Cryptocurrency News From Japan: May 3

This week’s headlines from Japan included Taotao exchange revealing positive first year numbers, the Japan Crypto Trading Association unveiling crypto asset market rates, Coincheck announcing recent positive fiscal year totals, and Cointelegraph diving into the scene around several exchanges in Japan.  Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. Taotao exchange sees soaring volume Taotao, a crypto exchanged backed by Yahoo Japan, saw rising customer figures during Q1 2020, seeing over 7,000 total users by the end of March 2020. Glossing performance from a fiscal…

Ripple’s XRP Ushers in Wallet Termination Capability

XRP users can now delete their wallets on the XRP network if they so desire — an update put in place after the community majority voted in favor of the change. “After maintaining an 80% consensus during the mandatory 15-day voting period, the XRPL Deletable Accounts Amendment became enabled on May 8, 2020 at 4:29:30 UTC, through the ledger 55,313,921,” former XRP Center manager, Arturo Portilla, said in a May 8 tweet.  Users can delete accounts on the ledger Ripple’s XRP runs on a distributed ledger. “An account in the…

OKCoin Brings Two Industry Vets Onboard Amid Global Expansion

Global crypto exchange, OKCoin, has added two new members to its top bass — Haider Rafique, Blockchain.com’s former head of growth, and Megan Monroe-Coleman, Coinbase’s previous compliance executive. Megan Monroe-Coleman comes on board as the outfit’s global chief compliance officer, while Haider Rafique takes the role of global chief marketing officer, said a statement provided to Cointelegraph.  OKCoin in the midst of expansion OKCoin has shown several expansion efforts so far in 2020. The exchange brought in former Goldman Sach’s staff, Hong Fang, as CEO in early March. At the same…