Announcing the scheduled global freeze of Mr.Exchange’s Ripple gateway

Mr.Exchange: a Ripple gateway in Japan, will activate global freeze on June 11th, 2018.   Fukuoka, Japan – Mr.Exchange Inc. announces “Mr.Exchange (formerly known as Mr.Ripple)” a Ripple gateway service is scheduled to activate global freeze, which disables all trading and exchanging, effective on June 11th 2018 . Globally freeze will officially commence on June 11th, 2018. Afterwards, IOUs issued by Mr.Exchange will be less valuable and can no longer be used to trade or exchange.   Mr.Exchange service will stop all trading and exchanging functions on June 11th, 2018.…

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Two Bitcoin Exchanges shut down as Regulators tighten grip in Japan

A shakedown is happening in Japan as regulators tighten their grip on Cryptocurrency exchanges.     As per Japanese Law, all cryptocurrency exchange operators are required to register with the FSA – Financial Services Agency, and as reported by the Nikkei Asian Review, of the thirty-two exchanges in Japan, half have registered while the other sixteen continued to operate under review. Tokyo GateWay and Mr. Exchange are the two exchanges withdrawing their applications to register.   Just one year ago, on 1 April 2017, the Japanese government passed into law…

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