gmo

GMO Internet’s Crypto Business Reports $12 Million Loss in 2018

Japanese IT giant GMO Internet has just reported an operating loss of 1.36 billion yen, or about $11.75 million, for…

Mongolia’s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit

A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to…

GMO Quits Selling Mining Machines After Crypto Market Downturn

Japanese IT giant GMO Internet has said it will quit making and selling crypto miners following a year of bear…

Japan’s GMO Quits Manufacturing and Selling Mining Machines

Japanese internet giant GMO has announced that it will no longer develop, manufacture, and sell cryptocurrency mining machines. The company…

Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current Law

Japan’s top financial regulator, the Financial Services Agency, has exclusively explained to news.Bitcoin.com how stablecoins are treated under current Japanese…

Japanese Internet Giant GMO to Launch Yen-Pegged Cryptocurrency

Japan’s GMO Internet Group has announced plans to issue a yen-pegged stablecoin called GMO Japanese Yen. Already in the crypto…

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