Search Results for "japan"
Messaging Giant LINE is Developing a Platform for CBDC
Japanese messaging giant Line is developing a platform to aid Asian central banks in their pursuit of central bank digital currencies (CBDC).
Japan’s Major Banks Join Consortium of Private Firms to Launch Yen-Based Digital Currency
The private sector in Japan has joined forces to examine the trial and launch of a CBDC as a way of streamlining large funds transfers and settlements among financial firms.
Japan’s Financial Regulator Proposes New Legislations, Limiting Stablecoin Issuance to Banks
Japan’s FSA is working on a legislation that is set to be introduced next year. The regulations seek to make it only wire transfer companies and banks can issue stablecoins.
FTX Japan Plans to Resume User Withdrawals in February
On Feb. 17, FTX Japan notified impacted customers to verify their account balances to make withdrawals.
Gate.io Executive Explains: What Can We Expect for the Upcoming Bitcoin Halving Event and Crypto in 2020?
Bitcoin halving has been suggested as a significant event. Gate.io also released a halving countdown page for nine major cryptocurrencies in 2020, keeping its users informed of the latest status on halvings. “As an exchange, we want to be instrumental in providing useful information about Bitcoin Halving to our users and the overall community,” Tatibouet said.
Mutual Efforts with Europe, U.S. Key for CBDC Issuance: Bank of Japan Governor
Joining hands with the United States and Europe is fundamental when meeting technical issues needed in the issuance of a central bank digital currency (CBDC).
Japan's Tech Companies Collaborate to Build Open Metaverse Infrastructure
Several tech companies in Japan have signed an agreement to create the Japan Metaverse Economic Zone and an open metaverse infrastructure called Ryugukoku. The infrastructure will serve as a new social infrastructure for enterprise digital transformation and enable interoperability across different platforms.
Mitsubishi to Digitize Metal Resource Trade on Blockchain Platform
Mitsubishi Corporation has launched a blockchain platform to streamline and digitize metal trading via its metals and minerals subsidiary.
SBI to Launch the First Crypto Fund for Long-term Investors in Japan at the end of November
The Japanese Financial Giant SBI Group stated that it will launch its first cryptocurrency fund in Japan before the end of November to provide Japanese investors with a more diverse portfolio.
Japanese Firms to Launch New Web3 Game CAPTAIN TSUBASA RIVALS
The new Japanese football-featured Web3 game will allow users to connect globally with the popular manga character.
Coinbase Leaves Japan After Trade Collapse
Coinbase announced its Japan exit on Jan. 18. Customers have a month to remove money and crypto from the site. After February 17, Coinbase Japan users' crypto holdings will be automatically converted to yen (JPY). From Jan. 20, fiat currency deposits are unavailable.
Japan's FSA Unveils Financial Policy Focus for 2023:
Japan's Financial Services Agency (FSA) has announced its fiscal 2023 financial administrative policy, aiming to maintain economic stability and tackle social issues like climate change and digital transformation.