Japan News and Articles

Japanese authorities will include the problem of working with the Central Bank's digital currency (CBDC) in the official economic plan. According to the Cointelegraph, citing local media, the CBDC will enter the Honebuto economic recovery plan, which is part of Japan’s national strategy. The...

XRP became the second most popular crypto coin among Japanese investors, almost catching up with BTC. This is evidenced by a study of the local BitMax exchange. The trading platform polled 1,498 customers. The favorite cryptocurrency of 26% of respondents is Bitcoin, while Ripple was preferred by...

Japanese media holding Media Do Holdings will direct $2.8 million to create a distributed registry. This need is due to the growing demand for e-books during the coronavirus pandemic. The plans of the company are reported by Nikkei. The holding will begin developing its own distributed registry at...

Seychelles crypto derivatives exchange BitMEX will soon prohibit all users from Japan to use their platform. On Tuesday, April 28, the exchange announced that since April 30 it plans to restrict access to its platform for residents of Japan and prohibit existing users from placing orders from May...

The Japan Financial Services Agency (FSA) lately adopted Huobi Token (HT), and the eponymous exchange became the first global platform whose native token received permission from a specific jurisdiction. FSA has established HT as a crypto asset that complies with the country's regulatory rules, and...

New arrangements for cryptocurrencies in Japan due to “unexpected delays” will come into force on May 1, and not from April, as previously planned. That is about improvements to the Law on Financial Settlements and the Law on Financial Instruments and Exchanges. The changes in them concern both...

Two people were arrested in Tokyo for acquiring the NEM crypto coin, associated with the unprecedented hacking of the Coincheck exchange in 2018, which resulted in the theft of $530 million, Jiji Press writes. It is assumed that the detainees knew about the origin of the funds. For what purpose and...

Binance has begun negotiations on a strategic partnership with Z Corporation Inc. - a division of Softbank holding with a 60% stake in Yahoo! Japan and TaoTao exchange. Z Corporation, a subsidiary of Yahoo Japan, and TaoTao begin negotiations with #Binance for strategic partnerships in the Japanese...

According to the latest announcements, JPMorgan's blockchain payment network is going to begin operating in Japan at the beginning of 2020. Based on Quorum, JPMorgan's in-house blockchain platform, the Interbank Information Network (IIN) plans to quicken payment transactions as well as address...

During the meeting of the Group of 20 nations in Osaka, major economies said that stablecoins should be managed to have control over the risks that can arise before any digital currency issues. Haruhiko Kuroda head of Japan’s Bank said during the briefing: “We must consider appropriate...

The deputy head of the Bank of Japan, Masayoshi Amamiya, ruled out the likelihood of issuing national digital currency, Reuters reported. According to the official, the issuance of such a means of payment would mean a waiver of fiat money. “Liquidation of cash will make the payment...

The famous messaging platform from Japan LINE will be able to open a cryptocurrency exchange in the country soon. LINE is really close to getting a license from the Japanese Financial Services Agency (FSA), it can even become real in this month. Owning the license will let the company run BitMax...

A data sharing arrangement was made between 100 influential Japanese corporations. There are corporations among these 100, that are globally known, like Mitsubishi Electric or Yaskawa Electric. This project was specially designed to advance productivity, decrease risks of info leaks and make...