According to a report titled "Legislative Trends and Social Keyword Data Analysis in Travel Rules" jointly released by Code, a joint venture company of Bithumb, Coinone, and Cobit, and Catalyst Research, a blockchain consulting group, Korea, Japan, and France were among the countries most mentioned in the first half of this year regarding "travel rules".

Japan's crypto regulator has granted whitelist approval to EOS, allowing it to be traded against the Japanese yen on regulated exchanges in the country. The EOS Network Foundation announced that the token has received whitelist approval from the Japanese Virtual and Crypto Asset Exchange Association.

Japan's Prime Minister, Fumio Kishida, has reiterated the country's support for the Web3 industry and its potential to transform the web and society. Kishida emphasized the importance of Web3 in attracting industry players to Japan to promote collaboration and innovation across sectors. Binance, one of the world's largest cryptocurrency exchanges, has announced its upcoming launch in Japan, cementing the country's position as a thriving center for Web3 innovation. The exchange's services will be available on a new Japanese platform starting in August 2023.

According to Jinshi reports, Binance CEO Changpeng Zhao (CZ) said that Binance will start providing full services on the new platform in Japan in August.

Payment services company Circle is considering issuing a stablecoin in Japan following the implementation of legislation governing stablecoins on June 1. CEO Jeremy Allaire believes Japan could become an extremely large market for stablecoins if they are more widely used for cross-border trade and global commerce.

July 4 (Cointime) - Japan is planning to loosen its regulations on the use of artificial intelligence (AI) in order to boost its semiconductor manufacturing industry and overall economic growth. The country aims to have new policies in place by the end of the year that are more aligned with the approach taken by the United States rather than the European Union's stricter regulations. Twitter, now known as X Corp, is facing legal action from former employees who were laid off after the company was taken over by Elon Musk. These employees are accusing the company of discrimination and failing to provide severance pay, and are now pursuing arbitration. Coinbase, a US-based cryptocurrency exchange, saw a 13% increase in share price after Cboe filed an application with the Securities and Exchange Commission to launch a spot Bitcoin exchange-traded fund, with Coinbase helping to monitor ETF manipulation.

June 28 (Cointime) - Kyoto, Japan's former capital known for its rich history and traditional landmarks, is hosting the IVC Crypto 2023 conference from June 28-30. The event is expected to draw 10,000 Web3 investors, developers, and enthusiasts from around the world and will feature over 700 speakers participating in various talks and side events. Japan has recently shown a strong embrace of Web3-thinking, with Prime Minister Fumio Kishida identifying digital assets and blockchain as pillars of a new economy and appointing a crypto czar to drive initiatives. This conference is part of a growing groundswell of crypto-related events in Japan, including the Japan Blockchain Week running from June 18 to July 9.

June 27 (Cointime) - Former CFTC Chairman Chris Giancarlo suggests that Japan may benefit from the regulatory challenges faced by the US in the cryptocurrency industry.

June 27 (Cointime) - The Financial Services Authority (FSA) of Japan has partnered with the Monetary Authority of Singapore (MAS) to jointly regulate and pilot test cryptocurrency projects under MAS's "Project Guardian" initiative. The FSA's participation will be limited to an observer capacity in the current phase.

June 27 (Cointime) - OKX, the second largest offshore cryptocurrency trading venue, is reportedly stopping its services to customers in Japan due to local regulatory rules and laws. Chinese crypto blogger Colin Wu believes this move may be due to pressure from the local financial regulator, the FSA.