Cryptocurrency News From Japan: May 31 - June 6 in Review

This week’s headlines from Japan included Coincheck updating the public on a recent data leak, a blockchain tech outfit unveiling plans for a digital local currency, BitBank facing a breach similar to Coincheck, the Japan STO Association gaining its first full-time trust bank member, and Japan achieving the second highest 24-hour Bitcoin trading volume numbers for May. Tokyo-based crypto exchange Coincheck faced a hack between May 30 and June 1, leading to  hundreds of users' leaked data.

Japan saw plans for a new local digital currency recently, unveiled from Soramitsu, a Japanese blockchain tech company. Japan recently posted the second highest average 24-hour Bitcoin (BTC) trading volume in terms of global rankings for May, according to Coinmetrics data.

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