Restrictions on Cryptocurrencies in Japan
As a consequence of this law, Crypto exchanges in Japan must register and adhere to the same AML or CFT obligations as any other financial institution.
Crypto Evening Briefing: Japanese Banks to Test Stablecoins on ‘Japan Open Chain’
Japan has taken a major step forward when it comes to stablecoins, with several notable banks testing stablecoin usage on Ethereum-compatible blockchains.
Japanese Banks to Test Stablecoins on ‘Japan Open Chain’
Japan has taken a major step forward when it comes to stablecoins, with several notable banks testing stablecoin usage on Ethereum-compatible blockchains.
Japan’s Very Own Metaverse Is on the Way, Will Accelerate Web3 Adoption
Many major Japanese technology, manufacturing, and financial firms are collaborating to build the infrastructure for an open metaverse in order to advance the country’s Web3 strategy.
Mawari Launches Testnet in Japan as a GSMA Foundry Project
Japanese Operator KDDI joins as the first collaborating partner.
BitFlyer Founder Eyes CEO Comeback, Share Sale amid Boardroom Conflicts
Yuzo Kano, co-founder and former chief executive officer (CEO) of Japan’s largest cryptocurrency exchange bitFlyer Inc., said he plans to return as CEO and steer the company towards an initial public share sale to resolve management conflicts, Bloomberg reported Monday. Kano stepped down as CEO in 2019, but remains the company’s largest shareholder with a 40% stake. BitFlyer sought a sale to Singapore-based fund ACA Partners last year, which Kano said was a maneuver to dilute his stake in the exchange. (forkast)
Japan Follows Up on Metaverse Investment Plans
Ten Japanese companies have come together to create a metaverse economic zone five months after Prime Minister Fumio Kishida said Japan would expand investments in Metaverse and non-fungible tokens (NFTs).
Crypto Evening Briefing: Fujitsu and Mitsubishi Look To Create Japanese ‘Metaverse Economic Zone’
A group of large Japanese companies — including Mitsubishi, Fujitsu and banking giant Mizuho — agreed to work together to create a "Metaverse Economic Zone" for the country, with the aim of building open metaverse infrastructure.
Fujitsu and Mitsubishi Look To Create Japanese ‘Metaverse Economic Zone’
A group of large Japanese companies — including Mitsubishi, Fujitsu and banking giant Mizuho — agreed to work together to create a "Metaverse Economic Zone" for the country, with the aim of building open metaverse infrastructure.
Bank of Japan to Launch Digital Yen CBDC Pilot Later This Year
The Bank of Japan is preparing to launch a pilot test for a digital yen, its central bank digital currency (CBDC), later this year. Shinichi Uchida, executive director of the Bank of Japan, explained that the goals of this new pilot are to test the technical feasibility of the currency and to include private businesses in its design process.
