Crypto News From Japan: Jan. 6-10 in Review
Cointelegraph By Benjamin Pirus's original article for cointelegraph.com reduced by 76%
This week's news from Japan included declining trading volume, statements from prominent figures on China's pending digital currency, a Lisk staking announcement and a blockchain-based letter of credit. Crypto faces declining cash and leverage trading volume in NovemberCrypto trading volume via cash and margin held an upward climbing trend from August until November 2019.Numbers from November show a decline, according to fresh data from the Japan Virtual Currency Exchange Association from Nov. 10.Coincheck enables Lisk stakingTokyo-based crypto exchange Coincheck announced users will now be able to stake the crypto asset Lisk, a global first for the asset, noted in the announcement from Coincheck.
Japan's largest bank issues blockchain-based letter of creditMitsubishi UFJ Bank - Japan's largest bank - issued a letter of credit on the blockchain, Cointelegraph Japan reported, based on an announcement from the bank.
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Summarised crypto news.