Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current Law

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Japan’s top financial regulator, the Financial Services Agency, has exclusively explained to news.Bitcoin.com how stablecoins are treated under current Japanese law. In addition to emphasizing that they are not virtual currencies, the regulator clarified the registration requirements for their issuers and dealers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Not Virtual Currencies Japan’s…

Japan’s Internet Giant GMO Launches New Upgraded 7nm Bitcoin Miner

Japan’s Internet Giant GMO Launches New Upgraded 7nm Bitcoin Miner

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Japanese internet giant GMO has launched a new, upgraded model of its bitcoin miner equipped with 7nm ASIC mining chips. The previous model was sold out. The new model can achieve a higher hash rate and has a “hash power optimization function.” It is for sale at the same price as the previous model. Also…

GMO to Release World’s First 7nm Bitcoin Mining Card

GMO to Release World’s First 7nm Bitcoin Mining Card

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Japan’s GMO Internet Group officially announced the June 7th release of its new Bitcoin mining card— “GMO Miner B2”, marking a new era of powerful, energy-efficient processing units as the world’s first 7nm consumer mining card. This announcement highlights the ASIC arms race for producing more powerful and energy efficient mining rigs against companies like Samsung, Intel,…