At present, the scale of encrypted currency transactions in Japan is about 3 million. Moreover, due to the inconformity of the KYC procedures, the Japanese finance department has just suspended the operation of two Eternal Link and FSHO encryption currency exchanges.
And last week, the Japanese Financial Services Company Monex group announced the purchase of the encrypted currency exchange, CoinCheck, at a price of $34 million. Based on the number of customer accounts, Monex is the third largest online brokerage house in Japan.
In the past 24 hours, the value of several popular encrypted currencies including bitcoin, Wright and Ethernet has been rising, and the acquisition of YAHOO Japan is also a factor.