{"id":408504,"date":"2022-02-22T12:03:21","date_gmt":"2022-02-22T09:03:21","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/japan-exchange-group-alerts-against-imposter-crypto-trading-platforms\/"},"modified":"2022-02-22T12:03:21","modified_gmt":"2022-02-22T09:03:21","slug":"japan-exchange-group-alerts-against-imposter-crypto-trading-platforms","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/japan-exchange-group-alerts-against-imposter-crypto-trading-platforms\/","title":{"rendered":"# Japan Exchange Group alerts against imposter crypto trading platforms"},"content":{"rendered":"<p>&#8220;<strong># Japan Exchange Group alerts against imposter crypto trading platforms <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Japan Exchange Group (JPX), the Tokyo Stock Exchange and Osaka Exchange owner, warned the public against companies that are misleading Japanese investors by selling crypto assets under the JPX brand.\u00a0<\/p>\n<p>JPX <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.jpx.co.jp\/english\/announce\/20220208_index.html\">issued<\/a> the alert after receiving reports about an ongoing attempt to dupe unwary investors into trading Bitcoin (BTC) and cryptocurrencies on platforms misrepresented as JPX or one of its subsidiaries.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Alert on trading in crypto assets using similar names to JPX<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/CVrvpA0dNE\">https:\/\/t.co\/CVrvpA0dNE<\/a><\/p>\n<p>\u2014 Japan Exchange Group EN (@JPX_official_EN) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/JPX_official_EN\/status\/1490943504159154177?ref_src=twsrc%5Etfw\">February 8, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nThe company highlighted that the fraudulent companies in question are replicating JPX names, logos and URLs in various forms \u2014 including iterations of JPEX, jpex and Japan Exchange \u2014 on their platforms and marketing initiatives. JPX\u2019s alert noted:<\/p>\n<blockquote><p>\u201cBe aware that the above companies and trades have no association whatsoever with Japan Exchange Group, Inc. (JPX) or any other companies affiliated with JPX Group.\u201d<\/p><\/blockquote>\n<p>While JPX has not yet opened up crypto trading for Japanese investors, the company is currently spearheading numerous initiatives to test blockchain and distributed ledger <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> (DLT) within traditional finance.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.jpx.co.jp\/english\/corporate\/news\/news-releases\/0010\/20220214-01.html\">According<\/a> to JPX, the above initiative aims to improve the transparency of data and the efficiency of data collection via blockchain technology. Moreover, the company, along with 33 Japanese financial institutions, has begun testing and research to discuss the possibility of <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lying blockchain or DLT to its existing capital market infrastructure.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-02\/8b4cd4c8-fc54-4db1-ac54-1f412c1d1595.jpg\"><figcaption style=\"text-align: center;\">JPX&#8217;s proposed DLT framework. Source: JPX<\/figcaption><\/figure>\n<p>Reiterating JPX\u2019s latest alert, a recent Cointelegraph report from Feb. 17 highlights the rise of new crypto projects that pose as prominent brands to lure investors.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">%100scam because mgass=minitesla telegram page<\/p>\n<p>\u2014 niyazi kabak\u00e7\u0131 (@KabakciNiyazi) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/KabakciNiyazi\/status\/1485740060653805588?ref_src=twsrc%5Etfw\">January 24, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>By mimicking popular brands such as Tesla, Jurassic Park, Meta and Animoca Brands, bad actors try to earn credibility for their projects despite having no affiliation with the brands themselves.<\/p>\n<p><strong>Related: <\/strong><strong><em>Japanese government considers relaxing strict coin listing rules<\/em><\/strong><\/p>\n<p>Japan\u2019s plan for crypto adoption is reciprocated by the sudden rise in the efforts to scam new investors. Earlier this month, the Japanese government reportedly planned out a proposal to make it easier for registered crypto exchanges to list digital assets in the local retail trading market.<\/p>\n<p>As Cointelegraph reported, if the proposal passes, exchanges registered with the Financial Services Agency (FSA) will have the permission to list certain assets without performing a lengthy screening process.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/japan-exchange-group-alerts-against-imposter-crypto-trading-platforms\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Japan Exchange Group alerts against imposter crypto trading platforms &#8221; Japan Exchange Group (JPX), the Tokyo Stock Exchange and Osaka Exchange owner, warned the public against companies that are misleading Japanese investors by selling crypto assets under the JPX brand.\u00a0 JPX issued the alert after receiving reports about an ongoing attempt to dupe unwary&#8230;<\/p>\n","protected":false},"author":1,"featured_media":408505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDIvZmUzOWU4NGEtMzI0Zi00NjZkLWEyNTUtMjljNDFmYzBlYjRiLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74862,74894,75917,117,71511,73711,20618,70934,24564],"class_list":["post-408504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-bitcoin","tag-blockchain","tag-exchanges","tag-business","tag-government","tag-investments","tag-japan","tag-regulation","tag-tokyo"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/408504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=408504"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/408504\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/408505"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=408504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=408504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=408504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}