Quantum Solutions (2338) · RiskDropped
Risk of Failure to Register as a Cryptocurrency Exchange Service Provider and of Business Disruption Due to Regulatory Changes
First written in FY2018. 1 of 3 entries say "Softened", first in FY2019. Latest entry: FY2020.
3entries
3years
0from disclosures
How it moved
Same theme, other companies
Registration Review and Launch Delays for Crypto-Asset Exchange BusinessA theme 3 companies write about · 3 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Dropped".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2020DroppedAnnual reportNo direct reference was found to the failure to obtain registration as a domestic cryptocurrency exchange service provider, and no risk premised on plans to establish a domestic exchange could be confirmed. However, the risk of changes in the laws and regulations of countries where exchanges are established remains separately applicable.
- FY2019SoftenedAnnual report
「The plan to establish a cryptocurrency exchange in Japan was also abandoned.」
Because the plan to establish a domestic exchange was abandoned, the business exposure to difficulties operating domestically due to the lack of domestic registration has decreased. - FY2018First statedAnnual report
「To operate a cryptocurrency exchange business in Japan, 株式会社ビットワン must first be registered as a cryptocurrency exchange service provider under the Payment Services Act. As of 30 May 2018, 株式会社ビットワン had not yet obtained registration as a cryptocurrency exchange service provider and was not operating a cryptocurrency exchange business in Japan.」
Although registration is a prerequisite for launching a domestic exchange, registration had not been completed as of the filing date. The disclosure also identifies as a new risk the possibility that launching or continuing to operate an exchange could become difficult due to changes in laws and regulations.