Japan's Finance Ministry to Explore Digital Yen Feasibility: Report
[Mar 30, 2023 2:54 AM] The ministry plans to launch an expert panel next month to explore the feasibility of a central bank digital currency.
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G-7 Will Push for Tighter Global Crypto Regulations: Kyodo
[Mar 27, 2023 5:13 AM] Discussions on a global framework will speed up ahead of a May meeting of finance ministers and central bankers.
G7 to collaborate on tighter crypto regulation: Report
[Mar 26, 2023 12:03 PM] Leaders from Japan, the United States, the United Kingdom, Canada, France, Germany, and the European Union are expected to outline a global cooperative strategy for digital assets in May.
Fujitsu interested in crypto trading services, trademark application reveals
[Mar 26, 2023 1:04 AM] The brand wants to offer financial services, including accepting deposits, financing loans, financial management and the exchange of crypto assets.
Mt. Gox creditors have until March 10 to register and choose repayment method
[Mar 7, 2023 3:13 PM] Creditors have the option of a lump-sum payment, bank remittance, fund transfer service provider, or through a cryptocurrency exchange or custodian.
Could NFTs and crypto help Japan’s ‘Cool Japan’ strategy?
[Feb 28, 2023 8:02 AM] Crypto-adjacent technologies could be a valuable part of Japan's strategy to promote its culture and boost its economy.
Japanese Tech and Finance Giants Launch Japan Metaverse Economic Zone
[Feb 28, 2023 4:30 AM] Several Japanese tech and finance giants have signed a document to create the Japan Metaverse Economic Zone, a multipurpose virtual universe that will have its base in a platform called Ryugukoku. The virtual world will allow these companies to…
Tech companies enter agreement for ‘Japan Metaverse Economic Zone’
[Feb 27, 2023 6:05 AM] A group of prominent Japanese technology companies, including Fujitsu and Mitsubishi, came together in a new agreement to help advance the country’s metaverse sector.
FTX Japan allows total withdrawal of funds — users rejoice the ‘escape’
[Feb 26, 2023 1:04 AM] Numerous community members received their funds as FTX investors in other countries remain hopeful of a similar outcome.
FTX Japan reports $50M in withdrawals since Feb. 21
[Feb 23, 2023 12:30 PM] According to the crypto exchange, 7,026 FTX Japan account holders had moved funds from the firm to Liquid Global — a requirement in order to withdraw assets.
Tech Giant Globant Believes the Metaverse Will Have Its Make or Break Moment in 2023
Crypto exchange FTX Japan to resume withdrawals on Feb. 21
[Feb 20, 2023 10:32 AM] “We are very sorry for the concern and inconvenience caused to our customers due to the suspension of our services,” the exchange wrote.
Study: XRP More Popular In Japan Than US, But Bulls Lack Strength
[Feb 20, 2023 7:10 AM] XRP is the most popular cryptocurrency in Japan, according to a recent study by the City of Hong Kong University that is currently circulating on Twitter. According to the study, XPR is even more popular in the Land of the Rising Sun than in the…
FTX Japan plans to resume withdrawals as early as February: Report
[Feb 17, 2023 10:49 AM] FTX Japan Holdings, FTX Japan and FTX Japan Services were three of FTX’s 134 subsidiaries caught up in the firm’s Chapter 11 bankruptcy filing in the United States.
The Bank of Japan to launch its CBDC pilot before May
[Feb 17, 2023 3:58 AM] The Bank launched a pilot program for “digital yen” in April after finishing its proof-of-concept testing, which began in 2021.
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
[Feb 16, 2023 8:22 PM] Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.”
Japanese Prime Minister says DAOs and NFTs help support government’s 'Cool Japan' strategy
[Feb 2, 2023 1:33 PM] Fumio Kishida said there were “various possibilities for using Web3” in Japan and has previously supported blockchain-based initiatives for authorities using digital solutions.
Recruiting Agencies in Japan Are Turning to the Metaverse
[Jan 30, 2023 6:30 AM] The metaverse is making inroads in job recruiting fronts in Japan. According to local reports, a mega metaverse job fair was organized on Jan. 27, with more than 2,000 students taking part in the experience. The students used avatars to communicate…
Japan’s FSA expects to allow certain stablecoins by June 2023
[Jan 23, 2023 7:55 AM] There is yet no opportunity to know whether US dollar-backed stablecoins like USDT or USDC will be allowed in Japan by June 2023, the FSA said.
Japan Urges Regulators Worldwide to Subject Crypto Exchanges to Bank-Level Oversight
[Jan 18, 2023 8:30 PM] Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion wasn’t brought on by crypto technology…
Ripple CEO: XRP lawsuit resolved by June, SEC conduct 'embarrassing'
[Jan 18, 2023 8:14 PM] Ripple CEO Brad Garlinghouse said the firm's XRP lawsuit could come to an end within "single-digit months."
Coinbase stops Japan operations amid trading slump
[Jan 18, 2023 4:08 AM] Coinbase crypto exchange originally started planning its Japanese expansion during the bear market in 2018.
Japanese regulators want crypto treated like traditional banks
[Jan 16, 2023 11:07 PM] Mamoru Yanase said crypto needs the same safeguards as financial institutions and banks.
FTX asset sales challenged by U.S. Trustee: Report
[Jan 7, 2023 3:58 PM] A U.S. Trustee filed an objection to plans by FTX to sell its units in Europe and Japan, among other businesses.
Square Enix to Deepen Its Blockchain Efforts in 2023
[Jan 4, 2023 12:30 AM] Square Enix, the Japanese gaming giant, is preparing to announce more blockchain-based titles in 2023. As part of a now traditional new year’s letter issued by Yosuke Matsuda, CEO of the company, the executive announced some of the moves…
New year, same old troubles — The FTX saga continues in 2023: Law Decoded, Dec. 26-Jan. 2
[Jan 2, 2023 3:00 PM] Having been granted the opportunity to enjoy Christmas and the New Year with his family, former FTX CEO Sam Bankman-Fried has very few reasons for optimism in 2023.
Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018
[Jan 2, 2023 9:30 AM] Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. However, much of that perception may have been a facade as a recent report details that Alameda suffered…
Insurance Giant Tokio Marine to Offer Its Services in the Metaverse
[Dec 31, 2022 5:30 AM] Tokio Marine, the biggest property/casualty insurance group in Japan, is taking its services and operations into the metaverse. The group, which has more than 39,000 employees all over the world, will allow its users to review and purchase…
Japanese Gaming Company Gumi Partners With Square Enix and SBI Holdings to Strengthen Metaverse Pivot
[Dec 28, 2022 4:30 AM] Gumi, a Japanese mobile gaming company, has partnered with Square Enix and SBI Holdings to build new business opportunities around the metaverse. The deal, which also includes the issuance of new stock valued at $52.7 million dollars, will allow…
Kraken quits Japan for the second time, blaming a ‘weak crypto market’
[Dec 27, 2022 11:19 PM] The crypto exchange said it will deregister from Japan’s Financial Services Agency as a crypto asset exchange operator from Jan. 31.