly when bad news surrounding one of the most popular cryptocurrencies isn’t offering any reprieve for enthusiasts.  But it’s often a good idea to remind ourselves what the chart says before reacting emotionally to the news. Moreover, successful traders would argue that the best time to buy is when …