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Interesting Crypto-News From Japan?

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In this week’s selected cryptocurrency- and blockchain-related news, from Cointelegraph Japan, Bitflyer combines the Ether ETHyen pair to its trading platform. And the official website, adds a Japanese language version, while Monex, CEO Oki Matsumoto says that opened Pandora’s box with its stablecoin project, Libra.

Here is the past week of cryptocurrency and blockchain news in review, as originally reported by Cointelegraph Japan:

BitFlyer adds EtherJapanese yen pair to its trading platform:

On Sept, Cointelegraph Japan reported that the Tokyo-based cryptocurrency exchange, BitFlyer was adding the Etheryen pair ETHJPY to “BitFlyer Lightning”, a virtual currency trading tool for professionals.

That same day, Cointelegraph reported that BitFlyer was adding five new altcoins to its platforms in Europe and the United States. 

In Europe, the exchange will add Bitcoin Cash (BCH), Classic (ETC), Litecoin (LTC), Lisk (LSK), and Monacoin MONA, while the U.S. customers will have access to BCH, ETH, and LTC.

Blockchain consortium aims to build commercial use case in Sept:

The G Consortium, which is led by U.S.-based blockchain technology company TBCASoft, and Japanese holding company SoftBank, stated it plans to establish a commercial use case for payment systems, using blockchains.

Softbank’s executive officer Nozaki Daichi said that G's attempts to produce a commercial use case, allow an exceptional opportunity to differentiate itself from its competitors.

The official website of the network added assistance for the Japanese language. And is now extending its content in five different languages: 

English, French, Korean, simplified Chinese, and Japanese. Support for the Japanese language was made possible, because of the joined effort of volunteers, according to Masaharu Uno, of Japan.

Crypto exchange Bitpoint Japan will resume its services In Sept:

The cryptocurrency exchange Bitpoint Japan published that it will resume its cryptocurrency delivery service in September sometime.

Bitpoint stopped all of its services including, trading, deposits, and withdrawals, when it noticed irregular withdrawals from its hot wallet in July, which resulted in a loss of $ millions in crypto assets.


Monex CEO Oki Matsumoto shares his viewpoint on Libra:

On Sept., Cointelegraph Japan reported that Oki Matsumoto, the CEO of Japan's financial services giant, Monex Group, said that the Libra announcement, “opened Pandora s box.” 

He additionally emphasized that the criticism with Libra, in developed countries is largely composed of two elements.

Firstly, Matsumoto asserted that there is widespread distrust of the management of personal information, as some are concerned that the privacy of users, will be infringed.

The second critical element is that Libra could hinder the implementation of monetary policy in developing nations.